Talks Reopened for Privatization of New York's World Trade Center. (15-MAR-01) Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

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Talks Reopened for Privatization of New York's World Trade Center.

Publication: Daily News (New York, New York) (via Knight-Ridder/Tribune Business News)

Publication Date: 15-MAR-01

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Byline: Eric Herman

Mar. 15--The Port Authority has tentatively decided to open negotiations with Silverstein Properties for control of the World Trade Center, even though it had reached a preliminary $3.25 billion deal with Vornado Realty, the Daily News has learned.

Although the agency selected Vornado as the preferred bidder a month ago for a 99-year lease, William Martini, a member of the subcommittee of the Port Authority of New York and New Jersey that's overseeing the negotiations, said Vornado made "what...

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