New Ink
by Lionel Bascom — September 22nd, 2006 — 1 comment
Freedom Tower builder Larry Silverstein can breathe a little easier now. The Port Authority has inked a deal it agreed to more than five months ago to take control of the Tower project. This makes Silverstein the hired hand who will build the Tower, not the owner of the thing anymore. Under the agreement, the PA will own the Tower and Tower Five. One of the key provisions in the agreement concerns a daily fine of $300,000 per day for every day the Tower construction is late going up. The PA will pay the fine and the money goes to Silverstein. What a deal. What a country.
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Port Authority ownership of the Freedom Tower provides clear inspiration for its builder, Larry Silverstein. This monument is an icon of the breath of hope that our world can progress with peaceful cooperation, yet the deal that relies on time management of the builder only establishes a co-dependent relationship.
Is governmental bureaucracy the only sure occupant that will reside in this grand symbol of independence and perseverance?
I hear gasping from the lack of intestinal fortitude.
Jeanne · September 23rd, 2006 at 1:02 am