Friday, February 22, 2008
Deutsche Bank, The Smoking Gun
DEUTSCHE BANK (Joy Wiltermuth) It was badly damaged on September 11, 2001 and acquired by the Lower Manhattan Development Corporation to undertake its deconstruction. In August of 2007, a fire broke out at the site killing two firefighters and Morgenthau’s office quickly opened an investigation. Deconstruction has been halted amidst allegations of building code violations, negligence and corruption. Meanwhile, the city and the LMDC have retained prestigious criminal defense firms to deal with Morgenthau’s broadening inquiry and it is still uncertain under what conditions, demolition of the former Deutsche Bank would recommence. Are current building inspection plan realistic, safe or viable in light of the city’s construction boom?
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