According to the New York Post, Goldman Sachs no longer plans to build a new $2 billion, 40-story tower in Battery Park City, "dealing a severe blow to downtown hopes for a commercial renaissance near the World Trade Center site." Mayor Bloomberg's office was "stunned" at the news. But was the move by Goldman just a clever negotiating tactic?:

"Goldman has bickered with the state over plans for a West Street tunnel adjacent to Ground Zero that might place wide entrance portals in front of the new headquarters. The bank's backing out could be a negotiating ploy to pressure the state to cancel the tunnel or move the portals north."