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New York Approves $1.8 Billion In Funding For Three World Trade Center

A development agency in New York state has approved $1.78 billion in funding for the construction of 3 World Trade Center building. The New York Liberty Development Corp. approved the funding with a mandate which including $1.6 billion in tax exempt Liberty and Recovery Zone Bonds. Goldman Sachs is listed as the lead underwrite for the deal. The project is expected to be completed by 2018.