Port Authority Called ‘Dysfunctional’ as Trade Center Costs Rise

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By The New York Times

Published: February 7, 2012

The estimated cost of rebuilding the World Trade Center has grown to at least $14.8 billion, up from $11 billion in 2008, according to an audit commissioned by the Port Authority of New York and New Jersey. The audit, which also examined the authority’s debt, called the agency “dysfunctional” and recommended changes in its management structure.

Full article found here.

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