Developer of 9/11 Site Seeks Aid
By ALEX FRANGOS
NEW YORK -- The rebuilding of the World Trade Center site, already hobbled by years of delays and infighting, is facing fresh problems as private developer Larry Silverstein asks the government for crucial financial assistance, according to people familiar with the matter.
The result would be that the Port Authority of New York and New Jersey, the government entity that owns the site, would take on more of the risk of the project at a time when the agency already faces budget restraints to pursue its core transportation and infrastructure missions.
The Port Authority, eager to prevent the project from stalling, is considering helping to finance at least one of Mr. Silverstein's planned three office towers, according to people familiar with the matter. Mr. Silverstein is requesting financing help on at least two of the three towers. The Port Authority would require concessions from Mr. Silverstein, including possibly giving up some of upside profits should the towers succeed in the long term.
SOURCE: WALL STREET JOURNAL
CAN YOU BELIEVE THIS F#$KERRRR! HE WANTS MORE MONEY!!! WHY DOESN'T HE USE SOME OF THAT INSURANCE MONEY HE GOT FROM THE BUILDINGS.
FIRST LINE OF DEFENSE FOR YOUR MIND
