Port Authority moves to sell WTC tower

01/4/2010 | NYTimes.com · Crain's New York Business

The Port Authority of New York and New Jersey is looking for investors in the former Freedom Tower under construction at the site of the World Trade Center. A group of commercial real estate developers has been approached to bid for a partnership interest in the $3.2 billion tower, now called by its original name, 1 World Trade Center. Meanwhile, the Port Authority remains locked in a funding dispute with Larry Silverstein over his plans to build three office towers on the site.

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NYTimes.com · Crain's New York Business

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