After September 11, 2001: The Impact of Terrorism on Corporate America
- Topics:
- Market Studies,
- Site Selection
- Tags:
- Business Operations,
- Business Security,
- Corporate Insurance,
- Government,
- Group C Communications,
- Homeland Security,
- Office,
- Terrorism
- Source:
- Group C Communications
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Overview: New York City is considered by many to be the world's largest and most important property market. Approximately 20% of the downtown Manhattan office market 15.5 million square feet of office space was destroyed in the September 11 terrorist attack on the World Trade Center. Not all of the space loss is permanent. Many companies were based in buildings that were not destroyed, but are still temporarily closed due to dust and other cosmetic damage. These companies are looking for space, but only temporarily, on a six-to-nine-month basis. Article considers New York's official contingency plans and corporations' immediate plans in its discussion.
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Format: HTML | Date: Oct 2001 | Pages: 1
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