Program Purpose
The World Trade Center Rent Reduction Program (WTC RR) provides incentives for the first 750,000 square feet of commercial office space leased at the buildings to be developed at the World Trade Center site and at 7 World Trade Center. Applications have been approved for the entire 750,000 square foot allocation for 7 World Trade Center and the 750,000 square foot allocation for the World Trade Center. If an additional allocation becomes available, new applications will be considered.

Program Highlights
WTC RR provides a $5.00 per square foot reduction of rent payments for commercial office leases at the World Trade Center.

Lease Criteria

• Located at the World Trade Center
  
• Commercial office tenants only
  
• Represents a portion of the first 750,000 square feet of space leased
  
• Minimum lease term of 5 years
  
• Commences after December 15, 2005 and before December 31, 2016

Contact Information
For additional information, please contact the Program Administrator at (212) 803-3133.

Additional Resources
Program Guidelines