Developer Larry Silverstein looks to lure Amex to help him build final tower at World Trade Center complex [Yahoo! Finance]
News Corporation - Class B (NWS)
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Source: Yahoo! Finance
The developer is in serious talks with American Express to anchor or completely fill the delayed skyscraper, which needs a tenant for Silverstein to get construction financing, according to a report. The yet-to-be-built tower is the missing link in his otherwise successful commercial revival of the Trade Center site since the Sept. 11 terror attacks. Two earlier negotiations — with The Post's owner News Corp and sister company Fox Corp., as well as with Citigroup — fell through after months of negotiations Amex has entered into an exclusive negotiating period with Silverstein, the Real Deal reported Thursday , and could make a decision whether to go ahead as early as this month. Silverstein declined to comment. One plugged-in industry insider told The Post, “It would be spectacular for Silverstein and the Trade Center, but it's a helluva long shot. On top of astronomical costs, a relocation there would involve a million moving parts, including the question of what Amex would
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