Port Authority of New York and New Jersey officials, stung by an audit detailing cost overruns at the World Trade Center, say they are pursuing increased private investment to recoup some of the burgeoning costs of rebuilding at Ground Zero. But a concentrated "top-bottom" review of the agency will come after June 31, when the second phase of the report is released.
The Jan. 31 interim report, commissioned by the governors of N.Y. and N.J. and submitted by Navigant Consulting Inc., noted that the cost of rebuilding at Ground Zero has risen by $4 billion, to almost $15 billion since its $11 billion estimate in 2008.