Except it's not.
A Port Authority official said the agency is now planning to pursue condemnation in order to seize control of the church’s land, a move that would seem to open the door for a lengthy legal battle should the church choose to fight back in the courts. The collapse of the deal comes as a clear blow to the agency, which needs the land in order to build part of the Vehicle Security Center, a key piece of infrastructure for the World Trade Center.Observer.com
"We made an extraordinarily generous offer to resolve this issue and spent eight months trying to finalize that offer, but the church wanted even more on top of that," Port Authority spokesman Stephen Sigmund said in a statement. "They have now given us no choice but to move on to ensure the site is not delayed. The church continues to have the right to rebuild at their original site and we will pay fair market value for the underground space beneath that building."
Based on the terms of the agreement reached in July, the Port Authority was going to pay the church $20 million toward the construction of a new church in exchange for its 1,200-square-foot parcel, located south of the southwest corner of the World Trade Center site. The agency would give the church a new 8,000-square-foot site a block to the east, where it would put up to $40 million in infrastructure under the new structure.