Mayor Michael R. Bloomberg’s effort to break the impasse over the development of office towers on the 16-acre ground zero site limped along Monday, with the Port Authority of New York and New Jersey and the developer Larry A. Silverstein still at odds. Officials from New York and New Jersey, as well as the developer [...]
The Fulton Street Transit Center will be five years late and will cost nearly double its original budget, but now the project finally has a deadline that MTA officials Wednesday insisted they can keep. Work on the $1.4 billion project, which promises to smooth transfers between nine subway lines and provide a new connection to [...]
With a glut of commercial office space and the financial industry in meltdown, the Port Authority is actively looking to develop World Trade Center Tower 5 as a luxury hotel and residential building, The Post has learned. A hotel and residential tower would rise at the current site of the Deutsche Bank building and would [...]
The cost of the Sept. 11 memorial and museum at Ground Zero is expected to soar past $1 billion, the Daily News has learned. That’s a hefty 65% increase over the $610 million price tag that planners have repeatedly cited for the last two years. Budget-busting delays on other interrelated projects at the 16-acre site [...]
An NYPD proposal to strictly control access to the World Trade Center once it’s rebuilt has come under fire from Assembly Speak Sheldon Silver, who warned against what he called overzealous security plans that could create “another war zone.” Sheldon Silver, who represents lower Manhattan, said the security proposal by the Police Department runs counter [...]
A breakthrough $60 million deal that could jump start the reconstruction of Ground Zero will be unveiled Thursday. The Port Authority has agreed to swap land with St. Nicholas Greek Orthodox Church, giving the agency a key parcel it needs to begin the long-delayed excavation for a security screening center. It was a rare bit [...]
A judge has rejected an effort by some families of terrorism victims who wanted to reclaim World Trade Center residue and create a cemetery on Staten Island for it. U.S. District Judge Alvin Hellerstein said Monday that not every wrong can be addressed through the courts. “The grave harm suffered by the plaintiffs in this [...]
