by Lionel Bascom — February 9th, 2007 — 1 comment
A European insurance company is saying now it may not be able to pay the Port Authority of New York and New Jersey money owed for the World Trade Center disaster.
Royal & SunAlliance USA may not be able to pony up the $250 million claim owed to the PA and Freedom Tower developer Larry Silverstein. The amount of money is when stacked against the multi-billion cost to rebuild the World Trade Center. Nevertheless, the New York Post says the $250 million may slow down construction further and may result in the scaling back of the Freedom Tower
11:57 PM in Uncategorized, The Construction, World Trade Center, Ground Zero, Freedom Tower News, Politics
Money, money, money…The longer it takes to reach completion, the more intriguing this enterprise will be. Yes, there are time constraints, but those limitations enable the designers necessary moments to consider the hallowed purpose of this building. As far as ’scaling back’ of the Freedom Tower, perhaps this will also work in its favor, for there will be a creative focus on the essential, rather than the frivolous.
I do hope the height still adds up to 1776 feet.
Jeanne · February 10th, 2007 at 8:12 am