American Express Commits to 2M SF Tower at 2 WTC

25 February 2026

After years of discussions, the final tower for the World Trade Center campus has a future in place.

On Wednesday, American Express announced that it would build a 2-million-square-foot tower at 200 Greenwich Street, otherwise known as 2 World Trade Center. Silverstein Properties will develop the 55-story building, while Foster + Partners will be the architect.

The property will be able to house up to 10,000 employees and have more than an acre of outdoor space with terraces, gardens and skyline views. The development is also expected to pursue LEED certification.

Work is expected to begin this year. The anticipated completion of the project is in 2031.

Port Authority owns the land underneath 2 World Trade Center, but Silverstein signed a 99-year ground lease with the agency for the site mere weeks before the Twin Towers were destroyed on 9/11.

JLL and Savills represented Port Authority in the deal, according to the Commercial Observer, while a Cushman & Wakefield team including Peyton Horn, Dale Schlather and Lou D’Avanzo represented AmEx. Meanwhile, CBRE‘s Mary Ann Tighe, Ken Meyerson and Evan Haskell were among those to represent Silverstein.

It’s not entirely clear what will happen to AmEx’s space at 200 Vesey Street, a building portion it has owned and occupied for four decades. The company’s announcement said it will “retain its current headquarters at 200 Vesey Street until the completion of the project,” suggesting it will relocate upon completion.

AmEx did not immediately respond to a request for comment from The Real Deal.

AmEx entered into an exclusive negotiating period with Silverstein back in September 2024. Silverstein has spent much of this century trying to secure an anchor tenant, necessary to get a loan to build the tower.

AmEx hired Cushman & Wakefield in 2022 to explore a relocation or renovation for its Manhattan offices.