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WTC developer announces construction of city's tallest hotel tower

Rendering for Four Seasons Hotel and Private Residences

Photo credit: Rendering for Four Seasons Hotel and Private Residences New York, Downtown (Silverstein Properties)

The developer behind some of the skyscrapers at World Trade Center announced Wednesday it is creating the city's tallest hotel and residential building in lower Manhattan.

Silverstein Properties, which is developing four of the World Trade Center buildings, got $950 million in financing from British firm The Children's Investment Fund Management for the 82-story tower at 30 Park Place that...

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