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Larry Silverstein

Larry Silverstein

0% | $ 0M
L. Silverstein
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
94Y
Country
United States
Born On
May, 1931
Deceased
No
Relationship Status
Married
Children
3
Education

New York University - BA

Designation Info :

Self-Made
Yes
Type
Self-Made (Real Estate)
Organization Name
Silverstein Properties
Title
Chairman
Source

Silverstein Properties

Industry
Real Estate

About L. Silverstein


L arry Silverstein is a prominent American real estate developer and investor whose name is inextricably linked with the World Trade Center complex in New York City. He began his career in the 1950s, joining his father to buy and manage buildings in Manhattan under the firm Silverstein Properties. For decades, he built a substantial portfolio of commercial and residential properties, becoming a major figure in the city's real estate landscape. His most ambitious project began in July 2001, when he finalized a $3.2 billion deal to lease the iconic Twin Towers and other buildings at the World Trade Center from the Port Authority of New York and New Jersey.

Just six weeks after he signed the lease, the September 11th terrorist attacks destroyed the complex. In the aftermath, Silverstein, then 70 years old, dedicated himself to the monumental task of rebuilding. Despite facing immense insurance disputes, engineering challenges, and political hurdles, he has been the driving force behind the redevelopment of the site. Under his stewardship, several new towers have been completed, including 1, 3, 4, and 7 World Trade Center, reshaping the downtown Manhattan skyline and creating a powerful symbol of resilience. He remains the chairman of Silverstein Properties, actively overseeing his real estate empire.

Quick Reads


  • Chairman of Silverstein Properties, a major New York real estate firm.
  • Signed a 99-year lease for the World Trade Center complex in July 2001, just before the 9/11 attacks.
  • Has been the lead developer behind the rebuilding of the World Trade Center site.
  • Completed several new skyscrapers, including One World Trade Center (in partnership with the Port Authority) and 3 and 4 World Trade Center.
  • Began his career in the 1950s, working alongside his father.
  • His firm manages a portfolio of office, residential, and hotel properties.

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