Friday, May 05, 2006

Memorial Cost at Ground Zero Nears $1 Billion - New York Times

Memorial Cost at Ground Zero Nears $1 Billion - New York Times: "The projected cost of building the World Trade Center memorial complex at ground zero has soared to nearly $1 billion, according to the most authoritative estimate to date.

Rebuilding officials concede that the new price tag is breathtaking — 'beyond reason' in the words of one member of the World Trade Center Memorial Foundation board — and it is sure to set off another battle over development at the 16-acre site, with calls to cut costs, scale back the design or even start over."

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