PA meets 19 out of 20 building goals

In a second-quarter milestone report, the Port Authority of New York and New Jersey said that it has met 19 out of 20 quarter rebuilding goals, including the installation of more than 2,400 tons of steel for the National September 11 Memorial and Museum and the installation of 1,250 cubic yards of concrete at 1 World Trade Center. The goal the agency did not meet was the completion of approximately half a sector of steel over the PATH line. Taking a long view, a study by the Lower Manhattan Construction Command Center shows that the Port Authority is five to 10 years behind the previously promised dates for public infrastructure at the site, including work on the PATH hub. But according to the milestone report, construction on the transportation hub is slated to be heavily worked on in the third quarter and mostly completed by fourth-quarter 2009. In a press release sent out yesterday by Silverstein Properties, developer Larry Silverstein says construction delays on those key elements of infrastructure have adversely affected the cost and schedule of his three office towers while also hindering his ability to finance, market, and complete them as previously planned. But Silverstein said he remains firm in his resolve to finish the project: “My team and I remain steadfast in our commitment to rebuild the World Trade Center as the centerpiece of the dynamic mixed-use community that has emerged downtown.” TRD

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