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Silverstein Applies for $3.5 Billion in Liberty Bonds to Rebuild Ground Zero

April 24 2005 at 11:20 PM


New York Business reports Larry Silverstein has applied for $3.5 Billion in tax free Liberty Bonds to help rebuild Ground Zero.

Silverstein earlier received $475 Million for construction of 7 World Trade Center.

Congress has authorized $8 Billion in Liberty Bonds which ends in 2009. The bonds are aimed are projects for rebuilding downtown below Canal. Half of the amount remains. It is administered by the New York City Industrial Development Agency

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