Tuesday, October 27, 2009

World Trade Center gets more expensive

From the Daily News:

Taxpayers will have to cough up another $20 million for Ground Zero because of the brutal battle raging between the Port Authority and developer Larry Silverstein.

The agency's board voted on Thursday to pay 14 different consultants to plan and design new blueprints for the World Trade Center site that would scrap two of the builder's iconic towers.

Known as "Plan B," the redesign was ordered two months ago by Gov. Paterson as a way to ensure that public projects on the 16-acre site would still rise if Silverstein withdraws or is booted from downtown.

The seemingly intractable mess between the developer and the PA over what gets built when and who pays for it is now being reviewed by an independent panel that is expected to act later this year.

3 comments:

Kurt said...

I read the article and wondered: Why doesn't the term "eminent domain" ever pop up when I read about WTC problems with Silverstein?

Then I remembered he's a billionaire developer, not a mere mortal like the rest of us.

Sam said...

its a disgrace that this place is still just a hole in the ground 8 years later. All of the money spent on man hours for the construction is flushed down the toilet because there is nothing to show for it.

Anonymous said...

What do expect from Silverstein the way he's ran business and his properties.
People should be held accountable for having built nothing on the site.