Bad News: They were insured up to a maximum of $1 billion per incident.
Good News: Two separate planes, two separate buildings, two separate incidents
Bad News: Insurance company goes to court, claiming one terrorist organization, one coordinated attack, one incident…and they win.
Good News: The Silverstein group still has the ground lease for the site (as well as the payments to the Port Authority that he still owes), so they are the ones building and owning the replacement tower there, for which they had to get a construction loan, and, when finished, a mortgage.
Two years ago, the University of Georgia College of Environment and Design professor wrapped up a master plan for downtown Tulsa, Okla. It’s a much different city from Athens, but that plan provides insight into what Crowley can do if the Athens Downtown Development Authority hires him.