A World Center of Trade Mapped Off Wall Street

January 27, 1960 ·

A World Trade Center that may cost $250,000,000 was proposed yesterday for thirteen and a half acres along the East River, adjoining New York’s downtown financial district.

As outlined by its originator, the Downtown-Lower Manhattan Association, Inc., the plan calls for a combination office and hotel structure of fifty to seventy stories, a six-story international trade mart and exhibition hall, and a central securities exchange building in which it is hoped the New York Stock Exchange will be a tenant.

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