Economy prompts developers to reconsider ground zero office space

04/15/2009 | NYTimes.com · New York Observer, The

The downfall of the financial industry in New York should spur developers to rethink plans to build millions of square feet of office space at ground zero, some experts say. Already several companies are shrinking their presence in downtown Manhattan. The economic recession has prompted developer Larry A. Silverstein and the Port Authority of New York and New Jersey to restart negotiations covering when and how three large office towers planned for ground zero will be built.

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NYTimes.com · New York Observer, The

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