Urban Functionality and Corporate Location Decisions After September 11, 2001-- Benefiting from the New York City Experience
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Sofia V Dermisi
The September 11, 2001 (9/11) terrorist attacks in New York were a shocking act of terrorism on U.S. soil adding security as one, among many, influencing factor of urban functionality and future corporate location decision-making. This paper initially examines the relocation preferences of former World Trade Center complex tenants with more than 20,000 square feet, using New York’s attacks as the only major case of terrorism towards non-government U.S. office buildings. The paper further identifies the specific areas of the urban fabric impacted by terrorism along with the preparedness and prevention measures taken. In addition, the rising concerns of businesses in determining the safest, but highly profitable location, is outlined as well as some of the measures taken to fortify the selected locations. In an effort to highlight the possible threats towards office properties and the issues owners and tenants should be concerned, a table of threats is generated with their outcomes and occurrences around the world. Finally, the experience gained from this study allows the development of a theoretical cost benefit analysis for a site selection within Central Business District versus the suburbs, when security is viewed as the key factor of location.
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Articles in the same Issue
- Research Article
- Institutional Resilience and Disaster Planning for New Hazards: Insights from Hospitals
- Infrastructure Robustness for Multiscale Critical Missions
- Urban Functionality and Corporate Location Decisions After September 11, 2001-- Benefiting from the New York City Experience
- A Roadmap for Quantifying the Efficacy of Risk Management of Information Security and Interdependent SCADA Systems
- Book Review
- At Risk: Natural Hazards, People's Vulnerability, and Disasters
- Dealing With Terrorism - Stick or Carrot?
- The Risks of Terrorism
- A Review of Introduction to Homeland Security
- Extreme Emergencies: Humanitarian Assistance to Civilian Populations following Chemical, Biological, Radiological, Nuclear and Explosive Incidents -- A Sourcebook
- Related Research Article
- Related Research in Other Publications
- Communication/News
- Logic Models in Support of Homeland Security Strategy Development
- News Note on the ISCRAM2005 Conference
