D B A D, St. Nick!

Port Authority sued over still-unbuilt church near ground zero

By Chris Kokenes, CNN

The lawsuit, filed Monday in federal court in Manhattan, cites "...arrogance, bad faith, and fraudulent conduct" on the part of the Port Authority of New York and New Jersey in an agreement that would have allowed St. Nicholas Church to rebuild at 130 Liberty St., adjacent to the church's original location.

The church claims that the Port Authority reneged on paying $20 million in due consideration for their property at 155 Cedar St., where the church building originally stood.

~ ~ ~

But the authority said the church made extra demands that threatened to delay the construction of the entire site. The authority said it made its final offer in 2009 of up to $60 million and told St. Nicholas that the World Trade Center could not be delayed by the issue. It says the church rejected the offer and walked away.

~ ~ ~

"We assumed we agreed that a deal was on the table" Arey said. "St. Nicholas no longer exists, and it needs to be rebuilt for ethical reasons. There are other things that are relevant than just money."

 [Full Article]