A World Trade Center that may cost $250,000,000 was proposed yesterday for thirteen and a half acres along the East River, adjoining New York’s downtown financial district.
As outlined by its originator, the Downtown-Lower Manhattan Association, Inc., the plan calls for a combination office and hotel structure of fifty to seventy stories, a six-story international trade mart and exhibition hall, and a central securities exchange building in which it is hoped the New York Stock Exchange will be a tenant.
