
The Deutsche Bank Building (formerly Bankers Trust Plaza) was a 39-story office building located at 130
Liberty Street in
Manhattan
Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...
, New York City, adjacent to the
World Trade Center site
The World Trade Center site, often referred to as " Ground Zero" or "the Pile" immediately after the September 11 attacks, is a 14.6-acre (5.9 ha) area in Lower Manhattan in New York City. The site is bounded by Vesey Street to the north ...
. The building opened in 1974 and closed following the
September 11 attacks
The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into ...
in 2001, due to
contamination
Contamination is the presence of a constituent, impurity, or some other undesirable element that renders something unsuitable, unfit or harmful for the physical body, natural environment, workplace, etc.
Types of contamination
Within the scien ...
that spread from the
collapse of the South Tower. The structure was designed by
Shreve, Lamb & Harmon
Shreve, Lamb, and Harmon, founded as Shreve & Lamb, was an architect, architectural firm best known for designing the Empire State Building, the tallest building in the world at the time of its completion in 1931. The firm was prominent in the pr ...
, which also designed the
Empire State Building
The Empire State Building is a 102-story, Art Deco-style supertall skyscraper in the Midtown South neighborhood of Manhattan, New York City, United States. The building was designed by Shreve, Lamb & Harmon and built from 1930 to 1931. Its n ...
.
The building was purchased by
Deutsche Bank
Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.
...
when it acquired
Bankers Trust in 1998. It was part of the skyline of
Lower Manhattan
Lower Manhattan, also known as Downtown Manhattan or Downtown New York City, is the southernmost part of the Boroughs of New York City, New York City borough of Manhattan. The neighborhood is History of New York City, the historical birthplace o ...
, and was demolished between 2007 and 2011.
5 World Trade Center will eventually replace the building, expanding the ground space on which the
World Trade Center stands, as this land was not part of the
original World Trade Center
Originality is the aspect of created or invented works that distinguish them from reproductions, clones, forgeries, or substantially derivative works. The modern idea of originality is according to some scholars tied to Romanticism, by a notion t ...
.
September 11th
The collapse of the
South Tower during the
September 11 attacks
The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into ...
tore a 24-story gash into the facade of the building, knocked out a load-bearing column,
and destroyed 158,000 square feet of floor space. Additionally, an elevated plaza that was located at the base of the building was destroyed by the collapse.
One person is known to have died within the building during the attacks.
After the September 11 attacks
Plans

Steel and concrete protruded from the building for months afterward, which was eventually cleaned up. However, due to extensive contamination,
Deutsche Bank
Deutsche Bank AG (, ) is a Germany, German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.
...
decided that the 39-story ruin was to be taken down. During the cleanup and recovery period, netting was placed inside gashes and holes to prevent collapse. The owner 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.
In September 2005, human remains were found on the roof,
and in March 2006, construction workers found more bone fragments and remains. This prompted calls from victims' family members for another search of the building by forensic experts. Between April 7 and 14, 2006, more than 700 human bone fragments were discovered in the ballast
gravel
Gravel () is a loose aggregation of rock fragments. Gravel occurs naturally on Earth as a result of sedimentation, sedimentary and erosion, erosive geological processes; it is also produced in large quantities commercially as crushed stone.
Gr ...
on the roof.
The cost of demolition had steadily increased to $75 million by
Bovis Lend Lease, as large amounts of
asbestos
Asbestos ( ) is a group of naturally occurring, Toxicity, toxic, carcinogenic and fibrous silicate minerals. There are six types, all of which are composed of long and thin fibrous Crystal habit, crystals, each fibre (particulate with length su ...
,
dioxins, lead,
silica
Silicon dioxide, also known as silica, is an oxide of silicon with the chemical formula , commonly found in nature as quartz. In many parts of the world, silica is the major constituent of sand. Silica is one of the most complex and abundant f ...
,
quartz
Quartz is a hard, crystalline mineral composed of silica (silicon dioxide). The Atom, atoms are linked in a continuous framework of SiO4 silicon–oxygen Tetrahedral molecular geometry, tetrahedra, with each oxygen being shared between two tet ...
,
polycyclic aromatic hydrocarbons,
chromium
Chromium is a chemical element; it has Symbol (chemistry), symbol Cr and atomic number 24. It is the first element in Group 6 element, group 6. It is a steely-grey, Luster (mineralogy), lustrous, hard, and brittle transition metal.
Chromium ...
, and
manganese
Manganese is a chemical element; it has Symbol (chemistry), symbol Mn and atomic number 25. It is a hard, brittle, silvery metal, often found in minerals in combination with iron. Manganese was first isolated in the 1770s. It is a transition m ...
had been found within the building.
Demolition
In 2004, an agreement was announced to settle the disposition of the building and
insurance claim
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ...
s. As part of this agreement, the
Lower Manhattan Development Corporation
The Lower Manhattan Development Corporation was formed in November 2001, following the September 11 attacks, to plan the reconstruction of Lower Manhattan and distribute nearly $10 billion in federal funds aimed at rebuilding downtown Manhattan. ...
acquired the land and commenced demolition work.
On December 7, 2006, the
Associated Press
The Associated Press (AP) is an American not-for-profit organization, not-for-profit news agency headquartered in New York City.
Founded in 1846, it operates as a cooperative, unincorporated association, and produces news reports that are dist ...
reported that the building would be dismantled. The report indicated that nearby residents were fearful of possible toxic dust associated with the Twin Towers within the building.
Deconstruction began in March 2007, but on May 17, 2007, work was halted after a 22-foot section of pipe fell 35 stories and landed on the roof of "The Ten House", home to Engine 10 and Ladder 10 of the
New York City Fire Department
The New York City Fire Department, officially the Fire Department of the City of New York (FDNY) is the full-service fire department of New York City, serving all Boroughs of New York City, five boroughs. The FDNY is responsible for providing Fi ...
. Two firefighters were injured by falling debris, although they were not struck by the pipe itself.
On August 18, 2007, at approximately 3:40 pm, a
seven-alarm fire broke out on the 17th floor of the building, caused by workers
smoking
Smoking is a practice in which a substance is combusted, and the resulting smoke is typically inhaled to be tasted and absorbed into the bloodstream of a person. Most commonly, the substance used is the dried leaves of the tobacco plant, whi ...
in violation of the building's safety rules. Around this time, crews were removing one floor per week, and the building had only 26 more. At the time of the fire, crews were removing
asbestos
Asbestos ( ) is a group of naturally occurring, Toxicity, toxic, carcinogenic and fibrous silicate minerals. There are six types, all of which are composed of long and thin fibrous Crystal habit, crystals, each fibre (particulate with length su ...
. The fire spread in both directions, affecting a total of 10 floors. The floors were also filled with a maze of protective
polyethylene
Polyethylene or polythene (abbreviated PE; IUPAC name polyethene or poly(methylene)) is the most commonly produced plastic. It is a polymer, primarily used for packaging (plastic bags, plastic films, geomembranes and containers including bott ...
sheets, which were designed to prevent the spread of asbestos, and also trapped smoke. The building lacked a
standpipe due to workers cutting the pipes needed to supply water to the building, making it extremely difficult to put out the fire. The building had not been inspected since March, when it should have been inspected every 15 days. The fire burned into the night before being extinguished, and numerous special and support units responded from the New York City Fire Department to combat the fire. The fire killed two FDNY firefighters, Robert Beddia of Engine Company 24, and Joseph Graffagnino of Ladder Company 5, who succumbed on the 14th floor to
smoke inhalation
Smoke inhalation is the breathing in of harmful fumes (produced as by-products of combusting substances) through the respiratory tract. This can cause smoke inhalation injury (a kind of acute inhalation injury) which is damage to the respirator ...
and
carbon monoxide poisoning
Carbon monoxide poisoning typically occurs from breathing in carbon monoxide (CO) at excessive levels. Symptoms are often described as " flu-like" and commonly include headache, dizziness, weakness, vomiting, chest pain, and confusion. Large ...
. The fire also injured 115 other firefighters, 46 of which were seriously injured enough to require medical leave. Plans to demolish the building continued as quickly as possible.
In 2008, the
Manhattan District Attorney indicted three construction supervisors and the demolition subcontractor,
John Galt Corporation. A city stop-work order was lifted in April 2008 and decontamination work began again in May of the same year.
The fire emergency plan filed with the city, had various chapters sending the reader in circles ending up on a page that said call 911, and had no other plan for fire evacuation.
Dismantling was originally scheduled to be completed by the end of 2008, and later by the end of 2010. In October 2009, it was announced that dismantling of the building would finally resume.
Demolition was completed on January 20, 2011, with the removal of the crane. Demolition of the first floor and foundation was finished on February 28, 2011. It was the last part of the building to be removed.
Future
The
Port Authority of New York and New Jersey
The Port Authority of New York and New Jersey, (PANYNJ; stylized, in logo since 2020, as Port Authority NY NJ) is a joint venture between the U.S. states of New York (state), New York and New Jersey, established in 1921 through an interstate c ...
took over the site as its developer. The site is occupied by the
Vehicular Security Center and
Liberty Park, while the
5 World Trade Center is in the planning stages.
5 World Trade Center
On June 14, 2007, Bloomberg and then-Governor
Eliot Spitzer announced that JPMorgan Chase had won the bid to buy and build the new tower at 130 Liberty Street to replace the Deutsche Bank Building. However, after the acquisition of
Bear Stearns
The Bear Stearns Companies, Inc. was an American investment bank, securities trading, and brokerage firm that failed in 2008 during the 2008 financial crisis and the Great Recession. After its closure it was subsequently sold to JPMorgan Chas ...
by JPMorgan Chase in March 2008, the future of 130 Liberty Street has been put into question as JPMorgan Chase has announced that it intends to move into Bear Stearns' old headquarters at
383 Madison Avenue
383 Madison Avenue, formerly known as the Bear Stearns Building, is a , 47-story skyscraper in the Midtown Manhattan neighborhood of New York City, New York, U.S. Built in 2002 for financial services firm Bear Stearns, it was designed by archi ...
. If JPMorgan Chase does not renew their bid, the site would likely be used for a residential or hotel tower, as per Bloomberg's plan prior to JPMorgan Chase's bid. Recently, community and civic leaders met to discuss the site's future with community leaders favoring a hotel or residential development and outgoing deputy mayor Robert Lieber favoring an office tower.
Church and Vehicular Security Center
On October 14, 2011, the Port Authority of New York and New Jersey, which controls rebuilding at Ground Zero, and
St. Nicholas Greek Orthodox Church announced an agreement that allows the church to build a 4,100-square-foot church and interfaith bereavement center at 130 Liberty Street. The original church, which was located at 155 Cedar Street and founded by Greek immigrants in 1916, was the only religious building to be completely destroyed during the 9/11 attacks. , the church had not been completed. Construction restarted after a several year pause on August 3, 2020, with an aim to be completed by the 20th anniversary of the 9/11 attacks in 2021. The church was ultimately consecrated on July 4, 2022 and was fully completed in December 2022.
Delays in taking down the Deutsche Bank at Ground Zero forced the Port Authority to delay the expected completion date of the crucial Vehicular Security Center. Repeated delays had also added roughly $100 million to the cost of rebuilding the World Trade Center. Originally projected to open in 2013, it opened in June 2016 following the completion of
Liberty Park, which is on top of the garage.
See also
*
Collapse of the World Trade Center
The World Trade Center in Lower Manhattan, New York City, was destroyed on September 11, 2001, as a result of al-Qaeda's terror attacks. Two commercial airliners hijacked by terrorists were deliberately flown into the Twin Towers of the com ...
*
Health effects arising from the September 11, 2001 attacks
*
Verizon Building
*
90 West Street
*
List of tallest voluntarily demolished buildings
References
External links
*
Official announcement(archived 13 June 2007)
(archived 18 June 2016)
(archived 26 July 2005)
{{World Trade Center
World Trade Center
Skyscraper office buildings in Manhattan
Office buildings completed in 1973
Buildings and structures demolished in 2011
1973 establishments in New York City
2011 disestablishments in New York City
Demolished buildings and structures in Manhattan
Bank buildings in Manhattan
Burned buildings and structures in the United States
Former skyscrapers
Commercial building fires in New York City