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News
New Plan for Former Deutsche Bank
Federal and state regulators have approved a new plan to take down the former Deutsche Bank building.
by Matthew Schuerman
NEW YORK, NY February 08, 2008 —REPORTER: Instead of removing contaminants and dismantling the structure at almost the same time, the Lower Manhattan Development Corporation will start with the asbestos abatement.
Then, after returning for more approvals, it will demolish the structure.
Catherine McVay Hughes, vice chairwoman of Community Board 1, says the decision and its approval by regulators is an important step.
HUGHES: A safe project is a speedy project. There will be less people being hurt and there will be less fines and the process will go quicker.
REPORTER: The demolition stopped last August after 2 firefighters died in a blaze at the building.
The LMDC hasn't set a date to resume work, but says it will finish taking down the building by the end of the year.
Vote 2009
WNYC provides analysis of the characters and debates of those running for mayor, comptroller, public advocate, district attorney and City Council. Share your election story or gripe and post your comments on the news blog.
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Financial 411
WNYC's Amy Eddings hosts a daily overview of financial news at 4:30 weekdays which is available via podcast, with highlights from the day and a preview of what you can expect tomorrow.
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