Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

WTC DEVELOPER SPAT COULD DELAY GROUND ZERO AGAIN
NEW YORK POST ^ | May 20, 2009

Posted on 05/20/2009 2:45:59 PM PDT by george76

The most serious impasse in years between the owner of ground zero and the developer building office towers on half of the site is headed for government intervention.

Larry Silverstein and the Port Authority of New York and New Jersey started talks about seven months ago to rewrite Silverstein's lease to build three of five office towers to replace the destroyed World Trade Center.

Silverstein, unable to find private financing for all the towers in a poor real estate market, wants the port to back at least two of them.

Top politicians from two states are meeting Thursday at Mayor Michael Bloomberg's mansion to try to pressure both sides into an agreement and avoid yet more delays in the site's tortuous rebuilding history.

The departure of commercial tenants in downtown Manhattan -- at a time when 10 million square feet of office space is planned at the site -- is the key to any question about timing and financing at the site

On Tuesday several civic groups wrote Bloomberg and the governors of New York and New Jersey, saying the agency would be better off using its money on transit in the region than on a "speculative office building on the World Trade Center site."

Bloomberg last week suggested that the agency would have difficulty negotiating with Silverstein, who "doesn't have any skin in the game" because the towers are backed with bonds and Sept. 11 insurance money.

"We'll have a few ideas to throw out -- nothing magical about our ideas -- but anything we can do to get them going," the mayor said. "It's in the interest of this city and this country to get development going at the World Trade Center site."

(Excerpt) Read more at nypost.com ...


TOPICS: News/Current Events; US: New Jersey; US: New York; War on Terror
KEYWORDS: 911; bloomberg; groundzero; worldtradecenter; wtc

1 posted on 05/20/2009 2:45:59 PM PDT by george76
[ Post Reply | Private Reply | View Replies]

To: george76

yeah, wouldn’t want the guys who develop buildings to rebuild. that would be too much like capitalism. there should be risk, but the city has consistently made silly demands. this is such a mess.


2 posted on 05/20/2009 2:57:55 PM PDT by thefactor (yes, as a matter of fact, i DID only read the excerpt)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Are try going to put in a sprinkler system this time?


3 posted on 05/20/2009 3:00:23 PM PDT by tired1 (When the Devil eats you there's only one way out.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Since when is a legitimate insurance settlement for catastrophic loss not “skin in the game?” Bloomberg is an asshole.


4 posted on 05/20/2009 3:07:02 PM PDT by Gaffer
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Entire continents have formed faster than this building being built.

It is a national embarrassment.


5 posted on 05/20/2009 3:10:17 PM PDT by freedumb2003 (Communism comes to America: 1/20/2009. Keep your powder dry, folks. Sic semper tyrannis)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

All of this should have been settled 5 years ago. I no longer support ANY type of building other than leaving two holes in the ground and a plague.


6 posted on 05/20/2009 3:11:21 PM PDT by Dallas59 ("You know the one with the big ears? He might be yours, but he ain't my president.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76

Perhaps this not being built is a good thing. I would prefer to keep the site without buildings, and make those spotlights they light up to replace the towers permanent. Make a nice green space, a memorial wall with the names of the people who died that day. PLaces to sit and reflect.

It’s not like NYC needs more real estate that will be left largely unoccupied.


7 posted on 05/20/2009 3:13:51 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: george76
What has caused the glacial pace at the WTC is every hack in NYC and NY State wants to have their grubby little finger prints on it.

Recall the original tower design and the troll that designed it, ugly as a mud fence and imposable, literally, to build, it has not gotten better, Bloomberg is one of the worst offenders...pompous windbag.

8 posted on 05/20/2009 3:20:37 PM PDT by Rumplemeyer
[ Post Reply | Private Reply | To 1 | View Replies]

To: freedumb2003
Entire continents have formed faster than this building being built. It is a national embarrassment.

Totally agree with you.

9 posted on 05/20/2009 3:26:04 PM PDT by Right_in_Virginia
[ Post Reply | Private Reply | To 5 | View Replies]

To: tired1

What good is that going to do if the towers are hit again? Wash the blood & debris off from the victims?


10 posted on 05/20/2009 3:59:00 PM PDT by Extremely Extreme Extremist ("President Obama, your agenda is not new, it's not change, and it's not hope" - Rush Limbaugh 02/28)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Dallas59

Amen to that.


11 posted on 05/20/2009 4:01:35 PM PDT by mcshot (The line has been drawn in the sand: It's good vs evil.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: tired1
Are try going to put in a sprinkler system this time?

Why would they need that, it's not as if fire could melt steel. /s

12 posted on 05/20/2009 4:02:53 PM PDT by dfwgator (1996 2006 2008 - Good Things Come in Threes)
[ Post Reply | Private Reply | To 3 | View Replies]

To: george76

I’m certain that the sons of bitches who planned and executed the destruction of the World Trade Center might only have wished that their cowardly actions would eventually reveal a sickness at the heart of the nation at which they struck. We ought not oblige them. The site ought to be made a tax-free development zone with space reserved for a prayer site, garden and chapel. I’m not holding my breath.


13 posted on 05/20/2009 4:17:17 PM PDT by andy58-in-nh (You have enemies? Good. That means you've stood up for something, sometime in your life.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Dallas59
"All of this should have been settled 5 years ago. I no longer support ANY type of building other than leaving two holes in the ground and a plague"

We already have a plague,it's the present administration...
14 posted on 05/20/2009 4:22:10 PM PDT by razbinn (I pledge allegiance to the flag of the United States of America,and to the republic for which it ...)
[ Post Reply | Private Reply | To 6 | View Replies]

To: razbinn

A samll sttayou...


15 posted on 05/20/2009 6:12:39 PM PDT by Dallas59 ("You know the one with the big ears? He might be yours, but he ain't my president.")
[ Post Reply | Private Reply | To 14 | View Replies]

To: freedumb2003
The Empire State Building was built in just over 13 months. How we have fallen! As to those who talk of the towers getting knocked down, I say this:

One on top of each tower ought to do it. Yeah. That's the ticket.

16 posted on 05/20/2009 6:39:20 PM PDT by JewishRighter
[ Post Reply | Private Reply | To 5 | View Replies]

To: JewishRighter

I have always thought that the WTC replacement(s) should have First Strike capabilities.


17 posted on 05/20/2009 6:52:29 PM PDT by freedumb2003 (Communism comes to America: 1/20/2009. Keep your powder dry, folks. Sic semper tyrannis)
[ Post Reply | Private Reply | To 16 | View Replies]

To: george76

bttt


18 posted on 07/24/2009 1:32:35 AM PDT by MinorityRepublican
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson