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Paterson supports Port Authority at WTC

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In the dispute between the Port Authority of New York and New Jersey and Larry Silverstein, Governor David Paterson has publicly expressed support for the Port Authority. Paterson told the New York Daily News that he didn’t know where the money to finance a second tower would be found. Mayor Michael Bloomberg and Assembly Speaker Sheldon Silver have both supported Silverstein’s request for funding. Paterson said he would support building just the retail portions of two of the Silverstein towers, but Silverstein has already dismissed that option, as well as a Port Authority offer to finance the second tower if Silverstein raised $625 million. Silverstein has proposed two office towers with lower-level retail space.

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