World Trade Center site

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The World Trade Center site (ZIP code: 10048), also known as "Ground Zero" after the September 11 attacks, sits on 16 acres (65,000 m2) in Lower Manhattan in New York City.[1] The World Trade Center complex stood on the site until it was destroyed in the attacks; Studio Daniel Libeskind, the Port Authority of New York and New Jersey, Silverstein Properties, and the Lower Manhattan Development Corporation oversee the reconstruction of the site. The site is bounded by Vesey Street to the north, the West Side Highway to the west, Liberty Street to the south, and Church Street to the east. The Port Authority owns the site's land (except for 7 World Trade Center). Developer Larry Silverstein holds the lease to retail and office space in four of the site's buildings.[2]

While the Port Authority of New York and New Jersey is often identified as the owner of the WTC site, the ownership situation is actually somewhat complex and ambiguous.[3] While the Port Authority indeed owns a "significant" internal portion of the site of 16 acres (65,000 m2), the Port Authority has acknowledged "ambiguities over ownership of miscellaneous strips of property at the World Trade Center site," going back to the 1960s. An area of 2.5 acres (10,000 m2) at the site, representing the land where streets had been located prior to the development of the World Trade Center, has unclear ownership.

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