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handyman. i'm told that he had contact with this little boy in his basement, had befriended him and given the little boy a dollar. now, we don't know the circumstances about how this came about, but in fact this information led authorities to brung bring in a cadaver dog into that basement which picked up a human scent. that in turn made them bring in a team of investigators and they have been searching this basement all day long. >> so they're basically at this point tearing that basement apart, i imagine? >> reporter: they are. and in fact they also don't have this man in custody, ...

carpenter and and part-time handyman. i'm told he had befriended the boy and given him a dollar. we don't know the circumstances how this came about, in fact this led authorities into that basement picking up a human scent, bringing in a team of investigators, and they've been searching the basement all day long. >> basically tearing the basement apart, i imagine? >> reporter: they are. in fact, they also don't have this man in custody, but they know who he is and where he sand are in contact with him. they're using jackhammers, set up in the grids a cement floor, taken out part of t...

milk carton he vanished in 1979. in 2001 declared legally dead, remains never found. tonight, though, just blocks away from his home in manhattan's soho district, police and fbi agents believe they're on to something. susan candiotti is there for us. what do you know? >> reporter: law enforcement sources tell me that they came here based on new and old information that led them to a man. a man who is now in his mid-70s. but at the satime he was a car carpenter and and befriended the boy and given him a dollar. we don't know the circumstances how this came about, in fact this informat...

areished in 1979. in 2001 declared legally dead, remains never found. tonight, though, just blocks away from his home in manhattan's soho district, police and fbi agents believe they're on to something. susan candiotti is there for us. she has the latest breaking developments. i understand you have something that tells us what led officials to that building. what do you know? >> reporter: law enforcement sources tell me that they came here based on new and old information that led them to a man, a man who is now in his mid-70s. but at the time he was a carpenter and and part-time han...

away from his home in manhattan's soho district, police and fbi agents believe they're on to something. susan candiotti is there for us. what do you know? >> reporter: law enforcement sources tell me that they came here based on new and old information that led them to a man. a man who is now in his mid-70s. but at the time he was a carpenter and and befriended the boy and given him a dollar. we don't know the circumstances how this came about, in fact this led authorize into a basement picking up a human scent, bringing in a team of investigators certaining the searching the basemen...