Word: porting
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...competition, eventually won by Daniel Libeskind, who designed a complex, including a museum, a memorial, a performing-arts center, a transportation hub and five office towers, with what is now known as the Freedom Tower as the tallest. Bloomberg tried a bureaucratic end run, offering to swap with the Port Authority control of the city's airports for ground zero, in hopes of then removing Silverstein as developer. That effort failed, but it didn't stop Bloomberg from repeatedly calling for Silverstein to cede control. "We need this now to advance our economy and pay tribute to those who died...
...April truce between Silverstein and the Port Authority resolves most of those turf issues. Silverstein gets to unload the Freedom Tower, widely seen as a white elephant and a money loser. Pataki can claim that construction is moving forward, in time for his expected presidential bid. Bloomberg, who has long pushed for adding residential space, will probably get that with Tower 5. There are yet some issues on the table, but the agreement was enough to clear the way for construction on the Freedom Tower to begin April...
...master plan--10 million sq. ft. of office space and 600,000 sq. ft. of retail--has allowed emotion to rule over pragmatism. "The market itself doesn't have a need for this much space," says Richard Leone, president of the Century Foundation and a former chairman of the Port Authority. "[This plan] is about making beautiful buildings...
...business proposition, born out of a desire to show the world that Americans would not be cowed by terrorists. "We have a public responsibility to rebuild ground zero, and it's incumbent on us to build a tower of freedom and democracy," says Charles Gargano, vice chairman for the Port Authority. "We need a signature building. It's not just a real estate project...
...more concerned about the memorial itself, which has become a separate battle. Last summer, just as construction was to begin, the blueprints had to be reworked because of safety concerns raised by the police. Sources close to Silverstein say the redesign set the project back two years. The Port Authority's push for more control over the site delayed construction even further...