Thursday, December 25, 2014

Follow us:
Follow @NY1 on Twitter Follow NY1 News on Facebook Follow NY1 News on Google+ Subscribe to this news feed 


Gretchen Dykstra Resigns As Head Of WTC Memorial Foundation

  • Text size: + -
TWC News: Gretchen Dykstra Resigns As Head Of WTC Memorial Foundation
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

out of 10

Free Video Views Remaining

To get you to the stories you care about, we are offering everyone 10 video views per month.

Access to our video is always free for Time Warner Cable video customers who login with their TWC ID.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

World Trade Center Memorial Foundation President Gretchen Dykstra resigned Friday, just weeks after the organization suspended fundraising amid news the project is over budget.

Dykstra, who has headed the foundation for the past year, stepped down from her post in a letter to the organization’s executive committee in which she said the fight over the project's budget and design had grown to include too many players.

“There is a general agreement that the multiplicity of authorities makes it difficult for anyone to move expeditiously,” Dykstra wrote. “Perhaps it would help if there were one less player.”

Dykstra’s resignation will take effect immediately. WTC Memorial Foundation General Counsel Joseph Daniels will serve as acting president.

Dykstra has faced criticism ever since she revealed last month that the foundation she headed had only raised $130 million for the project so far.

The WTC Memorial Foundation suspended its fundraising efforts earlier this month after the price tag soared to nearly $1 billion. Mayor Michael Bloomberg and Governor George Pataki responded by capping the project's budget at $500 million.

The foundation says it’s going to have to make cuts to bring the costs in line with its original budget. Bloomberg and Pataki have appointed developer Frank Sciame to make changes to the memorial design, called “Reflecting Absence,” and pare down the rising project costs.

Any changes Sciame recommends will be reviewed by the mayor and governor, and go up for public comment.

The deadline for recommendations is June 15th. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP