FOR IMMEDIATE RELEASE
May 23, 2007
STATEMENT BY MAYOR MICHAEL R. BLOOMBERG ON WORLD TRADE CENTER INSURANCE AGREEMENT
"Governor Spitzer and his team, Silverstein Properties and the insurance companies are to be commended for today's agreement. Ensuring sufficient funding to allow the reconstruction of the World Trade Center site to proceed has been one of the chief challenges we've faced. Today's announcement is another major step forward in our efforts to ensure that the redevelopment of the full World Trade Center site occurs as quickly as possible, and that Lower Manhattan's resurgence continues to grow stronger."
Stu Loeser/John Gallagher (212) 788-2958