World Trade Center Arts Space Announces $300 Million Funding And A New Artistic Director: Bill Rauch

The push to build a performing arts component at the World Trade Center site has had more reversals of fortune than a Greek drama. But the project took several steps forward this week with approval of an agreement for a 99-year lease; an announcement that nearly $300 million had been raised and the naming, Friday, of its first artistic director: Bill Rauch, who leads the Oregon Shakespeare Festival.