Silverstein Properties, Inc. (SPI) is a privately-held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by President and CEO Larry Silverstein, SPI has developed, owned, and managed more than 35 million square feet of office, residential, hotel, and retail properties in the United States. For the past few years, SPI has been named one of the "Best Places to Work in New York City" by Crain's New York Business.
Currently, the firm has $10 billion of development underway: Four Seasons Resort at Walt Disney World, Four Seasons Downtown New York Hotel and Private Luxury Residences and World Trade Center Towers 2, 3 and 4 in New York. In addition, SPI is focused on joint ventures for development and acquisitions in Europe, Asia and the Middle East.
The company is known for developing first-class projects, re-positioning older buildings, and providing first-rate services that enhance value for investors and quality of life for tenants. SPI's properties are thriving, highly regarded places that sustain their appeal and profitability over time. As a result, current occupancy levels are well above industry benchmarks for the firm's commercial and residential portfolio, which includes 9 million square feet of office, residential and retail properties in Midtown and Downtown Manhattan.