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Bloomberg Calls Summit on WTC

NEW YORK CITY-Prompted by Assembly Speaker Sheldon Silver's call for action, the mayor has invited major stakeholders at Ground Zero to the negotiating table.

By Cody Lyon | Updated on May 11, 2009

[IMGCAP(1)]NEW YORK CITY-This past Friday, New York State Assembly Speaker Sheldon Silver told attendees at a Downtown Lower Manhattan Association breakfast that it was time for a leadership summit on the World Trade Center’s Reconstruction, saying at least two towers should be built at the site and that all involved parties should share risk. Parties involved include New York Governor David Patterson, New Jersey Governor Jon Corzine, Mayor Michael Bloomberg, Port Authority chief Chris Ward and developer Larry Silverstein as well as other stakeholders.

Almost immediately following Silver’s remarks, Mayor Michael Bloomberg issued the invitation to the involved parties to meet at Gracie Mansion this week to find a solution to the increasingly contentious impasse between Silverstein and the Port Authority. Published reports say the authority wants to drastically scale back development at the 16-acre Ground Zero site.

In a statement, Silverstein’s World Trade Center Properties said it welcomed Mr. Silver’s urging that two towers should be built, while endorsing the need for a meeting to assure continued progress on the site. Meanwhile the Port Authority said in its statement that it appreciated Silver’s remarks that “the private developer, not just the public, should share that risk.”

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