by Lionel Bascom — July 23rd, 2008 — 1 comment
The Port Authority of New York and New Jersey will consider selling a small lot near Ground Zero, reports Newsday, the Long Island newspaper reports.
Leaders of a church destroyed on Sept. 11 have surrendered land needed to rebuild the World Trade Center site in a $20 million deal with the government.
The congregation at St. Nicholas Greek Orthodox Church will use the cash to build a new church a few blocks away from where it stood in lower Manhattan. The church’s 1,200-square-foot lot was listed in a report last month as one of more than a dozen obstacles slowing long-stalled rebuilding at ground zero.
The Port Authority of New York and New Jersey owns ground zero, and its leadership has agreed to the $20 million price. The agency expects $10 million to come from JPMorgan Chase & Co., which has a tentative deal to build one of five office towers planned at the site.
The Port Authority’s board is to consider approving the sale at its Thursday meeting.
10:54 PM in Uncategorized, World Trade Center, Ground Zero, Related Stories, Freedom Tower News, Neighbourhood
This deal will begin a process which will move the construction project forward in a timely manner. Hopefully, this also means that those involved with renting space are considering the metaphysical aspects that now govern this area. Well, one can only hope.
Jeanne · July 23rd, 2008 at 11:06 pm