In 1985, NSW Environment Minister (and future Premier) Bob Carr announced that the Anthony Horderns Building would be demolished, but the Mark Foys building would be protected.
The argument was that the building had become "derelict", was built with "sub standard materials" and "poor workmanship". Given its uses over the years (even as a carpark in its later years), the reasoning behind its demolition has to be questioned.
It also allowed for Ipoh to proceed with their proposal to redevelop the site and the block bounded by George, Liverpool, Pitt and Goulburn Street into World Square.
Demolition of the Anthony Horderns building occurred the following year.
Source: Glascott, J. 1985. "Hordern emporium for demolition". The Sydney Morning Herald, February 25: 5.
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