Boston Props Pulls Away From 1 WTC

NEW YORK CITY-The REIT won't manage or put money into the new Downtown skyscraper, according to a report from the Wall Street Journal.

By John Salustri | May 26, 2010 at 05:25 AM

Wall Street Journal

Remaining in consideration are the Durst Organization and the Related Cos., the report says, adding that The Port Authority of New York and New Jersey is expecting to make a decision on a partner next month.

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John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.

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