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Crain's New York BusinessNegotiations between World Trade Center developer Larry Silverstein and the Port Authority of New York and New Jersey over the development at Ground Zero have broken down as a deadline imposed by Gov. George Pataki passed. The ...
December 23, 2003 Bondholders of a CMBS deal have agreed to allow an affiliate of Silverstein Properties to prepay the former World Trade Center's $563 million mortgage, which was securitized through GMAC Commercial Mortgage Securities Inc., 2001-WTC.The mortgage was locked ...
November 21, 2003 A tentative agreement has been reached between Silverstein Properties Inc. and the Port Authority of New York and New Jersey that would allow the $563 million mortgage on the former World Trade Center to be repaid in ...
October 2, 2003 Fitch Ratings has placed all the classes of GMAC Commercial Mortgage Securities Inc., 2001-WTC, on its rating watch evolving, as it tries to determine how various lawsuits involving the deal's collateral loan affects the transaction.The deal is ...
August 15, 2002 NEW YORK – Fitch Ratings has affirmed the ratings of all the classes it rates of GMAC Commercial Mortgage Securities Inc., 2001-WTC.The $563 million CMBS deal is backed by a mortgage on portions of 1, 2, 4 ...
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