12/02/08

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Freedom tower for sale

Freedom Tower

The Port Authority has said that "all options are on the table" for the Freedom Tower, confirming earlier rumors about the building's fate. The agency is looking to sell the tower to private developers and has already approached Brookfield Properties and Related Companies to take the behind-schedule $3 billion project. While the Port Authority said the sale would be a partnership offering, private development companies often seek control of a project in such deals.

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