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$10 million settlement reached in Deutsche Bank fire. Widow of FDNY Firefighter Joseph Graffagnino will get money from contractor & city.

Firefighter Joseph Graffagnino (l) and Firefighter Robert Beddia.

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Read about the Deutsche Bank scandal here, here and here

Almost five years after the deaths of FDNY firefighters Joseph Graffagnino and Robert Beddia word comes that Graffagnino’s widow has reached a $10 million settlement with the city and the contractor over safety issues at the Deutsche Bank building. The building caught fire on August 18, 2007 while it was in the process of being demolished after being damaged in the September 11th attacks. The two firefighters became trapped in a stairwell. Firefighter Beddia’s family previously reached a reported $6 million settlement.

Gregg B. Smith, New York Daily News:

Nearly five years after the tragedy, Bovis Lend Lease has agreed to pay Joseph  Graffagnino’s widow, Linda, and her two small children $9 million, while the  city has signed off on covering another $1 million, documents obtained by the  Daily News show.

The settlement still must be approved by a Manhattan Supreme Court justice,  which is expected at a hearing set for Monday.

The settlement will mark the final chapter in a painful saga that exposed  outrageous incompetence by the contractors tasked with tearing down the wrecked  office tower and their government overseers.

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