| To: Qone0 who wrote (1444195) | 3/5/2024 1:55:48 PM |
| From: Broken_Clock | 2 Recommendations Respond to of 1444426 |
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Developer Sues to Win $12.3 Billion in 9/11 Attack
Mar 27, 2008March 27, 2008. Larry A. Silverstein, who has won nearly $4.6 billion in insurance payments to cover his losses and help him rebuild at the World Trade Center site, is seeking $12.3 billion in ...
You won't get out of bed without a motive to do so. The man behind the rebuilding of 9/11's Ground Zero | Reuters
Developer Larry Silverstein signed a $3.2 billion 99-year lease on New York's World Trade Center six weeks before the Sept. 11 attacks in 2001. He recalls the smoldering ruins of the Twin Towers ...
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He made 1.5B in a leverage lease deal. A 99 year lease is basically an option.
In fact, the WTC was valued at $8B and he bought the 99 year lease foe a paltry
$125m down paymenrt.
12m becomes $4.6 billion!
Now THAT's motivation! |
