80-Story World Trade Center Tower Cut To 7 Stories

The planned rebuilding of Ground Zero in New York City has hit another snag.  The building that was supposed to be the third-tallest at the site could end up as one of the shortest “skyscrapers” out there, going from a tall tower to a short stub of a building.

FOX News Radio’s Chris Hoenig reports from New York City:

The base of Three World Trade Center – planned to be 80 stories tall – is rising, but developer Larry Silverstein is struggling to line up tenants, so far unable to fill the first ten floors – which he needs to do to secure financing from The Port Authority of New York & New Jersey.

(Agovino) “There aren’t that many tenants look for vast amounts of space.”

Crain Communication’s Theresa Agovino says the building could be capped at just seven stories.

(Agovino) “You don’t want just a big empty tower standing there.”

This comes as financing has slowed construction at One World Trade Center and halted plans to open a museum at the site this September.

In New York, Chris Hoenig, FOX News Radio.