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$45 Million to Demolish a 42-story Building at Ground Zero!

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spooked Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jun-13-05 09:02 PM
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$45 Million to Demolish a 42-story Building at Ground Zero!
Imagine how much it would have cost to demolish the 110-story Twin Towers when their asbestos-laden usefulness had come to an end!

http://www.nydailynews.com/news/local/story/316591p-270846c.html

End looms for damaged 9/11 tower

The end is drawing near for a dark, shrouded ghost of a building overlooking Ground Zero.

The Deutsche Bank tower, ravaged on 9/11 and long draped in protective netting, will be examined tomorrow by bidders on a contract to erect scaffolding prior to demolition.

The Lower Manhattan Development Corp., which acquired the 42-story, asbestos-laden building on Liberty St. last summer, plans to award the contract on July 1 and later choose another firm for the demolition.
The work could begin this summer and take 18 months.

"For the building to come down will certainly be a plus," said Richard Kennedy, chairman of Community Board No. 1. "But it's important that the job be done in a sound, reasonable, environmental manner."
Under a 2004 agreement with Deutsche Bank, the LMDC's demolition costs will be capped at $45 million.

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