The Deutsche Bank Building at 130 Liberty Street in New York City, United States, adjacent to the World Trade Center (WTC), opened in 1974 as Bankers Trust Plaza. The building was acquired by Deutsche Bank when it acquired Bankers Trust in 1998. The Deutsche Bank Building was heavily damaged in the September 11, 2001 attacks after being blasted by the avalanche of debris, ash, dust and smoke that spread from WTC. The building has been in ruins ever since, and was completely demolished by the end of 2008. World Trade Center Tower 5 will replace the building, expanding the ground space on which the World Trade Center will stand, as this land was not part of the original World Trade Center. The building was designed by Shreve, Lamb and Harmon which also designed the Empire State Building. The 40-story building was damaged by the collapse of 2 World Trade Center (South Tower) in the September 11, 2001 terrorist attacks. The collapse of 2 World Trade Center tore a 24-story gash into the facade and destroyed the entire interior of the building. Steel and concrete were sticking out of the building for months afterward. This was eventually cleaned up but it was decided that the 42 story ruin was to be taken down. After the 9/11 attacks, netting that had the appearance of a black burial shroud was placed around the remains of the building. The bank 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.
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