Deutsche Bank Building facts for kids
Quick facts for kids Deutsche Bank Building |
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View from the southeast in 1997
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| Alternative names |
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| General information | |
| Status | Demolished |
| Type | Office |
| Location | 130 Liberty Street, Manhattan, New York, United States 10007 |
| Construction started | 1971 |
| Completed | 1973 |
| Opening | 1974 |
| Demolished | 2007–2011 |
| Cost | $120 million |
| Owner | Deutsche Bank |
| Height | |
| Roof | 157.6 m (517 ft) |
| Technical details | |
| Floor count | 39 |
| Design and construction | |
| Architect | Shreve, Lamb and Harmon |
| Developer | Bankers Trust |
| Structural engineer | James Ruderman |
| Main contractor | Turner Construction Company |
The Deutsche Bank Building (once called Bankers Trust Plaza) was a 39-story office skyscraper. It was located at 130 Liberty Street in Manhattan, New York City. The building was right next to the World Trade Center site.
It opened in 1974. However, it had to close after the September 11 attacks in 2001. This was because a lot of dust and debris from the collapsed South Tower spread into it. The building was designed by Shreve, Lamb & Harmon. This same company also designed the famous Empire State Building.
Deutsche Bank bought the building in 1998 when they took over Bankers Trust. The building was a well-known part of the Lower Manhattan skyline. It was taken down between 2007 and 2011. A new building, 5 World Trade Center, will eventually be built in its place. This will make the World Trade Center area larger. The land where the Deutsche Bank Building stood was not part of the original World Trade Center.
Contents
After the September 11 Attacks
Why the Building Was Taken Down
When the South Tower fell on September 11, 2001, it caused a huge 24-story hole in the side of the Deutsche Bank Building. Pieces of steel and concrete stuck out of the building for many months.
Because of the severe damage and widespread contamination, Deutsche Bank decided the building could not be saved. It had to be taken down. During the cleanup, nets were put in the holes to stop anything else from falling. Sad discoveries were also made on the roof of the building in 2005 and 2006. These findings reminded everyone of the tragedy of 9/11.
The cost to take down the building grew. This was because many harmful materials were found inside. These included things like asbestos and lead.
How the Demolition Happened
In 2004, it was decided that the building would be taken down. The Lower Manhattan Development Corporation took over the land. They started the demolition work. On December 7, 2006, news reports said the building would be carefully taken apart. People living nearby were worried about toxic dust from the Twin Towers still being inside the building.
On May 17, 2007, work stopped for a short time. A large pipe fell 35 stories and hit the roof of a nearby fire station. Two firefighters were hurt by falling debris.
On August 18, 2007, a large fire broke out on the 17th floor. It was caused by workers smoking, which was against safety rules. At this time, crews were removing about one floor per week. The building had only 26 floors left to be taken down. Workers were also removing asbestos when the fire started.
The fire spread to 10 floors. The floors were filled with plastic sheets to stop asbestos from spreading. These sheets also trapped the smoke. The building did not have a standpipe, which made it very hard for firefighters to put out the fire. The building had not been checked by inspectors as often as it should have been.
The fire burned for hours. Many firefighters from the New York City Fire Department came to fight it. Sadly, two firefighters, Robert Beddia and Joseph Graffagnino, died from smoke inhalation. The fire also injured 115 other firefighters. Despite the fire, plans to demolish the building continued as quickly as possible. An investigation into the fire led to charges against some people involved in the demolition work.
Work on taking the building apart started again in May 2008. The demolition was supposed to be finished by the end of 2008, then by the end of 2010. Finally, in October 2009, it was announced that the work would continue.
The demolition was fully completed on January 20, 2011. The last part of the building, the first floor and foundation, was removed on February 28, 2011.
Future of the Site
The Port Authority of New York and New Jersey is now in charge of developing the site. The area is currently home to the Vehicular Security Center and Liberty Park. A new building, 5 World Trade Center, is also being planned.
5 World Trade Center
In April 2006, agreements were made about the World Trade Center site. Larry Silverstein, a private developer, gave up his right to build One World Trade Center and Tower Five. In return, the Port Authority helped him pay for Towers Two, Three, and Four.
New York City Mayor Michael Bloomberg thought there wasn't enough need for office space for all five planned skyscrapers. He suggested changing the plan to include homes or hotels instead. However, the need for office space in Manhattan grew a lot after 2006. On January 16, 2007, the investment bank JPMorgan Chase began talking about building a 42-story skyscraper there. This would have stopped Mayor Bloomberg's idea for housing.
JPMorgan Chase wanted a building with large lower floors for trading rooms. The Port Authority hired Kohn Pederson Fox to design a 42-story skyscraper that could include these large trading floors.
On June 14, 2007, Mayor Bloomberg and then-Governor Eliot Spitzer announced that JPMorgan Chase had won the chance to buy and build the new tower. This tower would replace the Deutsche Bank Building. However, after JPMorgan Chase bought another company, Bear Stearns, in 2008, their plans changed. JPMorgan Chase decided to move into Bear Stearns' old building instead.
If JPMorgan Chase does not build on the site, it might be used for homes or a hotel. This was Mayor Bloomberg's original idea. Community leaders have discussed the site's future. Many prefer a hotel or residential building.
Church and Vehicular Security Center
On October 14, 2011, the Port Authority and St. Nicholas Greek Orthodox Church announced an agreement. This allowed the church to build a new church and a center for grieving families at 130 Liberty Street. The original church was destroyed during the 9/11 attacks. It was the only religious building completely lost that day. As of 2020[update], the church is still being built. Construction started again on August 3, 2020. The goal is to finish it by the 20th anniversary of the 9/11 attacks in 2021.
Delays in taking down the Deutsche Bank Building also delayed the completion of the important Vehicular Security Center. These delays added about $100 million to the cost of rebuilding the World Trade Center. The security center was supposed to open in 2013. It finally opened in June 2016, after Liberty Park was finished on top of the garage.
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See also
In Spanish: Deutsche Bank Building para niños
