The MIT Dept of Urban Studies and Planning, City Design and Development group, is pleased to feature Lynne Sagalyn to speak about her new book, Power at Ground Zero, on February 14 as part of the Spring 2017 CDD Forum.
Lunch will be served. Books will be available for purchase. Books are also available for advance purchase here.
About Power at Ground Zero:
The destruction of the World Trade Center complex on 9/11 set in motion a chain of events that fundamentally transformed both the United States and the wider world. War has raged in the Middle East for a decade and a half, and Americans have become accustomed to surveillance, enhanced security, and periodic terrorist attacks. But the symbolic locus of the post-9/11 world has always been "Ground Zero"--the sixteen acres in Manhattan's financial district where the twin towers collapsed. While idealism dominated in the initial rebuilding phase, interest-group trench warfare soon ensued. Myriad battles involving all of the interests with a stake in that space-real estate interests, victims' families, politicians, the Port Authority of New York and New Jersey, the federal government, community groups, architectural firms, and a panoply of ambitious entrepreneurs grasping for pieces of the pie-raged for over a decade, and nearly fifteen years later there are still loose ends that need resolution.
In Power at Ground Zero, Lynne Sagalyn offers the definitive account of one of the greatest reconstruction projects in modern world history. Sagalyn is America's most eminent scholar of major urban reconstruction projects, and this is the culmination of over a decade of research. Both epic in scope and granular in detail, this is at base a classic New York story. Sagalyn has an extraordinary command over all of the actors and moving parts involved in the drama: the long parade of New York and New Jersey governors involved in the project, Mayor Michael Bloomberg, various Port Authority leaders, the ubiquitous real estate magnate Larry Silverstein, and architectural superstars like Santiago Calatrava and Daniel Libeskind. As she shows, political competition at the local, state, regional, and federal level along with vast sums of money drove every aspect of the planning process. But the reconstruction project was always about more than complex real estate deals and jockeying among local politicians.
The symbolism of the reconstruction extended far beyond New York and was freighted with the twin tasks of symbolizing American resilience and projecting American power. As a result, every aspect was contested. As Sagalyn points out, while modern city building is often dismissed as cold-hearted and detached from meaning, the opposite was true at Ground Zero. Virtually every action was infused with symbolic significance and needed to be debated. The emotional dimension of 9/11 made this large-scale rebuilding effort unique; it supercharged the complexity of the rebuilding process with both sanctity and a truly unique politics. Covering all of this and more, Power at Ground Zero is sure to stand as the most important book ever written on the aftermath of arguably the most significant isolated event in the post-Cold War era.
About Lynne B. Sagalyn:
Lynne B. Sagalyn is the Earle W. Kazis and Benjamin Schore Director of the MBA Real Estate Program at the Columbia University Graduate School of Business.
An expert in real estate development and finance, Sagalyn has published extensively on a broad range of issues in the fields of urban development finance, public/private partnerships, and real estate finance. In addition, she has developed scores of cases for graduate-level teaching of real estate finance and investment strategy and been an innovator in curriculum for real estate study. Her earlier books on city building included Times Square Roulette: Remaking the City Icon (MIT Press, 2001), and, Downtown Inc.: How America Rebuilds Cities, co-authored (MIT Press, 1989).
Professor Sagalyn’s activities outside academia are diverse. She has been a litigation expert, a consultant to both private firms and public agencies and a member of the New York City [Board of Education] Chancellor’s Commission on the Capital Plan. She has done extensive executive teaching, particularly for Tishman Speyer Properties and the Urban Land Institute. In the corporate world, she serves as Vice-Chair of UDR (NYSE: UDR) and as a director and chair of the audit committee of Blackstone Mortgage Trust (NYSE: BXMT). In the not-for-profit realm, she is a member of the board of directors of the Regional Plan Association (RPA) and co-chairs its New York Committee, and serves on the board of the Skyscraper Museum, and the audit and compliance committee of Planned Parenthood New York City.
In addition to her more than twenty years at Columbia Business School, Sagalyn has held appointments at the University of Pennsylvania in both the School of Design (City Planning Department) and the Wharton School (Real Estate Department), and at MIT DUSP, where she taught courses in public policy and real estate finance as part of the school’s pioneering degree program in real estate development.
Professor Sagalyn received her Ph.D. from MIT, a Master of City and Regional Planning from Rutgers University, and a B.S. with distinction from Cornell University.