The propriety of such a project remains a matter of conjecture, however, as the numerous entities involved have not yet publicly addressed the implications of redeveloping the site.
"The engineering is certainly there to rebuild and build higher," observes one source. "If a developer owns a building that catches fire, he has the right to rebuild, but this is different. We have a high-profile landowner, an international disaster and a private developer. There's going to be a huge discussion on what's appropriate."
Silverstein's statement follows:
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