Story perspectives

Mayor Opens Two WTC Tower; 350Park Demolished, Airbnb Buys

7/13/2026

Summary

Story summary

Mayor Zohran Mamdani attended the groundbreaking of the American Express tower at Two World Trade Center, launching Silverstein Properties’ construction.
Demolition began on 350 Park Avenue, a 1,414-foot tower built by Vornado, Rudin and Ken Griffin, who will lease 1 million feet.
Airbnb bought 281 Park Avenue South for $81.5 million as Cushman & Wakefield reported Manhattan office vacancy at 19.3 %, above brokers’ 13-14 % estimates because it counts leased space until occupation.

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Story summary

Mayor Zohran Mamdani attended the groundbreaking of the American Express tower at Two World Trade Center, launching Silverstein Properties’ construction.
Demolition began on 350 Park Avenue, a 1,414-foot tower built by Vornado, Rudin and Ken Griffin, who will lease 1 million feet.
Airbnb bought 281 Park Avenue South for $81.5 million as Cushman & Wakefield reported Manhattan office vacancy at 19.3 %, above brokers’ 13-14 % estimates because it counts leased space until occupation.