[Lurking Libertarian]

The city "owns" it, but there's a "lease" involved?

IIRC, it's owned by the New York Port Authority, an agency owned jointly by the State of New York and the State of New Jersey. The Port Authority regularly lost money on the Trade Center and, about 4 years ago, leased it for 99 years to a private real estate company.

[anniegetyourgun]

Thanks for clarification!