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Plan Offered to Finance Trade Center

Jul. 9, 2009
The Port Authority, trying to break an impasse, offered up to $1.2 billion in financing, but only if the developer, Larry Silverstein, first raised $625 million.
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Hotel in the future of World Trade Center?

NEW YORK, May 12 (UPI) -- The Port Authority of New York and New Jersey plans to replace one of the office towers at the World Trade Center with a luxury hotel, the New York Post said.
World Trade Center reconstruction to begin

World Trade Center reconstruction to begin

NEW YORK, March 13 (UPI) -- Work on two out of three World Trade Center towers at Ground Zero in New York is set to start this week, site developer Larry Silverstein said.

Ground Zero project behind schedule

NEW YORK, Jan. 13 (UPI) -- The Port Authority of New York and New Jersey is racking up costly penalties for missing a deadline to complete preparations at the World Trade Center site.

World Trade Center deal reached

NEW YORK, Sept. 22 (UPI) -- The Port Authority of New York and New Jersey and the developer of the World Trade Center have reached an agreement on rebuilding the iconic site.

First WTC building comes back to life

NEW YORK, May 24 (UPI) -- The first structure erected near where New York's World Trade Center towers stood before being destroyed on Sept. 11, 2001, is a 52-story office building. At the gala opening Tuesday of 7 World Trade Center, developer Larry Silverstein called it a "reflec

Money dispute halts Ground Zero talks

NEW YORK, March 15 (UPI) -- Talks between the New York Port Authority and a developer to rebuild Ground Zero have broken down acrimoniously over financing, reports said Wednesday.

Pols push developer on ground zero

NEW YORK, Feb. 5 (UPI) -- The stage has been set for a showdown at ground zero as politicians push to get moving on the rebuilding of Lower Manhattan.

$1.3B paid out -- so far -- for 9-11

NEW YORK, Feb. 25 (UPI) -- Here's the first bill for whatever structure finally rises up from Ground Zero at New York City's old World Trade Center site: $1.33 billion.

Developer may want to move WTC tower

NEW YORK, June 29 (UPI) -- World Trade Center developer Larry Silverstein wants to move the 1,776-foot Freedom Tower to a different corner of the site at Ground Zero.
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler