Real Estate Finance and Investment

Silverstein Vows To Help Rebuild WTC Complex.(Brief Article)

Larry Silverstein said late last week that he plans to help rebuild the Twin Towers and other parts of the World Trade Center complex. Silverstein told the Wall Street Journal that any planning will obviously not occur in the near-term and added that there should also be a memorial for the many people who died in last week's terrorist attack.

It what has turned out to be a tragic irony, Silverstein, who along with Westfield America acquired the 99-year lease on the building for $3.2 billion in April from the Port Authority of New York and New Jersey, was reportedly planning to hold a meeting at 7 World Trade Center to discuss terrorism prevention efforts. …

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