Mayor Bloomberg plans to meet with other officials tomorrow to discuss what to do about the latest impasse at Ground Zero. WNYC's Matthew Schuerman reports that seven civic groups have come out against developer Larry Silverstein getting any more subsidies. WNYC's Matthew Schuerman has more.
REPORTER: Silverstein says he won't be able to build his office towers anytime soon unless he gets loan guarantees from the Port Authority, which owns the World Trade Center site. But critics say doing so will tie up $3 billion the Port Authority should use instead to build transportation projects. Robert Yaro is president of the Regional Plan Association, one of the seven groups that sent a letter to officials Tuesday.
YARO: You can't do both. and it's not that we don't want to see the commercial development happen its just that the game plan has always been that that be privately financed.
REPORTER: Silverstein's company says the Port Authority has caused the financing problem because it failed to finish the foundations for the office towers when the economy was still strong. For WNYC, I'm Matthew Schuerman.