Mayor Michael Bloomberg confirmed yesterday that the 9/11 museum at the World Trade Center site will not open as scheduled on September 2012 due to financial disputes between the Port Authority of New York and New Jersey and the National September 11 Memorial & Museum foundation. The Port Authority has previously claimed that the foundation owes it $300 million in cost overruns. However, the mayor, who is the foundation’s chairman, says that the Port Authority owes the foundation about $140 million.
The foundation declined comment for this story, and the Port Authority did not return calls by press time.