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One World Trade Centre, Lower Manhattan, New York City, New York, United States
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One World Trade Centre, Lower Manhattan, New York City, New York, United States

• Estimated cost and funding
A February 2007 estimate put the initial construction cost of One World Trade Center at about US$3 billion, or $1,150 per square foot ($12,380 per square meter). However, by April 2012 the tower's total estimated cost had risen to $3.9 billion, making it the most expensive single building in the world at the time. The tower's construction was partly funded with approximately $1 billion of insurance money recouped by Silverstein in connection with the September 11 attacks. The State of New York provided $250 million toward construction costs, and the Port Authority agreed to finance a further $1 billion through the sale of bonds. A series of bridge and tunnel toll hikes were also implemented by the Port Authority to raise funds, with a 56 percent toll increase scheduled between 2011 and 2015; however, the proceeds of these toll hikes were not ultimately used to pay for the tower's construction.

File information
Filename:680916.jpg
Album name:World & Travel
Rating (1 votes):55555
Keywords:#one #world #trade #centre #lower #manhattan #new #york #city #united #states
Filesize:50 KiB
Date added:May 24, 2015
Dimensions:700 x 466 pixels
Displayed:151 times
URL:displayimage.php?pid=680916
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