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News
WTC Memorial Board Defends Halt to Fundraising
WNYC Newsroom
NEW YORK, NY May 10, 2006 —Board members of the World Trade Center Memorial Foundation are defending their decision to suspend fundraising temporarily, despite concerns from the Mayor and the Governor.
REPORTER: Governor Pataki and Mayor Bloomberg capped the project at $500 million last week after its budget soared to almost $1 billion. Bloomberg has said the foundation should now focus on fundraising. But the board argues it can't raise more money until a final design is made within the new budget. Board member Deborah Burlingame - whose brother died in the attacks - says its only fair to the donors.
BURLIGAME: These people are saying what are you building? And we're not able to tell them.
REPORTER: The memorial was designed around two pools of water in the original footprints of the Twin Towers, with an underground museum. But some elements may have to be moved to save money.
Vote 2009
WNYC provides analysis of the characters and debates of those running for mayor, comptroller, public advocate, district attorney and City Council. Share your election story or gripe and post your comments on the news blog.
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Financial 411
WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 weekdays which is available via podcast, with highlights from the day and a preview of what you can expect tomorrow.
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Uncommon Economic Indicators
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