Merrill Lynch, the 3rd largest US ecurities firm, has broken off discussions with Silverstien Properties, Inc. about moving its office to a new building at the World Trade Center site.
The discussion terminated over 'economic terms' and the fact that they can not get clear dates as to when they could move in. The Port Authority and Silverstein Properties are looking to have Merrill Lynch on the property as a way to attract other tenants their.
It has been over 7 years since talks began to rebuild the site, with many set backs and comlications about the space.
