TITLE

New York Times Building Steel Is AMEC's in Pre-Auction Deal

AUTHOR(S)
Korman, Richard
PUB. DATE
April 2005
SOURCE
ENR: Engineering News-Record;4/4/2005, Vol. 254 Issue 13, p19
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that AMEC Construction Management Inc. has struck a deal with the bank and liquidation trustee for Interstate Iron Works Corp. to acquire much of the steel needed for the new New York Times Co. headquarters being built in Manhattan. The settlement avoided the need for New York City-based AMEC to bid for the steel at the two-day March 23-24 auction of the steel fabricator and erector's assets at its headquarters in Whitehouse, New Jersey. Bidders paid a total of $3.56 million for the rest of Interstate's assets, excluding its real estate.
ACCESSION #
16691276

 

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