The city's allegation that Larry Silverstein would walk away with 500-plus-million in the event of a default, leaving an unfinished project, is quote unquote ridiculous and misleading.
More Quotes from Janno Lieber:
The city's analysis is totally contradictory. If the downtown office space is as weak as their pessimistic projections, then the value of these buildings is zero.Janno Lieber
We cannot build until the government completes the excavation and the site preparation that is necessary for towers 2, 3, 4 and 5 to go forward, and it is unfair to seek to scapegoat Mr. Silverstein for those delays.
Janno Lieber
If this is what takes to get the Port Authority back to the table, we're happy to offer them some new thoughts to get the conversation going.
Janno Lieber
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