The Statue of Liberty in New York will close for a year from October 28 to undergo a 27.25 million dollar renovation.

The renovation will only take place in the monument. Liberty Island will remain open, the Washington Post reports.
According to the latest fire codes, escape routes should allow the statue to be evacuated within two hours.
However, staircases on either side of the statue's pedestal do not meet current safety standards.
New Jersey's Joseph Construction Corporation of Pine Brook will install "code-complaint" stairways in the monument and upgrade its electrical and fire suppression systems, elevators and bathrooms.
The statue was closed after the September 11 terror attacks for undergoing security renovations, but the base reopened in 2004 after a 20 million-dollar security upgrade.
Built in the 1880s, the statue was a gift from France.
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