Trump weighs 1 WTC bid

TRD New York /
Feb.February 12, 2010 10:05 AM

Donald Trump is reportedly weighing an entry into the 1 World Trade Center bidding fray after visiting the site with sons Donald Jr. and Eric and daughter Ivanka last month to discuss a potential $100 million offer. Sources told the Post that while Trump’s good track record with finishing projects on schedule and working with unions makes him an attractive candidate from the perspective of the Port Authority of New York & New Jersey, the Donald himself isn’t yet convinced that he wants the project. As one source put it, “Trump loves the concept [of owning what was being called the Freedom Tower], but doesn’t know where the tenants would come from — and it’s such a target. He keeps saying, ‘There’s a big red target painted on it.’” If Trump does wind up making an offer, he’ll be joining the likes of Brookfield Properties, Vornado Realty Trust, Related Companies, the Durst Organization, Boston Properties and Hines Interests, all of which are said to have submitted proposals. The Port Authority wants the eventual owner to oversee construction and to finish leasing and managing the 1,776-foot-tall property. [Post]

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