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  #861  
Old Posted Jun 19, 2009, 1:25 PM
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In general, the Authority got legislative approval for each of the projects it undertook that expanded on its core transportation and mobility mission. This includes the legislation authorizing the World Trade Center.

Redevelopment of the World Trade Center has not been approved by new legislation. In 1962, the Port Authority was granted permission to build the World Trade Center as a way of creating a central location for all of the participants in trade at the port, but that is not what materialized and the buildings turned into standard, if very tall, office towers. In retrospect, the basis on which the Port Authority got permission to build what it wanted was never fulfilled, leading to some doubt as to whether redevelopment of the Trade Center site is encompassed within that original legislation.

It is clear that the Port Authority has the right to rebuild the PATH terminal at the World Trade Center, as the legislature has given the Port Authority dominion over PATH, and authorized the development of facilities for PATH to improve its service, a purpose that is as valid today as ever. Nowhere in the authorizing legislation, however, is the Port Authority given authority to pay for the growth of private development at the World Trade Center or elsewhere.
All nonsense. Everyone knows that the reason the PA decided to lease the WTC to a private developer in the first place was because the agency at the time wanted to move out of the real estate end of things. But the agency decided to hold on the the WTC, even when it was suggested by the mayor that a land swap with one of the airports (the city owns the airports, the PA just operates them), the agency balked at that as well. But it is a government development regardless. Furthermore, the agency still has tower 5 and the PA Bus Terminal tower to get off of its hands.
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  #862  
Old Posted Jun 19, 2009, 1:56 PM
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This article sums up the current state of things...
http://www.thisislondon.co.uk/lifest...tre/article.do

What a site: trouble at the World Trade Centre



Rowan Moore, ES Magazine
19.06.09

America can be good at monuments. The Lincoln Memorial, with its 36 Doric columns and the few words of the Gettysburg Address, makes a dignified tribute to the Civil War president, became a natural setting for future momentous events, most famously Martin Luther King's 'I Have a Dream' speech.

The Vietnam Veterans Memorial, with its reflective wall of 60,000 names of the dead, created a sensitive way for people to deal with loss. The two, both in Washington DC, are utterly different, yet both memorable and successful.

Sadly, the wisdom of these two works has not rubbed off on the rebuilding of the World Trade Center site in New York. There, more than seven years after the Twin Towers were destroyed, the public and private bodies involved in the site are still wrangling over fundamental aspects of the reconstruction. Two of the mighty towers planned for the site are in danger of being shrunk to a mere 5 storeys. The astoundingly expensive National September 11 Memorial & Museum has had its projected completion put back so that it is now due to be finished, just in time for the tenth anniversary of 9/11, in 2011.

The Freedom Tower, the emblem of the rebuilding, is now rising towards its symbolically significant height of 1,776 feet (to recall the year of independence), and it is due for completion in 2014, but it has lost its resonant name. It was recently announced that it would be called One World Trade Center for marketing reasons. 'We will ensure that the building is presented in the best possible way,' said the chairman of the Port Authority, which is building it, evidently believing that commercial tenants would rather not rent space in a symbol. The news has provoked outrage: 'Freedom is out of fashion at Ground Zero,' said the New York Post.

The reconstruction of Ground Zero,in other words,once intended as a defiant riposte to terrorists, as a demonstration of the invincible might of American freedom, has turned into something else. It is now a demonstration of the baroque manoeuvres in which New York specialises when it comes to large-scale construction schemes. It shows what can happen when political, commercial and architectural egos tangle.



There have always been two aspects to the rebuilding of Ground Zero. On one hand it is a site of global significance,which demands a physical statement to match the shocking events that took place there. On the other hand it is a large piece of real estate in a part of Manhattan, Downtown, that has struggled to attract businesses as successfully as other parts of the island. The slow decline of the area was long-standing - the Twin Towers were themselves conceived in the 1960s in order to revitalise it.

This dual nature was reflected in the main aspects of the brief for the rebuilding, and in the personalities and players involved. The 11 million sq ft of office space lost on 9/11 were to be put back, together with hugely improved public transport to help them work better, but there would also be a fitting memorial. It was a project in which mayors and governors and press could, should and would get involved, but also one in which a private property developer, Larry Silverstein, would assert his need to make a commercial return on his property.

The Brooklyn-born Silverstein, now aged 78, had built his fortune in part by buying out-of-favour New York landmarks, including office buildings on Wall Street and Fifth Avenue, a pattern to which the World Trade Center would have conformed. He bought the lease on the complex in July 2001, seven weeks before the terrorist attacks made what might have been a relatively straightforward commercial transaction into a spot-lit role on the stage of history. The attacks also made him a partner of the Port Authority of New York & New Jersey, the freeholder of the site, in the reconstruction. The cantankerous relations of these uneasy bedfellows, their peevish snatching of bits of metaphorical duvet from each other, has characterised the project since, and is still going on.

Soon after the attacks, hundreds of ideas for rebuilding came forward, many mad, a few inspired and none with a chance of being realised. Meanwhile, the unsung practice of Beyer Blinder Belle was commissioned to produce a master plan for the site, which was revealed in 2002. An uninspiring array of dim blocks, it was widely condemned, then dropped, and a competition announced for ideas for the site. The fees on offer to competing practices were modest in comparison to the work expected of them, a sign, perhaps, of how seriously they would be taken. But many big names entered, including our own Lord Foster, the leading American architects Richard Meier and Steven Holl, and the Japanese Shigeru Ban.

There was one requirement, significant and barely questioned, which was that skyscrapers should be put back on the site. This was despite the fact this was not an area in which there was a compelling commercial case for building very tall towers. The old Twin Towers had not commanded the highest rents, and it had been a struggle to fill them. This requirement also glossed over the obvious and still-unanswered question: would anyone want to work in towers that would clearly be on the top of al Qaeda's hit-list? Would you? Could you sit at your desk and not flinch each time you saw a plane?

There might have been a case for a more subtle response. To have created a new district of New York, perhaps, with the rich, humane and diverse intricacy of people and activities at which that city excels, a piece of urban civilisation to answer the crude brutalities of the terrorists. But in 2002, with George W Bush high in the polls and the country still feeling a huge sense of national hurt, there was little chance of subtlety. The mood, which also brought the invasion of Iraq, was for a demonstration of might. George Pataki, governor of New York until 2006, would call the tower idea 'a symbol of our freedom and independence'.

The competition was run by the Lower Manhattan Development Corporation, the public agency charged with regenerating the area. The winner was Daniel Libeskind, the son of Polish-Jewish holocaust survivors who made his name as an academic and theorist before realising, as his first ever building project, the acclaimed Jewish Museum in Berlin. He pushed the right buttons. He appeared on Oprah, spoke of his arrival in Manhattan as a young migrant, and wore cowboy boots.

Although plainly of a liberalintellectual-Democrat bent, he happily adopted Bush's use of language in the wake of 9/11: 'freedom' to mean 'America' and 'heroes' to mean 'victims'.

Libeskind proposed a spiralling arrangement of towers ascending to the pointed, offcentre pinnacle of the Freedom Tower, whose profile would echo that of the Statue of Liberty. He assigned it the height of 1,776 feet, to recall the year of the Declaration of Independence. Unfortunately, however, his was a victory as symbolic as his design. Silverstein's contract with the Port Authority entitled him to employ whichever architect he wanted, and he wanted someone with a stronger record in commercial buildings than Libeskind.



Silverstein wanted the giant multinational practice of Skidmore, Owings & Merrill (SOM), and its partner David Childs. Born in 1941, Childs had produced a series of competent office buildings, including Westferry Circus at Canary Wharf and airport buildings in Toronto and Tel Aviv.

For a while the owlish, suited Childs and the black-clad Libeskind worked together, but it was clear who was calling the shots. The two started feuding, and then called in lawyers. When the smoke cleared, Childs was in possession of the battlefield. Libeskind later claimed that: 'There was never disappointment. What I learned is that you have to work with everybody and come to a compromise. Even if you don't want to work with those people, even if you think they are subverting your vision. There are always struggles to build a piece of a city.' But the fact is that Childs developed a plan that contained only the merest nods to Libeskind's ideas, such as the 1,776-foot height and the location of the Freedom Tower. The spiral became a more rigid line-up of four towers, in ascending height order, without the dynamic sweep of Libeskind's plan.

The Freedom Tower became a symmetrical monolith, of the kind that SOM has been turning out for 50 years, without the off-centre twist. Childs said that 'the pure simplicity of this building will be seen as the proper symbol for the memorial', but it was less Lady Liberty, more an investment banker in a suit.

The Tower, its design modified after objections from the police about its vulnerability to terrorism, had elaborate safety precautions. It would have extra-wide escape stairs and a hefty concrete base to protect against truck bombs, sheathed in shatterproof glass. It would be set back from the street, also to protect against truck bombs. The effect, argued critics, was to create a 'Fear Tower'. 'It speaks less of resilience and tolerance than of paranoia,' wrote the architecture critic of The New York Times. 'It's a building armoured against an outside world that we no longer trust.'

The three further towers were then designed by the British architects Lords Foster and Rogers, and the Japanese architect Fumihiko Maki. All three are winners of architecture's most prestigious award, the Pritzker Prize. Rogers, 75, and Foster, 74, are the most famous British architects of their or most generations, while the more reticent and professorial Maki, 80, is highly respected.

The relative heights of all four towers reflected the relative status of the architects designing them, as seen from Manhattan: SOM, the local practice, being the tallest and most important; followed by Foster; then Rogers; then Maki. Each has its stylistic tics, and refers not at all to its neighbour.

The towers, if they are all built, will stand over a tree-covered space containing the National September 11 Memorial & Museum, designed by Michael Arad, son of an Israeli diplomat who, as a previously unknown architect, beat 5,200 others in the 2004 competition for the project. Arad, now 40, proposed pools of water set 30 feet deep in the square outlines of the sites where the twin towers once stood, with water cascading down their sides.

This project has also attracted controversy. Early price estimates put it at an astounding $1 billion, including its associated museum, while some victims' relatives objected to its being below ground. Galleries that would have carried the names of the dead were taken out, as a cost-saving measure. The budget was reduced to $510 million, but according to some reports is now heading upwards again. London's 7/7 memorial, an array of 52 stainless steel pillars (each representing one of the victims killed) by the young practice of Carmody Groarke, by contrast, will open next month in Hyde Park, four years after the bombings, and at roughly one 500th of the cost.



On another part of the site, nestling between the Foster and Rogers towers, would be the extravagant, porcupineshaped roof of the new $3.2 billion transport interchange which, it is hoped, will raise the desirability of the area. The roof is designed by Santiago Calatrava, the Zurich-based architect/engineer who is often brought in to introduce glamour to public projects, such as the Olympic stadium in Athens, and the astounding winged roof of the Milwaukee Art Museum.

Under these plans the World Trade Center site will become a collection of glittering objects - four towers, the memorial, the interchange - that bear little relationship to each other. The plan reflects the increasingly unfashionable idea that the way to get good architecture is simply to hire good architects. Here, some of the biggest names in the world are each allowed to do their own thing.

Foster is crystalline, Calatrava spiky, Rogers filigree, SOM sleek. It is a Babel of egos, whose incoherence reflects the weak and divided leadership of the site. And even achieving this plan now looks doubtful. The estate agents Cushman & Wakefield, commissioned by the Port Authority, recently predicted that One World Trade Center would not be fully occupied until 2019, and the Rogers tower not until the very distant date of 2037. From the perspective of a commercial developer, this is as good as saying never.

The $3 billion One World Trade Center is going up only because the Port Authority, a public body, is paying for it. There is little sign of enthusiasm from businesses for occupying it, and it is likely that hapless employees of governmental institutions will be shuffled into this glittering ninepin, to avoid the embarrassment of it being empty. The Foster and Rogers towers, which Foster had hailed as 'the renaissance of the New York skyline', face the sane but humiliating decision to reduce them to stubs. They will resemble the miniature Stonehenge produced when Spinal Tap's set designers confused inches with feet.

Rogers and Foster do not now comment on the subject, referring inquiries to Silverstein Properties. The latter still want the Rogers and Foster towers built, but they lack the will and/or means to pay for it themselves. They want the Port Authority to 'backstop' the financing, which would mean the Authority would carry some of the risk if Cushman & Wakefield's gloomy predictions turn out to be correct. They are upbeat about the desirability of the area, and say that 'New York will bounce back strongly over the next five years while we are building these buildings... Nobody at Silverstein is ever going to give up on New York'. They cite the fact that a neighbouring building is 85 per cent let three years after its completion. This is not wholly compelling evidence for their case.

For its part, the Port Authority, which is already investing billions in the transport interchange and the main tower, is reluctant to pump more into the site. This month and last, Mayor Bloomberg has invited Silverstein and the Port Authority into Gracie Mansion, his official residence, in an attempt to bang their heads together and make some progress. 'We want to create a roadmap that would create progress at the site,' said Bloomberg, but no news has yet emerged as to how he is doing.

In the end the current state of Ground Zero is a classic example of what happens when symbolic aspirations and commercial practicalities collide, and when political grandstanding gets in the way of common sense. It will not be all bad - Arad's memorial will eventually provide a fitting place for remembrance, and the transport interchange will be an asset for Lower Manhattan - but the botched development around them will be a poor return for the hope and huge sums, perhaps $12 billion in all, invested in it.
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  #863  
Old Posted Jun 20, 2009, 2:10 PM
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Well, for anyone who wonders why some people believe the less government, the better... take a look at the sorry history of this site.

It seems to me that the obvious thing to do, first off, is ditch the flashy Calatrava terminal... surely a talented architect can design one that is attractive AND doesn't cost multibillion dollars.

The next step is, nudge the PA out of the WTC site altogether. Screw the little bureaucratic moles. Declare the entire site a national monument, and make its redevelopment a centerpiece of the so-called "economic stimulus," under federal financing. And for God's Sake: stop interfering with Silverstein's willingness to redevelop as soon as possible.
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  #864  
Old Posted Jun 20, 2009, 11:28 PM
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Originally Posted by CoolCzech View Post
It seems to me that the obvious thing to do, first off, is ditch the flashy Calatrava terminal... surely a talented architect can design one that is attractive AND doesn't cost multibillion dollars.
The only reason no one questioned the costs of this thing in the first place is because it was seen as a "grand" gesture, something to complement the office towers being built. Now imagine if someone had proposed that terminal without the towers, basically the centerpiece of a mall.

Quote:
The next step is, nudge the PA out of the WTC site altogether.
That's been tried before. Somehow, I doubt the PA will ever truly be out of the WTC.
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  #865  
Old Posted Jun 22, 2009, 8:27 PM
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http://www.wtc.com/news/use-moynihan...-wtc-sez-mayor

Use Moynihan Station funds for WTC, sez Mayor

By Doug Feiden
June 19, 2009
New York Daily News

Mayor Bloomberg floated a new plan yesterday to break the deadlock at Ground Zero - take millions of dollars away from Moynihan Station.

Three hours later, Sen. Chuck Schumer threw cold water on the mayor's idea, saying, "I would be totally opposed to robbing Peter to pay Paul."

It was the first time the long-stalled plan to replace gloomy Penn Station with a handsome new transit hub had figured in the ferocious debate over the World Trade Center site.

"We can't have a big hole in the ground," Bloomberg said on his radio show. "Maybe we can get Congress to help and reallocate some of the funds for projects that probably aren't going to get done in the short term, like...Moynihan Station."

Aides said the mayor was referring to a $2 billion pot of unused tax credits that Congress had put aside after 9/11, but never appropriated, for unspecified transportation projects in New York.


A big chunk of those funds was expected to help pay for the $3 billion transportation mecca in the landmark Farley Post Office, which will be named for the late senator Daniel Patrick Moynihan.

Bloomberg made his comments during a broadside against the Port Authority, which he blames for five weeks of failed talks with developer Larry Silverstein over financing for three mega-office towers along Church St.

Tapping Moynihan money would be a "tough lift," the mayor acknowledged, but worth attempting to break the impasse over the 16-acre site.

Not so fast, New York's senior senator warned: The federal funds "should not be used as the basis for any compromise at Ground Zero."

Schumer added, "As for Moynihan Station, it's closer than the mayor thinks, and I would be totally opposed to robbing Peter to pay Paul regarding the future of Moynihan Station."
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  #866  
Old Posted Jun 22, 2009, 11:07 PM
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Originally Posted by NYguy View Post

Use Moynihan Station funds for WTC, sez Mayor
What a classy publication.
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  #867  
Old Posted Jun 22, 2009, 11:30 PM
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What a classy publication.
That's from the Daily News, but that's what I like about the New York papers - they cut through all the pretense.
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  #868  
Old Posted Jun 23, 2009, 1:02 AM
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That's from the Daily News, but that's what I like about the New York papers - they cut through all the pretense.
Sez you, I think it's garbage.

In any case, I don't think it would be a bad idea to send Moynihan funds to the WTC. The Moynihan project is even more hopelessly deadlocked than the WTC, but the physical progress is absolutely zero. Moynihan can wait; Penn, as horrible as it is, is still viable. The WTC cannot be postponed as millions of dollars will be lost if the pedestal 'let's build some then call it done and build more later' idea happens as the logistical compromises that that plan calls for are enormous. Besides, when the economy rebounds there will be a serious interest in reviving Moynihan, which is a much simpler fix than the WTC at the end of the day.
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  #869  
Old Posted Jun 23, 2009, 11:38 AM
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Sez you, I think it's garbage.

In any case, I don't think it would be a bad idea to send Moynihan funds to the WTC. The Moynihan project is even more hopelessly deadlocked than the WTC, but the physical progress is absolutely zero.
The Moynihan money will sit for years while exactly what form the new station will take is debated. Meanwhile, the $4 billion PATH station - which serves barely a fraction of Penn Station's commuters, will be built. Priorities are screwed up somewhere. But whatever can help get these towers and this site built once and for all I'm for. It's time for Downtown to be made whole again.
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  #870  
Old Posted Jun 23, 2009, 11:44 AM
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http://www.nytimes.com/2009/06/23/ny...1&ref=nyregion

Once at Odds, Bloomberg and Silver Pressure Port Authority on the Trade Center


The status of construction last month at ground zero, where progress toward commercial redevelopment has been slow.


By CHARLES V. BAGLI
June 22, 2009


Although the negotiations over the World Trade Center site have gone nowhere, the deadlock has produced something of note: a startling alliance between Mayor Michael R. Bloomberg and Assembly Speaker Sheldon Silver.

The former adversaries came together last week to rebuke the Port Authority of New York and New Jersey for its refusal to guarantee billions of dollars in financing for two office towers that the developer Larry A. Silverstein is to build at the trade center site.

A joint statement united the developer’s most persistent critic, Mayor Bloomberg, and Mr. Silverstein’s most consistent champion, Mr. Silver. Until recently, any significant cooperation between the two would have seemed unlikely; Mr. Silver, after all, handed Mr. Bloomberg the biggest political defeats of his mayoralty: scuttling a proposed football stadium on the West Side of Manhattan in 2005 and blocking the mayor’s congestion pricing plan in 2008.

But Mr. Bloomberg has found ways to work with the speaker, now the most powerful politician in Albany. At the city’s request, Mr. Silver got state money budgeted for Governors Island this spring; more recently, the Assembly approved the mayor’s plan to raise the city’s sales tax.

And the mayor publicly thanked Mr. Silver for his central role in the Assembly’s passage of a bill on Wednesday concerning what is perhaps the mayor’s most cherished issue: retaining mayoral control of city schools.

The recent cooperation has some analysts questioning whether the mayor’s change of heart had more to do with political prudence than real estate.

“This may well be a payback for Silver’s support in Albany for continuing mayoral control of the schools,” said Bruce F. Berg, a political science professor at Fordham University. “I think he’s also eager, given the upcoming election, to get something going in Lower Manhattan.”

But Mr. Silver, whose district includes Lower Manhattan, said that although he and the mayor were now “on the same page” regarding the trade center, the notion of a quid pro quo was “absurd.”

Stu Loeser, the mayor’s chief spokesman, said that Mr. Bloomberg’s turnabout was based on a thorough analysis of the financial numbers and a “deep concern about delays.”

“The mayor and the speaker share the view that it’s in nobody’s interest — not the country’s, not the city’s, not the port’s and not Mr. Silverstein’s — to have progress grind to a halt at the World Trade Center site,” Mr. Loeser said.

No matter the motivation, the mayor’s position has certainly evolved rapidly. In 2006, Mr. Bloomberg called for Mr. Silverstein’s ouster, saying, “We need to push aside individual financial interests and focus on what’s best for our city.”

As recently as March, the mayor framed the reasons for the impasse and seemed to sympathize with the Port Authority, saying: “What Larry did is take out all his equity at the beginning, so he really doesn’t have a lot of skin in the game. He had an enormous amount of upside potential, which doesn’t leave the Port Authority with a lot of negotiating ability, because they’re the ones who have to put up the money.”

But now, Mr. Bloomberg wants the authority to guarantee most of the financing for Mr. Silverstein’s two towers, which are expected to cost $4.2 billion.

“I will say Larry Silverstein, while not turning over the keys to his family’s net worth, has come up and has made a lot of progress,” the mayor told reporters last week.

Certainly, many of the city’s civic groups, some developers, Port Authority officials and, to an extent, the governors of New York and New Jersey disagree with the mayor’s new approach. Until now, no one ever conceived of the authority financing the office buildings at ground zero.

Under a 2006 development deal, Mr. Silverstein had agreed to build three towers at an estimated cost of $7 billion with insurance money, tax-exempt bonds and private financing. Unable to secure anchor tenants or financing, Mr. Silverstein in recent months asked the Port Authority to guarantee what the authority said was $3.2 billion in financing for the first two buildings, leaving the third tower to be built further in the future.

The authority reluctantly agreed to provide up to $1.2 billion for the first tower, which Mr. Silverstein is now building. But it balked at doing more, saying it would jeopardize the authority’s capital projects at a time when revenue from tolls and airports is plunging.

“We will continue to do all that we can at the trade center,” said Christopher O. Ward, the authority’s executive director, “but you must recognize that this project could come at the expense of critical public projects such as La Guardia, expanding Stewart Airport, the Bayonne Bridge or a bus garage for the midtown bus terminal.”

Instead of building two of the towers now, Mr. Ward suggested completing the foundations and low-scale structures for retailers, which at some point in the future could serve as structural podiums for high-rise towers above, much like those at the Hearst Magazine Building on Eighth Avenue.

Two weeks ago, the Westfield Group, the Australian shopping mall operator, offered to invest as much as $1.3 billion to build a retail complex similar to Mr. Ward’s proposal.

But even before Westfield’s offer, Mr. Silverstein and city officials had rejected the concept as impractical, although they had endorsed the very same notion in 2004.


There is progress on the 16-acre site. The Port Authority, which owns the land, is building a $3.2 billion transit center, underground portions of the Sept. 11 memorial and its own $3 billion skyscraper. Mr. Silverstein, who has collected more than $150 million in development fees, is rapidly erecting the first of his three office towers.

Mayor Bloomberg, Mr. Silver and Mr. Silverstein contend that it is critically important to build the towers at ground zero as quickly as possible. By the time the towers are completed, they say, the economy will have rebounded. They argue that the Port Authority has exaggerated the value of its $1.2 billion offer to Mr. Silverstein and overestimated the risks to its capital budget. They concede, however, that some authority projects would have to be delayed to finance the towers.

But some developers question the push to build that much office space so quickly when vacancy rates are climbing and tenants are scarce. At what may be better sites on Eighth Avenue in Midtown, the developers Mortimer B. Zuckerman and Stephen M. Ross recently canceled their plans to build two new office towers.

“The port’s money is supposed to be used for transportation, not speculative office buildings,” said the developer Douglas Durst. “It doesn’t make any sense to me to force the authority to do what the private developers won’t do.”
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  #871  
Old Posted Jun 23, 2009, 6:46 PM
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Developer Douglas Durst is an asshole to say that the Port Authority's money is supposed to be used for transportation but yet they own the World Trade Cnter site where Towers are supposed to be built. So what does Durst expect from the Port to just build the Transit Hub and leave everything else to Silverstein. Well they are building Tower 1 but Silverstein cannot obtain the financing for his 3 Towers. The Port should just lend the money and in time he will pay them back when the Banks recover. Ground Zero cannot remain empty just because Ward is concerned with projects like LaGuardia Airport or a Bus Garage for the Midtown Bus Terminal. No one needs that shit. The Downtown Skyline will be the most attractive in the world one everything is up and ready. It will be even better than the Twin Towers because it was just Two Towers. I was a big admirer of the Twin Towers and I know the new complex will continue what the original did and it will do better.
     
     
  #872  
Old Posted Jun 23, 2009, 6:59 PM
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Originally Posted by NewYorker2009 View Post
Developer Douglas Durst is an asshole to say that the Port Authority's money is supposed to be used for transportation but yet they own the World Trade Cnter site where Towers are supposed to be built. So what does Durst expect from the Port to just build the Transit Hub and leave everything else to Silverstein. Well they are building Tower 1 but Silverstein cannot obtain the financing for his 3 Towers. The Port should just lend the money and in time he will pay them back when the Banks recover. Ground Zero cannot remain empty just because Ward is concerned with projects like LaGuardia Airport or a Bus Garage for the Midtown Bus Terminal. No one needs that shit. The Downtown Skyline will be the most attractive in the world one everything is up and ready. It will be even better than the Twin Towers because it was just Two Towers. I was a big admirer of the Twin Towers and I know the new complex will continue what the original did and it will do better.
Very well put!!! Nobody could have summed it up better than you!
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  #873  
Old Posted Jun 23, 2009, 10:52 PM
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Originally Posted by NewYorker2009 View Post
Developer Douglas Durst is an asshole to say that the Port Authority's money is supposed to be used for transportation but yet they own the World Trade Cnter site where Towers are supposed to be built. So what does Durst expect from the Port to just build the Transit Hub and leave everything else to Silverstein. Well they are building Tower 1 but Silverstein cannot obtain the financing for his 3 Towers. The Port should just lend the money and in time he will pay them back when the Banks recover. Ground Zero cannot remain empty just because Ward is concerned with projects like LaGuardia Airport or a Bus Garage for the Midtown Bus Terminal. No one needs that shit.
Keep in mind that this is the same guy that used the liberty bonds that were intended for use Downtown on his brand new Bank of America Tower - on 42nd Street. The same site where he used the government's eminent domain to secure connection of the plots. His father was against the original WTC construction - even going so far as to take out ads against it's construction (which Douglas Durst repeated a couple of years ago).
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  #874  
Old Posted Jun 24, 2009, 2:42 PM
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Originally Posted by NYguy View Post
Keep in mind that this is the same guy that used the liberty bonds that were intended for use Downtown on his brand new Bank of America Tower - on 42nd Street. The same site where he used the government's eminent domain to secure connection of the plots. His father was against the original WTC construction - even going so far as to take out ads against it's construction (which Douglas Durst repeated a couple of years ago).
Yes Douglas Durst is the guy who developed and funded the Bank Of America Tower and owns 4 Times Square so why should he care what the Port Authority does, it isn't affecting him. Well there is always going to be that certain someone to oppose this major project. Seriously I wouldn't mind the Hudson Rail Yards project being delayed more than it already is but the World Trade Center has to be rebuilt with no more delays even though we have plenty of delays. I have a feeling this problem will continue for the rest of the year on who will finance what. Why doesn't Bloomberg give some of his billions to assist Silverstein since he claims to care so much. Then again I am asking for too much here because Bloomberg would have to get something out of it for his own benefit not just the city so that wouldn't work.
     
     
  #875  
Old Posted Jun 24, 2009, 6:57 PM
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he cares because the wtc towers will compete with his own. asking any competing developer about another project is just asking for negative criticism.
     
     
  #876  
Old Posted Jun 24, 2009, 8:25 PM
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Why doesn't Bloomberg give some of his billions to assist Silverstein since he claims to care so much.
That's risky business in terms of image. Last thing Bloomberg wants to do is develop a bad image in the eyes of New York developers. I'm sure if there was a way around it he would contribute some of his private funds, but it's not as easy as writing a check and calling it case closed.
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  #877  
Old Posted Jun 25, 2009, 12:36 AM
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It just kills me that I've been coming to this site for 6 years now to learn what the rebuild of the WTC will look like... and I still don't know for sure.

Let's hope the combined political pull of Bloomberg and Silver gets this thing done, once and for all.
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  #878  
Old Posted Jun 25, 2009, 3:45 PM
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It just kills me that I've been coming to this site for 6 years now to learn what the rebuild of the WTC will look like... and I still don't know for sure.
Consider that the Freedom Tower is rising above ground, and we still don't know what the spire will look like (now that it's changed). At least with towers 2 and 3 we have a general idea, it's more of a time thing - what gets built and when that we're unsure of. It's a complicated thing, because even if the office space for tower 3 is delayed further, they're still going to have to build up to a few floors. Tower 2 will get the full go ahead before 3 it seems, and 4 is ready to burst above pavement.
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  #879  
Old Posted Jun 29, 2009, 9:52 PM
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Eventually, they'll have to resume construction on site...

Krosh




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  #880  
Old Posted Jun 30, 2009, 1:32 AM
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on hold?
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