Port, Silverstein at Odds Over Last Two Towers; Bloomberg to the Rescue?

Developer Larry Silverstein and the Port Authority are struggling to reach a resolution over the fate of three planned office towers at the World Trade Center, entering a stalemate that could further delay completion of the site.

On April 3, the Port Authority, which owns the World Trade Center site, delivered to Silverstein Properties a proposal to remake the existing agreement for the three towers, mostly rebuffing an earlier request by Mr. Silverstein for the...

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