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Ground Zero News Roundup

2006_11_wtcsiteplan.jpg

  1. A judge ruled that World Trade Center insurers do not have to pay an extra $700 million for current construction. Developer Larry Silverstein and his insurers had been arguing whether additional improvements to new buildings should be someting the insurers pay out. But U.S. District Judge Harold Baer decided that the money paid out should only cover what it would cost to build the original, pre-September 11 World Trade Center design. Silverstein is still expected to receive around $4.6 billion in insurance money.

  2. Mayor Bloomberg continued to admit that the initial search for remains four years ago may not have been adequate. The Daily News revealed that a Secret Service bulletproof vest was found in a manhole in October 2002, but the city didn't follow up on searching more thoroughly. The current renewed search may take a year or more.

  3. And the World Trade Center Memorial Foundation appointed Joseph C. Daniels as its president. The AP reports Daniels was the foundation's general counsel since 2005, but was "thrust into the presidency" when original president Gretchen Dykstra resigned earlier this year. Given that Mayor Bloomberg is the foundation's chairman, Daniels's job will be slightly easier, but not by much, given the number of parties involved with the memorial.


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By Jen Chung in on November 1, 2006 8:23 AM

Comments [rss]

  • Tom

    And in more Ground Zero news, it's still a hole in the ground with no rebuilding in sight.

    I have the inescapable impression that in any other city besides New York, rebuilding would be well underway

    Too many people were allowed in the decision making process... plain and simple. Some politician needed to have the stones to say "this is what we're doing" and make a decision.

    Someone needed to realize after clean-up was finished that there was no possible way to satisfy everyone.

  • If the money paid out should only cover what it would cost to build the original, pre-September 11 World Trade Center design, why not do that?

  • And in more Ground Zero news, it's still a hole in the ground with no rebuilding in sight.

    I have the inescapable impression that in any other city besides New York, rebuilding would be well underway.

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