
February 1, 2007 Edition -
Section:
Real Estate
The Man Building Downtown
Real Estate

BY LIZ PEEK
February 1, 2007
Just as many New Yorkers
have lost patience, and possibly interest, construction
at ground zero has begun in earnest. After all the
wrangling and posturing, and the heartbreaking efforts
to console the inconsolable, Lower Manhattan is deep
into its transformation.
Fifty-nine public and
private construction projects are under way downtown, at
a collective estimated cost of $24 billion. Office
buildings, the World Trade Center Memorial,
transportation hubs, parks, schools, apartment
complexes, and retail centers are all part of the plan.
Five years from now, much of this work will be complete
— if all goes well.
Those innocent-sounding
words will doubtless be keeping Charles Maikish up at
night for the foreseeable future. Mr. Maikish is the
executive director of the Lower Manhattan Construction
Command Center, appointed to the post about two years
ago by Governor Pataki and Mayor Bloomberg.
It is the job of the
command center, and of Mr. Maikish, to coordinate the
construction operations downtown — to facilitate the
work, minimize the impact of the various projects on the
daily lives of those who live and work in the area, and
communicate to those concerned just what is going on.
This is old terrain to
Mr. Maikish, both literally and figuratively. "I started
out as a young field engineer in 1968 working at the
World Trade Center site," he said. "The center was built
between 1966 and 1974. It took eight years — people
forget it took a long time, too."
In many ways, the
original construction was a walk in the park compared to
the obstacles the builders face today. "The setting was
very different," Mr. Maikish said. "In 1968, I was at
the bottom of the totem pole and had to work Saturdays.
In those days, there was nowhere to get lunch in Lower
Manhattan on a Saturday. There were less than 1,000
people living south of Canal and west of Broadway; now
there are more than 40,000. We could build in double
work shifts back then because no one was around and no
one cared about the noise or the dust. We've seen a huge
transformation."
Mr. Maikish has been
involved in downtown Manhattan for 37 years, working
primarily for the Port Authority of New York and New
Jersey, where he played a role in restoring ferry
service to Lower Manhattan, and then restoring the World
Trade Center itself in 1990. Eventually he moved to
JPMorgan Chase, where he managed the bank's internal
real estate activities and security services.
In 1990, the World Trade
Center was becoming outdated, so upon his arrival Mr.
Maikish and others undertook to rejuvenate the complex.
After the 1993 bombings at the center, the Port
Authority board appointed Mr. Maikish to oversee the
repair of the center.
It was an eerie harbinger
of events to come, and also an important moment in his
career. "Why did I get involved in the rebuilding
of the World Trade Center?" he asked. "I believe firmly
that the best response to an act of terrorism is
recovery, reconstruction, and restoration. I lost four
of my staff in 1993 — it became personal.
"The 1993 bombs at the
Trade Center went off on the 26th of February. On March
19, we moved back in, 3 1/2 weeks later. We quickly
reanimated the center; we underwrote retail; we had free
trips to the observation deck; PATH was free. We worked
to remove the visible scars. We weren't geniuses in
this; we consulted with experts in the field. The
Israelis told us that repopulating is the best way to
recover from a terrorist act, to bring life back as soon
as possible.
"The problem with 9/11 is
that we can't erase the visible scars like we did in
1993. After the first bombings, it wasn't too long
before the trade center was bright and shiny again. We
can't do that this time." Mr. Maikish explained
why rebuilding ground zero has taken so long. "The
layman's response today is, ‘Why can't we get this
rebuilt?' The complexity of the job, and the
constituency that needed to be heard if you wanted to do
the job right, is enormous. It needed to be constructed
to be something different, not reconstructed.
"When I got down here, I
realized this is a very complex situation. "Could
it have happened faster? Maybe. Finally, the governor
made a decision to go forward with the Freedom Tower,
and the mayor and the governor came to a decision about
the memorial. On restoring the retail, and the staging
and sequencing of the work, the mayor got involved. It's
a result of the executive leadership of the mayor and
the governor that if you go down there now, you see that
every inch of that site is under construction. As the
governor said, we've gone from to concept to concrete.
"Don't forget that the
WTC site is 16 acres. There was a plan adopted for all
of Lower Manhattan, including the South Ferry project,
the transit center, the reconstruction of all the
roadways, and so on. When you look at all the projects
that will be accomplished over the next five years, it
is huge." Mr. Maikish's function sunsets in 2010.
Certainly construction on the plan will not be finished.
What can we expect?
"People judge success on
seeing the physical edifice, the edifice complex. In
five years, the Freedom Tower will be have been topped
out, the memorial will be open, though the museum
probably won't be finished. The transit center and the
West Side Highway will be finished. The lion's share of
the master plan will have been done," he said. "The good
news is there's construction all over. The bad news is
there's construction all over."
Mr. Maikish and his team
of 10 professionals are in charge of coordinating these
myriad projects, which will ultimately include 14
million square feet of office space and about 6,000
rental apartments. The overall plan also incorporates
substantial infrastructure issues such as efforts to
resolve both foot and automobile congestion downtown,
and to improve the communications infrastructure.
Now, of course, is when
Mr. Maikish's job gets much tougher. His department must
oversee the construction engineering and traffic
management, as well as an enforcement task force that
coordinates agencies within the city to monitor
compliance with the permits, air quality guidelines, and
delivery schedules.
He oversees all this activity from a particularly
appropriate vantage point, as he became a full-time
downtime resident in 1998. In the past several years, he
said, he has seen a sizable influx of young families.
New schools are being built, and parks, catering to the
growing residential community.
"The success of
residential has been beyond anybody's expectations," he
said. Is the Wall Street area still a terrorist
target? "People are concerned about that," he said. "But
the worst defeat that we can suffer is for the
terrorists to change the way we live. The technology
exists to provide a safe and secure environment. The use
of intelligence and security devices, such as cameras —
we need to do all this, but not in an intrusive way. The
public needs to know that our government, along with the
corporate world, is doing this. Goldman Sachs is opening
a building right across from the Freedom Tower. They are
not stupid. They wouldn't be doing that without
assurances about security.
"There's $22 to $25
billion of investment being made. It's going to create a
quality environment that you're going to want to be part
of," he said.

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