Larry Silverstein, redeveloper of towers at New York’s World Trade Center site, said he will expand investment in China and enter Israel for the first time to capture rising demand from wealth built on natural resources.
The Port Authority of New York and New Jersey fired its treasurer and two of her staff members for accepting meals and theater tickets on local and international trips, said a person familiar with the matter.
Developer Larry Silverstein said he plans to start building an 82-story hotel-and-condominium tower a block north of the World Trade Center site in lower Manhattan late this year, after getting a $660 million loan.
Work was halted today at the World Trade Center construction site in lower Manhattan after a crane dropped steel beams that fell about 40 stories onto the truck that delivered them, the general contractor said.
Facing eviction from her home of six decades, Amporn Pannarat personifies the dilemma facing the fund supporting Thailand’s monarchy as it seeks to boost returns and regenerate Bangkok with its first commercial development project.
The Performing Arts Center planned for the World Trade Center site will be supported by a $100 million fund drawn from federal money, according to an announcement by New York Mayor Michael R. Bloomberg , Governor David A. Paterson and New York State Assembly Speaker Sheldon Silver.
Condé Nast Publications Inc. is in talks to become the biggest tenant at 1 World Trade Center, the skyscraper now rising at the lower Manhattan site where the twin towers were destroyed, a person familiar with the talks said.