Anthony R. Coscia
PER
Anthony R. Coscia
Anthony R. Coscia, chairman of the Port Authority, has proposed his own solution for speeding up the rebuilding process and dealing with the financial shortfalls at the site. He said Mr. Silverstein should proceed with building the 2.6-million-square-foot Freedom Tower and a second tower but relinquish control of two other building sites on Church Street and a major portion of the site in exchange for a drastic reduction in rent, which is now $140 million a year. Anthony R. Coscia, chairman of the Port Authority, with support from Mayor Bloomberg, has proposed his own solution for speeding up the rebuilding process and dealing with the financial shortfalls at the site. He said Mr. Silverstein that he should proceed with building the 2.6-million-square-foot Freedom Tower and a second tower but to give away control of two other building sites on Church Street and a major portion of the site in exchange for a drastic reduction in rent, which is now $140 million a year.