If this is what takes to get the Port Authority back to the table, we're happy to offer them some new thoughts to get the conversation going. |
The city's allegation that Larry Silverstein would walk away with $500-plus-million in the event of a default, leaving an unfinished project, is quote unquote ridiculous and misleading. |
The city's analysis is totally contradictory. If the downtown office space is as weak as their pessimistic projections, then the value of these buildings is zero. |
We cannot build until the government completes the excavation and the site preparation that is necessary for towers 2, 3, 4 and 5 to go forward, and it is unfair to seek to scapegoat Mr. Silverstein for those delays. |