Tags: Attack | Devastates | U.S. | Business

Attack Devastates U.S. Business

Tuesday, 11 September 2001 12:00 AM

The two main towers, which collapsed after being struck by aircraft, each rose 110 stories and about 1,350 feet above lower Manhattan and were surrounded by several smaller facilities that also housed major financial, brokerage and government facilities.

In addition to the twin towers, the World Trade Center complex consists of a 47-story office tower, two 9-story office towers, the 8-story U.S. Customs House Building and a 22-story hotel, the New York Marriott World Trade Center.

The extent of the damage to these facilities following the collapse of the two main towers remained unclear as emergency services struggled to cope with the chaos and devastation.

The New York City government emergency command post was located in the 47-story office building, but reportedly had to be moved after the two towers crumbled.

In the two main towers, the largest private tenant was Morgan Stanley Dean Witter, which occupies an estimated 10 percent of both towers, or a total of 51 floors, according to a financial market source.

Cantor Fitzgerald, a financial services firm, had its headquarters between the 101st and 103rd floors in one of the towers. The commercial real estate broker Julien Studley had its headquarters offices on the 88th floor of one of the towers.

Other companies with offices in the towers themselves included Keefe Bruyette Woods, a small brokerage house, the mutual fund company Oppenheimer Funds, the Bank of Yokohama, the Bank of Taiwan, Fuji Bank and Trust and Fiduciary Trust.

American Express Financial Services and Merrill Lynch have major headquarters facilities in the complex but not in the towers themselves.

Of the government offices located in the facility, the New York and New Jersey Port Authority, which regulates the ports, tunnels and bridges of the city, were located in the towers and are presumed destroyed.

The Port Authority originally built the two towers in 1972 to 1973 and managed them for decades. The facilities were reported to have been in the process of sale at the time of the apparent attack.

The entire facility is located on top of an underground shopping mall with restaurants, shops and hotels. The damage to this facility remained unclear. It is estimated that 54,000 people work in the facility, while around 150,000 tourists daily visit the tower's observation decks, located on the 107th floors, and the underground shopping attractions.

Other infrastructure damaged by the attacks includes a major antenna system used for television broadcasting and many cellular and digital phone network antenna. Reports from New York City indicate that local television, radio and phone service as been widely disrupted.

The World Trade Center withstood a terrorist attack on Feb. 26, 1993, when a bomb planted in a truck exploded in an underground parking garage. Six people died and more than 1,000 other people were injured. Six men were convicted of the attack, which they said was in retaliation for U.S. support for the Israeli government.

Copyright 2001 by United Press International.

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The two main towers, which collapsed after being struck by aircraft, each rose 110 stories and about 1,350 feet above lower Manhattan and were surrounded by several smaller facilities that also housed major financial, brokerage and government facilities. In addition to the...
Attack,Devastates,U.S.,Business
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2001-00-11
Tuesday, 11 September 2001 12:00 AM
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