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The cost of this deconstruction has steadily increased as large amounts of 9/11 toxins, asbestos, dioxin, lead, silica, quartz, polycyclic aromatic hydrocarbons, chromium and manganese have been found in the building.
On February 27, 2004, an agreement was announced to settle the disposition of the building and insurance claims. Later that year as part of this agreement, the Lower Manhattan Development Corporation acquired the land and commenced its deconstruction.
An Associated Press December 7, 2006 report indicates that the building will be dismantled. This report indicated that area residents were fearful of the 9/11 toxins in the dust within the building.