Monday November 3, 2014 marked the opening of the $3, 9 billion One World Trade Center on the former site of the Twin Towers that were destroyed by terrorists 13 years ago. The structure is taller than the Twin Towers at 1, 7776 feet to commemorate the year of American Independence. The first tenant to move in was Conde Nast, with 3, 400 staffers occupying floors 20 through 44. The center also houses U.S. Army Corps of Engineers, U.S. Border Protection, the China center, and many more companies and organizations. Occupancy is at 60% on its initial opening, which is higher than average for a building of this kind, as reported by World Property Rental.
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Close by the One World Trade Center are Larry Silverstein’s 4 World Trade Center and 7 World Trade Center buildings. Expected to be completed in 2015 is a transportation hub that is going to be the third largest in New York City, and may even rival Grand Central Station.