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NEW YORK CITY-In a draft deconstruction plan, the Lower Manhattan Redevelopment Corp. detailed the specifics of the process that will be used to take the 1.4 million-sf Deutsche Bank building down. The office at 130 Liberty Street was heavily damaged in the Sept. 11, 2001 terrorist attacks when debris from the World Trade Center broke windows and cut a 15-story gash in the north façade. It has been draped in a black shroud and vacant since that day.

The building was subsequently the subject of litigation until earlier this year when an accord was reached between Deutsche Bank and its insurers. Under the terms of that accord, the LMDC purchased the land and agreed to pay for the deconstruction. The two-phase process is expected to begin in January. Approximately $164 million has been earmarked for the effort.

Phase I will involve abatement, cleaning and removal of specified WTC dust within the building, and “soft strip and interior gut” of most interior non-structural materials, as well as the erection of the tower crane and hoist on the site. Phase II will include the abatement of identified asbestos-containing building materials associated with the exterior of the structure, the disassembly and removal of some remaining interior non-structural materials, removal of rooftop mechanical equipment and the remaining building envelope, and then finally the structural components of the building.

An actual timeline will be decided after the plans are approved by regulatory agencies. It was previously estimated the process would take from five to seven months. The area is key to the Ground Zero redevelopment process. It reduces density on the WTC site by moving the proposed fifth office tower to the property and creating approximately 30,000 sf of open space. Also planned is underground tourist bus parking and a truck security spot.

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