Monday, January 3, 2011

P.A. Paid Late Fees On W.T.C.

$49.5 million was handed to developer Larry Silverstein by the Port Authority because they failed to meet a work deadline. This wasn’t the first deadline they missed or the first penalty that they paid. Just how many years lead time does the Port Authority require to complete their work on time for the benefit of New Yorkers?

IMPORTANT NOTE: This piece was written today about an older New York City news headline. NYCo site delays prevented its publication before now. In an effort to entertain and educate this blog’s devoted viewers, 100’s of older headlines will be posted in chronological order until this blog is discussing current events again. Though some stories may no longer be as relevant as they once were, they remain interesting news items worthy of mention and viewer comments.

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http://www.NEWYORKCITYonline.com/NYC-Online/blog.php. We invite you to post your comments and reply to others. This piece may be duplicated or printed with permission.]

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