World Trade Center Archives - Carrier Management

Expert Calls For Wider Use of Blast Modeling For Possible Terrorist Attacks

While catastrophic event models focus mainly on weather-related events, the world also has to cope with catastrophic terrorist acts, particularly those caused by explosive devices placed in areas ...

Port Authority Reaches Deal on Silverstein’s 3 World Trade

The Port Authority of New York and New Jersey approved a financing agreement for Larry Silverstein's 3 World Trade Center that allows him to use $159 million of insurance proceeds to help build the ...

Judge Rules Bonus Awards to WTC Cleanup Workers Came Too Soon

A judge acted prematurely in awarding a $55 million bonus payment to thousands of rescue and cleanup workers at the World Trade Center site who settled lawsuits against New YorkCity over damage to ...

Cantor Fitzgerald, American Airlines Agree to 9/11 Suit Settlement

Cantor Fitzgerald has agreed to settle a lawsuit against American Airlines Group Inc. and its insurers over business and property losses stemming from the Sept. 11, 2001, attacks on the World Trade ...

NYC’s World Trade Tower Opens 40% Empty in Revival: Real Estate

The first skyscraper at lower Manhattan's World Trade Center is set to open with two days of ceremonies to mark the renewal of the area after its destruction by terrorists. When the fanfare subsides, ...

NY Judge To Rule If WTC Developer Can Seek Damages Beyond Insurance Payments From Airlines

A federal judge is days away from deciding if New York developer Larry Silverstein can recover as much as $3.5 billion from airlines for damages to the World Trade Center on Sept. 11, 2001, on top of ...