Corzine Said To Meet With Pataki To Discuss the WTC Deal

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The New York Sun

TRENTON, N.J. – Governor Corzine yesterday said he’s not holding up a deal with New York officials and a private developer to rebuild the World Trade Center site, before attending a meeting with Governor Pataki to discuss the deal, officials familiar with the discussion said yesterday.


Mr. Corzine met with Mr. Pataki and Mayor Bloomberg in New York for hours yesterday to discuss their differences that have kept the owners of the trade center site from producing a new proposal for developer Larry Silverstein in recent weeks. Mr. Silverstein has been renegotiating his $3.2 billion lease with the Port Authority of New York and New Jersey for three months; talks broke down in mid-March, and last week officials from New York and New Jersey couldn’t agree on a deal to vote on at the Port Authority’s monthly board meeting.


Mr. Pataki called the meeting with Mr. Corzine and the mayor, who controls $1.6 billion in tax-exempt bonds that Mr. Silverstein wants, said a New York State official who spoke on condition of anonymity as a matter of policy on the confidential negotiations.


Mr. Corzine said yesterday before the meeting that he held no ultimatum in the Silverstein deal. “There ought to be a financially sound transaction for all involved,” Mr. Corzine said. “I happen to believe the memorial should have funding … but that’s not an absolute demand.”


“I’m not holding up the deal,” he said.


Last week, Mr. Corzine said that financial support for a trade center memorial would be a “necessary ingredient” to a new rebuilding deal with Mr. Silverstein. New Jersey officials have been looking for various financial concessions in Mr. Silverstein’s $3.2 billion lease that could be directed toward the memorial.


Following Mr. Corzine’s comments last week, New York’s congressional delegation sent a letter urging him to bring about a fair deal without delay, while noting that rebuilding decisions at ground zero should “first and foremost should be made by New Yorkers.”


The New York Sun

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