Several community
groups and non-profit organizations — including the Fiscal Policy Institute, the Pratt Center
for Community Development and the Tri-State Transportation Campaign — support the Port Authority of New York and New Jersey in its dispute over the World Trade Center redevelopment with Larry Silverstein. Silverstein wants the Port Authority to financially back two of his towers, but the PA has only offered to help with one, arguing that aiding more would
hurt its balance sheet and push it into a risky, private real estate
venture. The groups agree with the PA that public money should go towards
local infrastructure and transportation, expenditures that would benefit the
public good, rather than towards subsidizing office buildings.
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