NEW YORK CITY-The Wall Street Journal is reporting this morning that Boston Properties is backing away from previous plans to go after management of an investment in One World Trade Center.
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
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.
