Reports › Rethinking the World Trade Center Building Transaction
Jan 15, 2009
Today the Bureau of Governmental Research releases Rethinking the World Trade Center Building Transaction. The report reviews the New Orleans Building Corporation’s approach to redeveloping the World Trade Center tower and parking garage in downtown New Orleans. For more than 10 years, the city has unsuccessfully pursued redevelopment in partnership with the master tenant of the buildings. BGR recommends that the city abandon that approach, and instead seek to buy out the master tenant and sell the buildings.