SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Just the Facts, Ma'am: A Compendium of Liberal Fiction

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sully- who wrote (59369)5/24/2007 3:07:09 PM
From: Sully-  Read Replies (1) of 90947
 
GROUND ZERO: GOOD NEWS

NEW YORK POST
Editorial

May 24, 2007 -- After years of delay - caused by both legal complications and, primarily, governmental inertia - the last financial roadblock to the redevelopment of Ground Zero has been removed.

It's long overdue.

Developer Larry Silverstein, the Port Authority and the companies that had insured the destroyed Twin Towers yesterday reached a settlement of Silverstein's insurance claims: The companies will pay another $2 billion, on top of the $2.55 billion already disbursed.

That's slightly less than the amount awarded Silverstein at trial - but the deal means the case, which has cost both sides untold millions, will finally end.

And that, said Gov. Spitzer, eliminates "the last major barrier to rebuilding" and ensures that the Port Authority and Silverstein "have the financial resources to meet their obligations."

Does this finally, at long last, spell the end of Pataki's Pit - the former governor's hole in the ground that has been the shame of New York for more than five years?

Let's hope.

nypost.com
good_news_editorials_.htm
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext