National September 11 Memorial & Museum no relation The building
History
The hotel was first known as the Vista International Hotel, but also became known as World Trade Center 3 (WTC 3 or 3 WTC), the World Trade Center Hotel, the Vista Hotel and the Marriott Hotel. The building was designed by Skidmore, Owings & Merrill with construction beginning in March 1979. The hotel opened on April 1, 1981, with 100 of 825 rooms available, and it was completed in July 1981. Shortly before the opening day of the Marriott, a fire broke out on the 7th floor. The Vista International was the first major hotel to open in Lower Manhattan south of Canal Street since 1836.Kuo Hotel Corporation, based in Hong Kong, bought the hotel's leasehold in 1982 from Edward W. Ross and Jerrold Wexler. In 1989, the Port Authority of New York and New Jersey bought the leasehold from Kuo for $78 million but the operating rights remained in the hands of Hilton International as management agent. On November 9, 1995, it was sold to Host Marriott Corporation for $141.5 million. This was one year after the reopening due to an extensive renovation following the 1993 World Trade Center bombing. The new company started operations in January 1996.In 2002, Host Marriott Corporation was offered an opportunity to rebuild the hotel in the same location within the World Trade Center site as its lease which was signed until 2094 had not expired. Marriott declined the offer, and in October 2003, the Port Authority of New York and New Jersey voted on an agreement under which the Host Marriott Corporation would "surrender the premises" resulting in termination of the lease and thus giving the land to the National September 11 Memorial & Museum.
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