Complex sentence: Libeskind later denied a request to place the tower in a more rentable location next to the PATH station and instead placed it a block west, because in profile it would line up with, and resemble, the Statue of Liberty.
Split into simpler sentences: Libeskind later denied a request to place the tower in a more rentable location next to the PATH station. He instead placed it another block west, as it would then line up with, and resemble, the Statue of Liberty.