#7. Why did Larry Silverstein purchase a lease on buildings that were considered a bad investment?

It was well-known that the World Trade Center buildings were not near the top of New York City’s list of most desirable real estate investments. The buildings were in need of expensive upgrades including asbestos remediation and other renovations. The estimated total cost to perform the upgrades was $200 million. When the buildings were destroyed on 9/11, Silverstein became eligible to collect some $7 billion dollars on the insurance policy he purchased on the property just six months before the attacks.