{"id":5665,"date":"2007-02-12T00:00:00","date_gmt":"2007-02-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"private-funds-eyed-for-wtc-site","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/02\/2007\/private-funds-eyed-for-wtc-site.html","title":{"rendered":"Private funds eyed for WTC site"},"content":{"rendered":"<p>  NEW YORK (CNNMoney.com) &#8212; The government agency that owns the World Trade Center site is trying to attract private equity or hedge funds into investing in the $3 billion replacement Freedom Tower,  according to a published report.<\/p>\n<p>  <em>The<\/em> <em>Wall Street Journal<\/em> reports that the agency, the Port Authority of New York and New Jersey, also is in talks to sell development rights to one of the five planned skyscrapers  there to <a href=\"http:\/\/money.cnn.com\/quote\/quote.html?symb=JPM\">J.P. Morgan Chase &amp; Co<\/a> (<a href=\"http:\/\/money.cnn.com\/quote\/chart\/chart.html?symb=JPM\">Charts<\/a>).<\/p>\n<p>  The paper said that if the agency is able to win commitment of significant private-sector money, it would be a major advance for the development, which has struggled to advance so far by basically  using only government support and insurance proceeds<\/p>\n<p>  <a href=\"http:\/\/money.cnn.com\/2007\/02\/12\/news\/companies\/worldtradecenter\/index.htm?postversion=2007021209\"><strong>Read Co<\/strong><strong>mplete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK (CNNMoney.com) &#8212; The government agency that owns the World Trade Center site is trying to attract private equity or hedge funds into investing in the $3 billion replacement Freedom Tower, according to a published report. The Wall Street [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5665","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5665"}],"version-history":[{"count":0,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5665\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}