Freedom Tower could be sold

June 17, 2008 09:06AM

The Port Authority could sell the Freedom Tower and has reportedly approached both the Related Companies and Brookfield Properties about unloading the project. Insiders at the authority deny that the tower will be sold outright and said the PA was interested in forming a partnership with an experienced developer. The authority, which is being advised by Deutsche Bank, wants the $3 billion tower to be completed under its current design. While the project has been through delays, steel is now rising at the site. 

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