New York will announce a new budget and construction timelines at Ground Zero

New York - The New York City Office, which owns the land where the World Trade Center was destroyed by terrorists, is expected to release an updated budget and timeline for new construction. Costs are expected to rise and completion dates for buildings will be delayed.
The problems are primarily caused by the construction of a terminal connecting twelve subway lines, which is reportedly now five years behind schedule. Its original budget of $2.5 billion, according to press reports, will be exceeded by more than $500 million.
Given that this is a large underground construction, delays will adversely affect the construction of other buildings at the so-called Ground Zero, including the memorial to the victims of the terrorist attack on September 11, 2001, four new skyscrapers, city streets, and a building for security checks of trucks and buses.
Increased costs are likely to lead the landowner, the Port Authority of New York and New Jersey, to modify the appearance of the above-ground section of the transport terminal according to the plans of Spanish architect Santiago Calatrava. The construction project with protruding steel ribs resembling bird wings was considered one of the most striking architectural achievements in contemporary New York.
It is still unclear to what extent the delays will affect the construction of the memorial to the victims of terrorism, which is being established directly at the site of the former World Trade Center. Officials from the memorial foundation are urging that it be completed by the tenth anniversary of the tragic events, that is, by early September 2011.
According to the original plans, the memorial was to be completed next year, in 2011 the new landmark of New York, the 541-meter tall Freedom Tower, was to be finished, and two years later the other three new skyscrapers. It is already certain that these deadlines will not be met.