Port Authority Board Approves Agreement that Will Fully Restore WTC Site
August 26, 2010
The Port Authority Board of Commissioners today authorized a series of agreements (collectively known as the “Development Plan”) that will ensure the full restoration of the entire World Trade Center Read more...

Port Authority Solicits Bids For WTC Partnership

The Port Authority is looking for a partner to help build the central tower at the World Trade Center site.

The agency has solicited bids from a group of real estate developers in an effort to create a partnership interest in 1 World Trade Center.

The Port Authority hopes to raise at least $100 million dollars for the $3.2 billion project.

The agency also wants the would-be partner to take on marketing and lease negotiating with corporate tenants, at a time when demand for office space is down.

The building 1 World Trade Center is slated for completion in 2013.