The World Trade Center site will cost about $1.5 billion more and take longer to complete than originally estimated, the Port Authority of New York and New Jersey said yesterday.

The Port Authority, following a 90-day review, estimated that the parts of the projects it is financing will cost $6.93 billion and will be finished by 2014. The agency has said that funding for the projects would be a combination of tax-exempt Liberty bonds, federal funding, and possibly private equity or special project bonds. Those costs don't include a memorial which is funded by a foundation and towers built or to be built by developer Silverstein Properties, Inc.

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