Thanks for the Upgrade, New York City!
cityfile · 04/15/09 07:20AMYesterday, the Daily News reported that mega-developer Larry Silverstein has collected more than $21 million from the Port Authority since 2006 to "develop" the Freedom Tower—even though he no longer has any role in constructing the 1,776-foot tower. Today, an unrelated Wall Street Journal article fills us in on what he's been doing with the big gift from taxpayers: He's trading in his old yacht (above) and building himself a bigger, better one: