Chron.com | Officials Try to Slash WTC Memorial Costs

Chron.com | Officials Try to Slash WTC Memorial Costs: "Officials Try to Slash WTC Memorial Costs

By AMY WESTFELDT Associated Press Writer
© 2006 The Associated Press

NEW YORK — Reeling from an estimate that the World Trade Center memorial could cost close to $1 billion, rebuilding officials began weighing possible design changes Friday, while the mayor slammed private fundraising efforts for the project.

Members of the World Trade Center Memorial Foundation met Friday with city and state officials to go over a contractor's estimate that the memorial could cost $972 million, nearly twice the last estimate of $490 million."

Tags: Memorials