by Lionel Bascom — April 12th, 2007 — 1 comment
Speculators predicting the cost of the Freedom Tower will rise proportionately as the 1,776 foot skyscraper goes up are not exacctly rocket scientists or news men.
Businessweek.com is reporting that “observers are expressing doubts over the project’s total price tag, which seems poised to rise at a faster rate than the building itself.”
The Port Authority is saying the cost of construction so far fall “within planned-for contingencies common to projects of this scale,” a roughly 4 percent margin. The building’s total price tag is currently set at $2.88 billion. But many observers believe that the final number will rise far higher.”
The story is really a little silly, quoting a real estate expert and attorney who says the initial bids and cost estimates were low balled so the contractors bidding could win the job. He said ”initial bid numbers were virtually meaningless—unless construction companies agree to sign fixed-cost contracts, which seems unlikely. The problem, he explains, is that contractors often lowball their estimates to win projects and then file change orders and add other fees to make up the difference later.”
So, where’s the news?
9:39 PM in Uncategorized, The Construction, World Trade Center, Related Stories, Freedom Tower News
The news is in the fact that some people don’t understand the process of building a symbol of grief and honor. It’s about time that citizens of the world began to slow down their fast-paced lives to just think, let those neurons sputter away on idle once in a while.
Each life has its limitations, nothing new about that, but for some reason, the human mind has been neglected. So people begin to spend their spare time conjuring up ideas that have nothing to do with reality, ideas such as how much the cost of rebuilding ground zero should be.
It should be the amount of money necessary to appropriately express how strongly this country feels about the grief associated with losing 3,000 friends in one hour on 9/11/01 in New York City. And it will be worth every cent.
Jeanne · April 12th, 2007 at 11:10 pm