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WTC a 'Planning Catastrophe'?

Posted by: Michael Dudley
Thanks to: Michael Dudley
3 June 2005 - 8:00am

The controversy over what to build at ground zero has been complicated, but is also "very New York". The real catastrophe would be to let the crater sit empty any longer than it must.

"While the building has yet to begin in earnest in the hole we call Ground Zero, a new conventional wisdom about it has been born: the disaster of destruction has been made worse by the disaster of reconstruction...But it is not a catastrophe, and the process under way could still result in a concentration of magnificent architecture."

Full Story: A disaster of reconstruction?
Source: Newsday, June 2, 2005
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.
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