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Old Posted Aug 21, 2009, 5:45 PM
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Quote:
Originally Posted by BStyles View Post
If SOME PEOPLE are willing to wait a few months and Silverstein gets back his money, then this thread will be very interesting.
It's already interesting to the people who bother to read it.

Quote:
Part of that argument is that the Port Authority has been dragging out its delivery of the sites for those towers, leading to $300,000 daily payments to the developer, an offset on his rent for not having the parcels ready more than a year ago.
Those payments weren't meant as an offset of the rent, but rather a penalty the PA was forced to pay Silverstein for delays. The PA wouldn't be able to use that argument, though it is the base of Silverstein's.
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