NEW YORK (CBSNewYork/AP) — Plans have been scrapped for a restaurant with panoramic views of New York City atop a skyscraper going up at Ground Zero.

The Port Authority of New York and New Jersey said there won’t be a new Windows on the World-type restaurant at 1 World Trade Center. That dining institution sat atop one of the original twin towers until it was destroyed in the 9/11 attacks.

Executive Director Chris Ward tells the New York Post: “These things are always money-losers.”

He said the authority, which owns the trade center site, was committed to finding the best and most practical use for the space.

Ward told the Daily News: “We don’t build vanity projects at the top of tall buildings.”

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

More From CBS New York

Download Weather App

Watch & Listen LIVE