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Port Authority shocker: Trade Center making progress
Report due Thursday to conclude Silverstein can finish on schedule.
October 1, 2008
The Port Authority of New York & New Jersey is slated to announce Thursday that it will meet all its obligations to lay the groundwork that will allow Larry Silverstein to complete the three towers he is developing at World Trade Center site by 2012 as scheduled, sources say.
Thursday’s report, these say sources, will be nowhere near as bleak as imagined last June.
One source attributes the new, more optimistic view of progress at Ground Zero to design and engineering changes made in recent weeks. Currently, the Port Authority's Freedom Tower, like Mr. Silverstein’s buildings, are due to be finished by 2012.