Eliot Brown | 03.19.2012 | Wall Street Journal
It's payoff time for developer Larry Silverstein on 7 World Trade Center, nearly five years after he completed the first tower to be rebuilt in Lower Manhattan after the 2001 terrorist attacks.
With the glassy 52-story building nearly fully leased, Mr. Silverstein's Silverstein Properties Inc. is refinancing the tower, putting on more debt and taking out about $65 million in cash, according to loan documents and a report from Fitch Ratings.
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