Work on the National September 11 Memorial Museum has been halted over a budgetary dispute, making it impossible to open on time, New York City Mayor Michael Bloomberg said.
"There's no chance of it being open on time. Work has basically stopped," Bloomberg said during a press conference Thursday.
The museum was scheduled to open on the 11th anniversary of the September 11, 2001, terror attacks.
The Mayor blamed the holdup on "disagreements" with the Port Authority of New York and New Jersey, which is responsible for a portion of project's financing.