Who owns World Trade Center?

The Port Authority of New York and New Jersey owns and operates the World Trade Center campus. Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country.



The ownership of the World Trade Center (WTC) site in Lower Manhattan is a complex partnership between public and private entities. The land itself is owned by the Port Authority of New York and New Jersey (PANYNJ), a bi-state government agency. However, the rights to develop and manage the office and retail spaces are held primarily by Silverstein Properties, led by developer Larry Silverstein. In July 2001, just weeks before the September 11 attacks, Silverstein signed a 99-year lease for the twin towers, a legal standing that gave him the right and obligation to rebuild. Today, Silverstein Properties manages Towers 2, 3, 4, and 7. The centerpiece, One World Trade Center (the "Freedom Tower"), is owned by the Port Authority, though the Durst Organization holds an equity stake and manages the building. The site also includes the National September 11 Memorial & Museum (a non-profit) and the Oculus transportation hub (Port Authority). This intricate web of ownership ensures that the 16-acre site serves as a mix of commercial hub, transit center, and hallowed memorial ground.

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Due to the completion of One, Three, and Four World Trade Center, as well as the memorial and museum, the project was very unlikely to be built.

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As a consequence of that structural miracle, nearly everyone in the two buildings below the point of impact — at least 10,000 people — escaped with their lives. No one, however, had ever planned for the deliberate attack by a plane loaded with 9,000 gallons of highly inflammable aviation fuel.

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Each of the Twin Towers had 110 floors. Each tower's footprint and floors were approximately an acre in size. On windy days, each tower could sway up to almost 12 inches side to side. There were 43,600 windows in the Twin Towers, equating to more than 600,000 square feet of glass.

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On Sept. 11, 2001, 343 firefighters and paramedics were killed, most when the towers collapsed. Now, an equal number have died from 9/11-related illnesses, the FDNY says.

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The World Trade Center is a mostly completed complex of buildings in the Lower Manhattan neighborhood of New York City, replacing the original seven buildings on the same site that were destroyed in the September 11 attacks of 2001.



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In 2010, buried underneath the ruins of the Twin Towers, we found the remains of a large ship's hull. Now, scientists have revealed the secrets behind this mysterious vessel. The ship was discovered in the wreckage below the excavation site, approximately 22 feet (6.7 meters) below the soil.

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The United States Strategic Bombing Survey of the atomic attacks, released in June 1946, used the term liberally, defining it as: For convenience, the term 'ground zero' will be used to designate the point on the ground directly beneath the point of detonation, or 'air zero.

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