NEW YORK CITY—As Port Authority of New York and NewJersey commissioners are scheduled to debate a financingdeal for the 3 World Trade Center projecttoday, New York State Assembly SpeakerSheldon Silver has lobbied key officials on bothsides of the Hudson River to approve the controversial measure.
Speaker Silver sent letters to Port Authority Executive DirectorPat Foye as well as New York Gov. AndrewCuomo and New Jersey Gov. Chris Christie,urging the financing plan for the office tower, according toCrain's New York Business.
"We are writing to urge the Port Authority to approve thefinancing agreement that will allow the construction of 3 WorldTrade Center to continue," Silver wrote. "This would be a historicachievement that would bring us one step closer to fulfilling ourshared goal to rebuild the heart of the downtown business district,which was destroyed on 9/11."
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
