Word: toweritis
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...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...
...biggest remaining question mark hanging over ground zero is the fate of its controversial centerpiece. The plan for the Freedom Tower has always been more emotional response than 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...
...struggle for control over the Freedom Tower, which would reclaim the title of tallest building in New York City, has compounded the delays at ground zero. Silverstein repeatedly clashed with Libeskind, eventually bringing in his own architect, David Childs, who reached a messy compromise with Libeskind over the design. The relatives of the victims don't speak as one: some want development; other don't. They are 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...
...Port Authority has won that battle. But to fill the Freedom Tower's 2.6 million sq. ft. of office space, Pataki and his allies at the Port Authority may again rely on government tenants to fill the floors. In the old World Trade Center, the Port Authority occupied 13 full floors--and lost 47 civilian employees, including its chief, Neil Levin, in the attacks. But adding government space could make potential tenants even more skittish about a recurrence...
...final year in office, New York will get a new Governor--with ultimate authority over the site--next January. Expect the future of ground zero to be re-examined yet again. [This article contains a complex diagram. Please see hardcopy of magazine.] Grand Vision The planned office towers and memorial at the World Trade Center site are finally moving forward. But who will fill the buildings? 7 WORLD TRADE CENTER Not part of the WTC master plan, and the only structure already rebuilt. The developer calls it "the safest building in America," but it has attracted just three tenants...