solution to the city's budget hole
Check this out for more details on how they got into this mess. Typical government/bureaucrat/union bloat. New York spends twice as much per capita on services as Los Angeles does.
Wouldn't hurt to shove the whiners, environmentalists, and nutjob architects out of the way and build a huge, profitable skyscraper at the WTC site.
Incidentally, going after the 2012 Summer Olympics may not have been the most prudent thing to do right now.