NEW YORK CITY-A proposed sale of $1.3 billion worth bond to fund construction of the 4 World Trade Center is facing a new hurdle from a group of institutional investors. The investors raised concerns about the structure of the deal. If the issues are not solved, it could stop construction of the 72-floor tower at ground zero level.
Larry Silverstein is the developer of the 4 World Trade Center, which is scheduled for completion by 2013 end. For the full story, go to Wall Street Journal.
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