boloboffin
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- Aug 10, 2006
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I just had someone at DU try to use Kevin Spacey's narration in the PBS special to ascertain the meaning of Silverstein's words contained therein.



Getting back to the original subject of this thread.
Janno Lieber City Council Testimony
August 19, 2009
...As you know, after 9/11 Silverstein kept paying the Port Authority the same rent as if the Twin Towers were still standing and full of tenants paying us rent every month. All told, since 2001, we have paid the Port Authority $2.75 billion for the right to rebuild 6.2 million square feet. of office space. That is maybe five or six times the market value of those development rights. This tremendous windfall to the Port Authority has eaten up roughly two-thirds of all the insurance we collected from our insurance carriers. So its amazing that the Port has decided to hide behind rhetoric about "market" economics and market discipline...
Full testimony can be found here.
So, it seems that quote from Johnnyfive is more applicable than ever.
Ah, no. Now this is going to be used to say the Port Authority did it.