by Lionel Bascom — February 13th, 2007 — 1 comment
Private investments are being sought by the Port of Authority of New York and New Jersey in the Freedom Tower, according to Commercial Property News.
News sources says the agency plans to sell the right to develop one of the office buildings at the redevelopment project at the World Trade Center. In a report, the News said the agency is seeking private funding and hedge funds. The news is predicting there will be no shortage of interested investors.
“People are recognizing that long-term Class A office space is a very scarce commodity, and demand has been rising,” said Eric Deutsch, president of the Alliance for Downtown New York. “Ultimately, at its core, (Freedom Tower) is a Class A, modern office building that could be built-to-suit, or could be built for multiple tenants,” Deutsch told CPN today, “and it could be incredibly valuable for both investors and users.”
12:50 AM in Uncategorized, World Trade Center, Ground Zero, Related Stories, Freedom Tower News
Now these are the positive attitudes that reap results of the like to breathe life into this project.
Nevertheless…
I hope that through these talks of more money, those involved will also maintain the original intentions of this construction: to illustrate to the world that the memory of these beautiful lives lost so horrifically will always remain with us. This enterprise needs to showcase an enlightenment in human consciousness…for the victims’ silenced voices.
Jeanne · February 13th, 2007 at 7:45 am