Michael R. Bloomberg
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Michael R. Bloomberg Bloomberg Mayor Bloomberg
Jon S. Corzine of New Jersey and Mayor Michael R. Bloomberg continued questioning many of the financial aspects. Mayor Bloomberg has also raised the possibility that Mr. Silverstein would run out of money after building only two of the five towers, then default on his lease and realize hundreds of millions of dollars in profit. In a meeting yesterday, Mr. Bloomberg met with Governor Pataki at state offices on Third Avenue to resolve their differences over the tentative agreement that would transfer control of the Freedom Tower from Mr. Silverstein to the Port Authority. The authority and Mayor Bloomberg have sought assurances that a final deal would be contingent on resolving these matters quickly. Jon S. Corzine of New Jersey and Mayor Michael R. Bloomberg continued questioning many of the financial aspects. Mayor Bloomberg has also raised the possibility that Mr. Silverstein would run out of money after building only two of the five towers, then default on his lease and realize hundreds of millions of dollars in profit. In one of a flurry of meetings yesterday, Mr. Bloomberg met with Governor Pataki at state offices on Third Avenue to resolve their differences over the tentative agreement that would transfer control of the Freedom Tower from Mr. Silverstein to the Port Authority. The authority and Mayor Bloomberg have sought assurances that a final deal would be contingent on resolving these matters quickly.