Bloomberg said a budgetary dispute between the city and the Port Authority of New York and New Jersey has delayed the museum project, which was scheduled to be completed in time for the 11th anniversary of the 2001 terror attacks that brought down the World Trade Center, CNN reported.
"There's no chance of it being open on time. Work has basically stopped," Bloomberg was quoted as saying Thursday. "We have a legitimate claim against the port authority for delays for roughly $140 million, which has increased our cost."
The National September 11 Memorial & Museum Foundation announced Thursday that more than a million people have visited the memorial plaza at the site since it opened in September.