The Real Deal New York

In an appearance on CNBC this morning, developer Larry Silverstein, who last week delayed the sale of $1.3 billion in tax-exempt Liberty Bonds to finance his 4 World Trade Center tower, said he expects to bring the bond issue to market sometime early next year. Right now, he said, “we’ve got a bond market that is in a state of chaos,” but the first quarter of next year should be “the ideal time” to make the offering. Watch him expound on his outlook for New York’s office market more generally in the video above.