Liberty Village demolished on Governors Island

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The Governors Island Preservation and Education Corporation invited the public to watch the demolition of Liberty Village at noon today. Liberty Village is a complex of 10 three-story buildings on Governors Island that were built in 1988 as housing for the Coast Guard, which stopped using the buildings in 1996. The land will eventually be part of a 90-acre area open to the public. Sufficient funds to complete the island’s redevelopment could become hard to find as the city faces a mounting deficit; about $120 million in financing has been invested so far.