There's been a minor setback on the site of WTC 2, which is located on the northeast corner of the site. Inspectors discovered that the tower crane that was being installed there had a crack in a structural member. It hasn't been put in service and the public is not affected by the crane; it was discovered during routine inspections put in place following a series of high profile crane accidents that killed several people a few years ago.
The crane may be repaired on site, but if that isn't sufficient, an alternative plan is being submitted to the Department of Buildings.
Meanwhile, the retail real estate business in Lower Manhattan is booming ahead of the rebuilding at Ground Zero. Part of that is due to the expected opening of 1WTC and pent up demand for retail space and an improving real estate and business environment in Lower Manhattan. Rents are up and businesses are looking at new expanded and renovated space in the World Financial Center in coming years as well as the retail space inside the World Trade Center's transit hub and connectors.
Work is also progressing on the N/R train station at Cortlandt Street. It was heavily damaged in the 9/11 attacks and was briefly reopened for a time before being closed again to accommodate construction of the Dey Street connector between the PATH Transit Hub and the Fulton Street Transit Hub. Workers hope to have the station reopened in time for the 10th anniversary of the 9/11 attacks this September as they expect the station to handle 300,000 customers daily. To put that number in perspective - that number is more than double the number that uses the Cleveland transit system handles (300,000x365 gives 10.65 million versus 5.2 million customers), but puts it in the middle of the pack among top stations in the NYC subway system.
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