by Lionel Bascom — December 15th, 2006 — 1 comment
The owner of the World Trade Center property at Ground Zero is having financial problems. The Port of Authority of New York and New Jersey has been under tremendous financial pressure since the September 11, 2001 terrorist attacks that destroyed the World Trade Center complex. The collapse of the Twin Towers hurled the agency into the building business as the owner of the 16 acre World Trade Center site. It is also responsible for rebuilding the site, including the Freedom Tower, but has had well known difficulties finding tenants, including state and city workers and PA employees.
The solution might involve the PA raising bridge and tunnel fees. New Yorkers and New Jersey residents will bare the brunt of that decision — again.
12:10 AM in Uncategorized, The Construction, World Trade Center, Ground Zero, The Attack, Terrorist Threat, Freedom Tower News
Raising bridge and tunnel fees will not pay this bill. for the cost of building this functional monument will continue to escalate. What the Port Authority needs is a trustworthy financier. There must be at least a couple generous souls in the New York City area, sparked by the hope of seeing the successful construction of the world’s symbol for creative perseverence. Torpor cannot prevail here.
Jeanne · December 15th, 2006 at 12:43 am