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

Korman, Richard
April 2005
ENR: Engineering News-Record;4/4/2005, Vol. 254 Issue 13, p19
Trade Publication
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.


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