Report: Costs, scope, limited leadership hold up progress at WTC site

09/16/2008 | Bloomberg Businessweek

Rising construction costs, lack of leadership and the enormous scope of the redevelopment plan are some of the reasons slowing rebuilding at the World Trade Center site, according to a report by the Port Authority of New York and New Jersey, the site's owner. Port Authority Executive Director Christopher Ward recommended that stakeholders in the project work together to set realistic time lines for the project by the end of this month. The report cited 15 fundamental issues holding up progress.

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