Port Authority of New York and New Jersey named Boston Properties, The Durst Organization and Related Cos. as finalists to invest about $100 million in a minority stake in One World Trade Center, formerly known as the Freedom Tower, according to sources close to the situation.
The three finalists along with Hines submitted bids in April to invest money to complete the $1.3 billion project. The authority’s board of commissioners isn’t expected to make a selection until its June 24 meeting.
An authority spokesman declined to comment.
Cushman & Wakefield is assisting the authority. Efforts to reach officials there by press time were unsuccessful.