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Old November 7th, 2007, 11:34 PM   #3001
TheGlobalizer
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John Galt Corp.? Interesting choice of name.
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Old November 8th, 2007, 03:46 AM   #3002
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Found this on a blog about Swiss Re in how much they owe Larry Silverstein to build the official plans.
http://essentialestfinanceh.naturalb...le-wtc-payout/
News - Insurer let off double WTC payout

Swiss Re, the biggest car compare credit insurance quote of the destroyed New York World Trade Center, will not be forced to make two separate payouts, a US court has ruled.

The giant insurer, which alone provided 25% of the cover for the twin towers, will pay no more than $880m (497m).

The building home locked funds insurance follows a court ruling that the September 11 attacks should count as one act, not two as the building’s developer had claimed.

The developer, Larry Silverstein, had asked for twice the 3.5bn sum insured.

The judgement sent Swiss Re’s shares up by 2.5%, since analysts had been braced for a far larger payout.

The court decision, which is likely to be business alliance insurance company in cases involving all the building’s insurers, will restrict the amount of capital available to rebuild the site.

Current plans for the project are estimated to cost up to $12bn.

Source News - Insurer let off double WTC payout article
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Old November 8th, 2007, 04:42 AM   #3003
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^ Holy crap! Towers 2 and 3 will have to be downsized if Swiss Re doesn't pay up! Might as wll build nothing then. Yep, the buildings which they spent over a year and millions of dollars designing will go to waste. Panic!
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Old November 8th, 2007, 06:04 AM   #3004
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^ Lol, let him dream man.
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Old November 8th, 2007, 06:09 AM   #3005
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No need to panic. All is well. The article cited is from 2004 and discusses one court decision among many (both for & against Silverstein). The settlement Silverstein ended up with was ~$5 billion (although he is currently suing a couple more re-insurers). Although less than the $7billion he claimed he was due, the money is enough to build Towers 2, 3 & 4. The Port Authority is building/paying for 1WTC and 5WTC and the other elements of the WTC.
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Old November 8th, 2007, 02:44 PM   #3006
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talB is such a drainer! all i see from her is negative things! its boring now! you may not like it but i think you'll have to get used to the prospect of these amasing towers NOT being replaced by the originals anyun time soon...


just let it go
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Old November 8th, 2007, 02:47 PM   #3007
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TalB is not a "she"
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Old November 8th, 2007, 10:12 PM   #3008
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The pic at the top really does this project justice. It looks incredible!
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Old November 9th, 2007, 12:47 AM   #3009
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very nice...very nice....

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Old November 9th, 2007, 01:22 AM   #3010
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what did they build on the top of part of the core?
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Old November 9th, 2007, 01:59 AM   #3011
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Who knows. Maybe its there to keep the TalBees out.

The pic at the top of this thread does no justice in showing just how big three of these four supertalls are.
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Old November 9th, 2007, 02:42 AM   #3012
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Quote:
Originally Posted by RandySavage View Post
No need to panic. All is well. The article cited is from 2004 and discusses one court decision among many (both for & against Silverstein). The settlement Silverstein ended up with was ~$5 billion (although he is currently suing a couple more re-insurers). Although less than the $7billion he claimed he was due, the money is enough to build Towers 2, 3 & 4. The Port Authority is building/paying for 1WTC and 5WTC and the other elements of the WTC.
The article may be from three years ago, but the blog entry was yesterday. The 12 billion most likely came from an estimated cost that was taken over the three years. Either way, Larry Silverstien loosing the double payment to Swiss Re was a major blow for him.
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Old November 9th, 2007, 02:49 AM   #3013
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New updated pictures

Hey Guys, When is someone going back down to the site and take some much needed ,better then the web cam, pictures? NY Guy, Ebola, or Carlos? Come on we depend on you three to as we say"Keep us informed" LOL You guys really do make this forum what it is. I do not like to come to this and see all the bickering and the name calling. I like to see the construction updates and the other proposals.
Keep up the great work you three guys.
Lance
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Old November 9th, 2007, 03:03 AM   #3014
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There were just pictures posted a few days ago of very recent work. Better photos than anyone could take from streetlevel at this point because of the angle.
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Old November 9th, 2007, 03:20 AM   #3015
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Yeah, the pictures posted by WTC Rising and the PANYNJ photographers are much better than anything I or any other NYer could take, not only because they have cameras that are worth thousands of dollars more and more experience, but also because they have access to most of the the construction site and we obviously don't. As long as they do it at least every other week, which they do, I'll be happy.
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Old November 9th, 2007, 05:49 PM   #3016
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Quote:
Originally Posted by ZZ-II View Post
TalB is not a "she"

woops, with all the whining i just guessed...
my sexist english teacher obviously isnt a good influence
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Old November 9th, 2007, 06:28 PM   #3017
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just saw on the cam that they're pouring concrete on the FT-site
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Old November 9th, 2007, 06:32 PM   #3018
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Quote:
Originally Posted by ZZ-II View Post
just saw on the cam that they're pouring concrete on the FT-site

I see that

When will they place the remaining steel beamns around the perimeter of the tower?
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Old November 9th, 2007, 07:34 PM   #3019
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Quote:
Originally Posted by rogerick1970 View Post
When will they place the remaining steel beamns around the perimeter of the tower?
They're using the core first, steel second strategy for the FT just like they did for 7 WTC. I believe I read that the steel wouldn''t start seriously rising until January. Also, the north memorial steel is also supposed to start rising in the Jan/Feb timeframe. By April the south memorial will be doing the same once the ramp is removed.
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Old November 10th, 2007, 05:30 AM   #3020
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Someone's enjoying his job a little too much:




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