Debate underway over Deutsche Bank site

Deutsche Bank site

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A mixed-used skyscraper that provides residences and shops, along with office space, should be built on the site of the Deutsche Bank building which is scheduled for demolition later this year, Port Authority Executive Director Chris Ward said today. Ward said he saw no reason to wait to build there, on the site of World Trade Center Tower 5, while Deputy Mayor Robert Lieber thinks the space should remain vacant for a decade as the office market recovers. “We’re going to have to be flexible and creative downtown,” Ward told DNAinfo. “Let’s keep our options open to create the best possible
project.” [DNAinfo]