Developer Larry Silverstein's bid for $3.3 billion in Liberty Bonds to help build five office towers at the World Trade Center has been scheduled for a public hearing next month — even though City Hall has yet to sign off on the deal.Since Bloomberg appeared to find Ground Zero as an issue only weeks before the election, one can surmise that it was only to slam Assembly Speaker Silver who represents the area because of Silver's actions to torpedo the West Side Stadium project that Bloomberg backed.
The city's Industrial Development Agency added the Liberty Bond proposal to its Dec. 8 public hearing at the last minute as talks between the state and city over the best way to use the financing continue to drag on.
Gov. Pataki wants the money to go to Silverstein, who is trying to rebuild all the office space lost on 9/11. Mayor Bloomberg says he wants to include more housing and hotels.
One can also hope that Bloomberg will drop the issue of housing at Ground Zero as quickly as he picked it up so that construction can proceed as swiftly as possible. Construction began last week on the transportation portion of the project.
Technorati: World Trade Center, WTC, Pataki, LMDC, urban policy, Freedom Tower, IFC, International Freedom Center.
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