Print
Email
Share

Port Authority, developer continue WTC talks

Associated Press

Posted on March 12, 2010 at 6:30 PM

NEW YORK (AP) — Both sides negotiating a new completion plan for the World Trade Center site say they're continuing to talk despite a deadline.

Developer Larry Silverstein and the Port Authority of New York and New Jersey said in a statement Friday that they are continuing to negotiate.

Both sides say they've given an update to the arbitration panel that set Friday's deadline.

They say that after "substantial discussions," they "have made progress toward resolving the issues surrounding the eastern portion of the World Trade Center site."

The building of planned towers at that part of the site has stalled in a dispute over financing. Silverstein wants more public money to build the towers, but the authority says it's better to delay construction on two of the towers until the real estate market improves.

Print
Email
Share

Forgot Password?

Don't have an account?

Register Now

Member Benefits

Link your account to your Twitter or Facebook account for easier login!

Link your account to your Facebook profile Link your account to your Twitter profile

Check box to receive Free Special Offers

* - Indicates required field

Check box to receive Free Special Offers

Connecting to

You may need to allow pop up window for this step of registration

Just one more step:

Please take a moment to review the available e-mail newsletters has to offer. Place a checkbox next to the newsletters you wish to subscribe to.

Welcome.

Thank you for becoming a member of fox11az.com. You now have full access to the best local coverage and late breaking news from fox11az.com. Soon you will be redirected to the page you were seeking, and a confirmation email will be delivered to you.

You will need to respond to the confirmation e-mail for your account to be activated.

fox11az.com is dedicated to bringing you exceptional news and outstanding information services, all while personalizing it to your liking. We're sure you'll enjoy being a fox11az.com member! If you need assistance, please contact us.