In an agreement announced today, the City of New York will pay more than $365,000 to settle a lawsuit brought by people whose property was destroyed when the New York Police Department raided Zuccotti Park and evicted Occupy Wall Street on November 15, 2011.

Occupy Wall Street had brought the suit against the city over the destruction of the People's Library, a collection of about 5,500 donated books that formed a central part of the community that sprung up for two months in the park. In the eviction, many of the books were completely destroyed, and others were so badly damaged as to be unusable. Occupy Wall Street claimed $47,000 in damages, all of which the city agreed to pay today.