with us now is alex wash and larry silverstein.l us where we are in that process and people moving downtown >> it is been an inspiration to watch and a miracle that only in new york could have happened the transformation have been totaled. what we see today is a downtown that's worthy of any place in the world. it is a downtown with character that mixes with living and shopping and working in a way downtown before 9/11 did not have we are so much stronger down here today >> everyone larry moved downtown to oversees the buildings going up what about residential and 3,000 residential units being built in new york city, feels like there is a lot of supply going up but what about the demand? >> i think it is more than 3,000 jer residential units under construction currently it is harder for the people who just finishing their apartment houses the competitio because of the number of newly-built units that are available in the rental market in manhattan today, but with time, those units will get absorbed, and about a year and a half, two

larry silverstein won the rights to be the landlord of the site. over, i want your help. my role was kind of acting as the organiser, leader, putting the team together, dealing with architects, engineers, clients, contractors. one of the most important things that we wanted to do was to repair the hole in the sky, the tear in the sky. what do i mean by that? new york city is known for its skyscrapers. it's known for the empire state building. the chrysler building. and it was known for the twin towers. the trade center. and that was gone. and people realised that lower manhattan looked differently without it. the original design of the trade center was a square — 200 feet by 200 feet in plan — and that's the footprint of the new design. the original trade center rose to a height of 1,363 feet above grade. and that's the height of the design of one world trade center at the parapet, at the glass and metal parapet. as the project was completed, and even today, the response has been overwhelmingly positive. i think that we've really done a fantasticjo

i'll speak with the legendary developer larry silverstein. we'll talk about the new 2 million square foot complex, the state of new york real estate, and a lot more >> plus, they're responsible for one in every three ad s globally and apple's developers conference kicking off at 1:00 p.m. eastern we have the latest breaking news, instant reaction to the stock and more that and more ahead on "power lunch," but first, "halftime repo back ghafr isrit te alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. need a change of scenery? the kayak price forecast tool tells you whether to wait or book your flight now. so you can be confident you're getting the best p. giddyup! kayak. search one and done. ♪ the kenya tea development agency is an organization that is owned by tea farmers. every week we sell this tea, we get paid in multiple accounts. we were lookin

we'll talk to the developer behind all of those buildings, larry silverstein.jor milestone, david, in the building of lower manhatt manhattan. >> it's taken some time. >> paused around the housing crisis of 2008 but they are going up and have big tenants, who we will talk to as well. it's an amazing transformation of lower manhattan there's some concerns as well. that's coming up on "power lunch. >>> when we come back, satya nadella joins "squawk alley. that's up next with the dow up 127. you're gonna do great! thanks, dad! break a leg! aflac?! not that kind of break. oooh! that had to hurt. aflac?! not that kind of hurt. yeah, aflac paid us cash in just one day to help with our car payments and mortgage. aflac! perfect timing! see how aflac helps cover everyday expenses at aflac.com. this endangered species is getting help from some unexpected friends. these zebra and antelope. they're wearing iot sensors, connected to the ibm cloud. when poachers enter the area, the animals run for it. which alerts rangers, who can track their motions and help stop them befor