Religion Roundup
Church Surrenders Lot Near Ground Zero for $20M
Associated Press
July 24, 2008
NEW YORK - Leaders of a church destroyed on September 11th have surrendered land needed to rebuild the World Trade Center site in a 20 million-dollar deal with the government.
The congregation at St. Nicholas Greek Orthodox Church will use the cash to build a new church a few blocks away. The church's 1,200-square-foot lot had been listed as one of more than a dozen obstacles slowing long-stalled rebuilding at ground zero.
The Port Authority of New York and New Jersey owns ground zero, and its leadership has agreed to the 20 million-dollar price. The agency expects 10 million to come from JPMorgan Chase & Company, which has a tentative deal to build one of five office towers planned at the site.
The board is expected to consider approving the sale Thursday.
Copyright 2008 by The Associated Press. All Rights Reserved.
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