Many are learning about 9/11 Howard Lutnick, who was an Epstein associate, and the coincidence that he wasn't in the building during the 'attack'. Here is another key one: In April 2001, the Port Authority of New York and New Jersey awarded a 99-year lease on the World Trade Center to Silverstein Properties and Westfield America.Their $3.2 billion bid gave them control of buildings worth more than $8 billion, including the Twin Towers, WTC 4 and 5, and hundreds of thousands of square feet of retail space. The lease was finalized on July 24, just six weeks before the 9/11 attacks.Silverstein secured a major insurance policy on the complex, which included coverage for terrorist attacks. After 9/11, he argued that the two planes hitting the Twin Towers should count as two separate “occurrences,” effectively doubling the payout. A jury later sided with him, and Silverstein collected over $4.5 billion. He also received $861 million in insurance for WTC 7, a building in which his investment had been about $386 million, leaving him with a significant profit.Critics have highlighted how the timing of the lease, the favorable insurance coverage, and the subsequent payouts allowed Silverstein to not only recover financially but also profit from the tragedy. He went on to rebuild WTC 7 and began new skyscraper projects in New York, funded in part by the insurance windfall.
In Album: Judy Gilford's Timeline Photos
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