Port Authority Plans $1.2 Billion in Spending at World Trade Center; CB1 Seeks Specifics
The Port Authority of New York and New Jersey, which owns the World Trade Center complex, plans to spend $1.2 billion on developing the site in the coming decade. Community Board 1 (CB1) is asking for greater detail and clarity about how these funds will be spent, and when.
The Port Authority says the $1.2 billion is earmarked primarily “to complete the buildout of the campus with construction of Tower 2 and Tower 5,” along with upgrades to One World Trade Center…