A deal has been reached to rebuild a historic church destroyed in the September 11th attacks.
St. Nicholas Greek Orthodox Church stood on Cedar Street for 85 years, but since the attacks, parishioners have been worshipping at a church in Brooklyn.
Under the agreement signed by Governor Andrew Cuomo, the church and the Port Authority, St. Nicholas will be rebuilt to three times its original size.
The Port Authority will pay for site work and underground infrastructure, while the archdiocese will pay for construction of the chapel.
The two sides say rebuilding the church will have no impact on the construction at the rest of the World Trade Center site.
Mayor Michael Bloomberg released a statement calling the destruction of the church a "terrible loss" and says he was glad to be of assistance in reaching a solution.