The Real Deal New York

Posts Tagged ‘tutor perini’

  • Determined to cut costs at its $4 billion Hudson Yards project, the Related Companies has reached outside the typical pot of New York City contractors and inked a California company. Crain’s said the impact of the unusual selection could reverberate throughout the city’s local construction industry.

    Related chose Tutor Perini Corp. for the project because, unlike its New York counterparts, the firm owns subcontractors that can complete all facets of the construction project. [more]

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  • The Port Authority of New York and New Jersey has given Perini Civil, a division of Tutor Perini, a $192 million contract to rebuild Greenwich Street, which will allow the public to access the 9/11 Memorial by the 10th anniversary. Perini Civil will need to build the infrastructure below Greenwich Street, remove 170,000 cubic yards of soil and put up the underpinning for the subway line that will pass under the street. The U.S. attorney in Brooklyn is currently investigating Perini Civil for alleged fraud in getting contracts that were supposed to go to minority-owned businesses. Tutor Perini, the parent company, has been criticized for cutting corners to meet tight construction timelines.

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