View Full Version : silverstein still in the money

04-15-2009, 10:20 AM
The Port Authority is paying Larry Silverstein $21.5 million to develop the Freedom Tower - even though he has absolutely no role in building the 1,776-foot icon, the Daily News has learned.

More than two years after the builder lost control of the planned 102-story tower at Ground Zero, he is collecting $500,000 monthly "development fees" - and the checks will keep flowing until mid-2010, documents show.

The giveaway - $15.25 million so far and an additional $6.25 million in the pipeline - is costing bridge and tunnel commuters the equivalent of 2.7 million George Washington Bridge tolls or 12.3 million PATH fares.

Barry Morris
04-15-2009, 03:51 PM
So maybe somebody stole his plans and idea, and this is hush money??