1WTC contractor claims Port Authority refuses to pay $87M

Collavino Construction Company filed for Chapter 11

TRD New York /
Feb.February 25, 2015 11:50 AM

The contractor that poured the 105-floor concrete superstructure for One World Trade Center is claiming that the Port Authority of New York & New Jersey refuses to pay $87 million it is owed.

An affiliate of Collavino Construction Company, one of the main contractors on One World Trade Center, has filed for Chapter 11 bankruptcy protection and explained that it can’t pay its suppliers until the Port Authority ponies up, the New York Daily News reported. The company is currently facing seven separate lawsuits by subcontractors and suppliers.

The specialty concrete superstructure that the company was hired for is designed to protect the building’s upper floors in the case of a street-level bomb blast.

Collavino said that it completed the work in 2013 following substantial delays beyond its control, but was stonewalled when it sought payment from the Port Authority. [NYDN] — Tess Hofmann


Related Articles

The architect claims the design, construction and marketing of the tower rips off the design of a tower he planned and modeled for his thesis

Lawsuit over WTC design is whittled down

It’s not just the leaking Oculus: Santiago Calatrava hit with suit over Venice bridge

Kevin O'Toole of the Port Authority with Port Authority Bus Terminal and the Javits Center (Credit: Wikipedia)

Port Authority considering three options for new Midtown bus terminal

Condé Nast lands a second full-floor to sublease its space at 1 WTC

Condé Nast subleases 50K sf at 1 WTC to
cut costs

Silverstein Properties may be part of a hack related to 9/11 documents

Mic, which is reportedly worth $5M, was paying over $2M in rent

Port Authority puts the kibosh on selling
Red Hook Container Terminal