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Encyclopedia > Deutsche Bank Building
This article documents a current event.
Information may change rapidly as the event progresses.
For the current Deutsche Bank building, see 60 Wall Street
View from the southeast in 1997.
View from the southeast in 1997.
View during deconstruction in December 2006.
View of the site following the attacks. The Deutsche Bank Building is visible in the upper-righthand quadrant of the picture (behind an angled red crane).

The Deutsche Bank Building at 130 Liberty Street in New York City, United States, was built as Bankers Trust Plaza and opened in 1974 and is slated to be deconstructed in 2007. Bankers Trust was acquired by Deutsche Bank in 1998. Image File history File links Current_event_marker. ... Deutsche Bank AG (NYSE: DB) (German for German Bank) is a multinational bank operating worldwide and employing almost 70,000 people (2004). ... Image File history File links Download high resolution version (600x934, 105 KB) Summary Deutsche Bank Building 130 Liberty Street in New York City, NY from 1997. ... Image File history File links Download high resolution version (600x934, 105 KB) Summary Deutsche Bank Building 130 Liberty Street in New York City, NY from 1997. ... Image File history File linksMetadata Download high resolution version (1536x2048, 1065 KB) Summary Taken by contributor. ... Image File history File linksMetadata Download high resolution version (1536x2048, 1065 KB) Summary Taken by contributor. ... Image File history File links Download high resolution version (1024x768, 153 KB)NOAA photo taken in the days following the September 11, 2001 Terrorist Attack. ... Image File history File links Download high resolution version (1024x768, 153 KB)NOAA photo taken in the days following the September 11, 2001 Terrorist Attack. ... New York, New York and NYC redirect here. ... Deconstruction of a Building. ... The Bankers Trust is a historic American banking organisation that was acquired by Deutsche Bank in 1998. ... Deutsche Bank AG (ISIN: DE0005140008, NYSE: DB) (English: ) is a bank operating worldwide and employing more than 75,000 people (June, 2007). ...


The 40-story building was severely damaged by the collapse of the 2 World Trade Center (South Tower) in the September 11, 2001 terrorist attacks. The collapse of 2 World Trade Center tore a 24-story gash into the facade and destroyed the lobby. As of July 2005, the Deutsche Bank Building was the only real visible sign that a large-scale disaster had occurred at the site, the gaping hole in its front serving as an eerie reminder of the tragedy. The building was declared a total loss in 2004. The World Trade Center in New York City (sometimes informally referred to as the WTC or the Twin Towers) was a complex of seven buildings in Lower Manhattan, mostly designed by American architect Minoru Yamasaki and developed by the Port Authority of New York and New Jersey. ... The World Trade Center on fire The September 11, 2001 attacks were a series of coordinated terrorist attacks against the United States on September 11, 2001. ...

Contents

Aftermath

After the 9/11 attacks, netting that had the appearance of a black burial shroud was placed around the building. The bank maintained that the building could not be restored to habitable condition, while its insurers sought to treat the incident as recoverable damage rather than a total loss. Work on the building was deferred for over two years during which the condition of the building deteriorated. The fire sprinkler system had sprayed excessive water in the building, which caused black mold to grow, making the building unsafe. Fire sprinklers are an active fire protection measure subject to stringent bounding. ... Binomial name Aspergillus niger P.E.L. van Tieghem Aspergillus niger is a fungus and one of the most common species of the genus Aspergillus. ...


In 2002, over a year after the attacks, a number of mummified human remains were found inside the building. The remains had been ejected there by the explosions across Liberty Street. Additionally, in September 2005, even more human remains were found on the roof.[1] In March 2006, construction workers who were removing toxic waste from the building before deconstruction found more bone fragments and remains. This has prompted calls from victims' family members for another search of the building by forensic experts. In 2006 between April 7 to April 14, over 300 human bone fragments were discovered in the ballast gravel on the roof. Workers sifted through the gravel to find these remains. In total, more than 700 bone fragments were discovered on the roof of the building.


The cost of this deconstruction (photo right) has steadily increased as large amounts of 9/11 toxins, asbestos, dioxin, lead, silica, quartz, polycyclic aromatic hydrocarbons, chromium and manganese have been found in the building.


On February 27, 2004, an agreement was announced to settle the disposition of the building and insurance claims. Later that year as part of this agreement, the Lower Manhattan Development Corporation acquired the land and commenced its deconstruction.[2] is the 58th day of the year in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... The Lower Manhattan Development Corporation (LMDC) was formed after the September 11 attacks to plan the reconstruction of Lower Manhattan and distribute nearly $10 billion in federal funds aimed at rebuilding downtown Manhattan. ...


Deconstruction

An Associated Press December 7, 2006 report indicates that the building will be dismantled. This report indicated that area residents were fearful of the 9/11 toxins in the dust within the building. [3]


Deconstruction began in March 2007. [4][5] On May 17, 2007, work was halted after a 22-foot section of pipe being cut by workers fell 35 stories and through the roof of "The Ten House", home to Engine 10 and Ladder 10 of the Fire Department of New York. Two firefighters were injured by debris, although they were not struck by the pipe itself.[6] is the 137th day of the year (138th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... The New York City Fire Department or the Fire Department of New York (FDNY) has the responsibility for protecting the citizens and property of New York Citys five boroughs from fires and fire hazards, providing emergency medical services, technical rescue as well as providing first response to biological, chemical...



On August 18 2007 A 7 Alarm fire broke out in the upper floors, of the building, which now stands at 26 stories, killing two New York City fire fighters. The cause of the fire, is as of yet unknown.[7] is the 230th day of the year (231st in leap years) in the Gregorian calendar. ...


Future of the 130 Liberty Street site

Main article: World Trade Center Tower 5

Negotiations over the World Trade Center site concluded in April 2006 with private developer Larry Silverstein yielding his right to develop on the site designated for Tower Five to the Port Authority of New York and New Jersey in exchange for assistance in financing Towers Two, Three, and Four.[citation needed] Bloomberg later claimed there wasn't enough demand for office space to fill the five towers included in the World Trade Center's master plan and called for a major revision of the plan to include housing and hotels. But the demand for Manhattan office space, including downtown, has boomed since 2006, and on January 16, 2007, financial giant JPMorgan Chase was in talks with the Port Authority about developing the Deutsche Bank building area aka 5 World Trade Center skyscraper into a corporate tower, which would prevent Mayor Bloomberg's push to use the site for housing. The unofficially named World Trade Center Tower 5 is a proposed building in New York City. ... The World Trade Center site destruction, 2001 in 2006 The World Trade Center site is the 16-acre (6. ... 7 World Trade Center Larry A. Silverstein (born 1932 in Bedford-Stuyvesant in Brooklyn, New York) is a Jewish American billionaire real estate investor and operator and the head of Silverstein Properties, a real estate development group. ... Tolls collected at the Holland Tunnel and other crossings help fund the Port Authority. ...


Several sources familiar with JPMorgan Chase's talks with state and Port Authority officials said the firm's bid to develop the proposed 57-story tower for major corporate tenants is being taken seriously by the bistate agency. In fact, sources said, JPMorgan Chase is not the only corporate bidder for the site. JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. ... JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. ...


To make the commercial deal work, the Port Authority would have to agree to expand the size of Tower 5's base in order to accommodate the large, lower-level floors needed for trading rooms, a requirement for most financial-services firms.


On Thursday June 14th 2007 Mayor Bloomberg and Governor Spitzer announced that JP Morgan Chase wins the bid to buy and build the new tower at 130 Liberty Street to replace the Deutsche Bank Building.


See also

Ground Zero debris with markup showing building locations. ... There has been growing concern over the health effects of the September 11, 2001 attacks in the Financial District of lower Manhattan. ...

References

  1. ^ Lower Manhattan Development Corporation. Frequently Asked Questions - 130 Liberty Street and Findings of Potential Human Remains. Retrieved on 2006-09-12.
  2. ^ Governor's Press Releases (2004-02-27). GOVERNOR PATAKI: DEUTSCHE BANK SETTLEMENT REACHED. New York State. Retrieved on 2006-09-12.
  3. ^ http://www.nytimes.com/aponline/us/AP-Toxic-Tower.html?_r=1&oref=slogin
  4. ^ http://select.nytimes.com/gst/abstract.html?res=F60814FB355B0C738DDDAB0894DF404482
  5. ^ http://www.downtownexpress.com/de_197/questionspile.html
  6. ^ Greg B. Smith. "Debris from WTC skyscraper hits firehouse", The New York Daily News, May 17, 2007. Retrieved on 2007-05-17. 
  7. ^ {{cite news|url=http://www.foxnews.com/story/0,2933,293713,00.html<ref> ===Fire=== On [[August 18]], [[2007]], there was a seven-alarm fire on the 15th to 17th floor levels, in which NBC News Channel 4 reports that two NYC firefighters have been killed due to injuries caused from fighting the blaze.<ref>http://www.huffingtonpost.com/2007/08/18/smoke-over-lower-manhatta_n_60978.html <ref>http://www.newsday.com/news/local/newyork/ny-bc-ny--deutschebank-fire0818aug18,0,6682629.story?coll=ny_home_rail_headlines</li></ol></ref>

Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ... is the 255th day of the year (256th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday (link displays full 2006 calendar) of the Gregorian calendar. ... is the 255th day of the year (256th in leap years) in the Gregorian calendar. ... New York Daily News Building, Raymond Hood, architct, rendering by Hugh Ferriss The New York Daily News is one of the largest newspapers in the United States with a circulation well over 700,000. ... is the 137th day of the year (138th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... Year 2007 (MMVII) is the current year, a common year starting on Monday of the Gregorian calendar and the AD/CE era. ... is the 137th day of the year (138th in leap years) in the Gregorian calendar. ...

External links


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