The Freedom Tower

It may have a patriotic name – The Freedom Tower – but if the most talked about building project in America is going to go up as planned, it will be built because the money to build it is available.
Over the last five years, it has been an up and down battle over whether the insurance companies who insured the Twin Towers will pay up. There has been an on-again, off-again problem with corporate and bureaucratic tenants occupying the tower. The recurring problem of finding new remains at the building site have all contributed to the questionable occupancy of this building any time soon.
So far, the Freedom Tower has been the center of all kinds of controversy, including questions over whether it will be able to attract tenants. So far, that’s a big if even while the money changers are debating the issue. There are no private tenants who have signed up in significant numbers to fill the 1,776 foot building. There’s lots of speculation that concerns the attractiveness of any lower Manhattan real estate. But there don’t seem to be any lines forming at Ground Zero to occupy the Freedom Tower.
But today, this teaser was put up on the Wall Street Journal’s website:
“The Freedom Tower at Ground Zero in Manhattan still isn’t much to look at — a handful of beams rising from the pit roughly to ground level. But this week has brought the welcome news that private-equity funds and other investors are asking if its owner might be willing to sell the building that is supposed to replace the fallen Twin Towers …”
Stay tuned. This could change everything.