Building Trades

Port Authority to Silverstein: Build 3 WTC with Your $$$

May 29, 2014Port Authority commishes says Larry Silverstein will have to raise more equity to build 3 WTC.
By Marc Bussanich

New York, NY—Port Authority board commissioners agreed on Wednesday to forego $1.2 billion of its own money to rebuild 3 World Trade Center and instead would craft a “hybrid” arrangement with the developer, Larry Silverstein, to rebuild the last remaining tower at the site. Port Authority commissioner, Kenneth Lipper, said the arrangement was the type of solution he had sought from the beginning. WATCH VIDEO INTERVIEW WITH MR. LIPPER


May 28, 2014

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.