WTC project delayed by missed deadlines and skyrocketing budgets

July 4, 2008

New York City, New York (WiredPRNews.com) — According to New York officials, unrealistic timetables and increasing budgets have turned up the heat on the pressure cooker for the Port Authority of New jersey and New York to scrap the entire original blueprint which was crafted for the completion of the redevelopment of the World Trade Center.

As reported by NewsDay.com, Chris Ward, Executive Director of the Port Authority, gave a statement saying, “The schedule and cost estimates of the rebuilding effort that have been communicated with the public are not realistic.” He also added that his agency is thinking over the matter of developing a plan that is going to generate exact cost estimates and progress dates as the rebuilding continues.

The plan that is scheduled to finish by September will assist in coordinating 33 designers and architects, 100 contractors and 19 federal, local, and state government agencies that are involved in one of the largest redevelopment projects in the nation.

Ward added, “This is rising out of the ground as the most complex construction project ever.” The fact of the matter is that Gov. David A. Paterson has ordered a clear mention of a crystal-clear time line stating when reconstruction will be completed.

News regarding further delays as well as many empty promises which have already been advanced over the years have angered the families of the victims of 9/11. Sally Regenhard, who lost her firefighter son at that fateful event, said, “They wanted something that was dignified, honorable, simple and that could be accomplished within a decade.”

Despite the fact that Ward neither offered new budget estimates nor deadlines of the multi-billion dollar project, Paterson was delighted when Ward called it a “comprehensive and honest report.”

According to Paterson, “For the first time we have a candid, honest analysis of where the rebuilding effort stands.” He further added, “I am not interested in assigning blame. Instead, I am interested in fixing the problem so we can move forward.”

Wired Business Reporter

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