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March 2, 2007
FCRC PRESS RELEASE:
12 STRUCTURES TO BE RAZED AS PART OF ATLANTIC YARDS PREP WORK
100% of Contracts Worth Over $2 Million Awarded to Minority-Owned Demolition Firms
(Brooklyn, NY) – March 1, 2007 – Forest City Ratner Companies (FCRC) today announced that phase one of Atlantic Yards construction will proceed next week with the demolition of 12 buildings owned by FCRC. Demolition will continue at 179 Flatbush Avenue, and abatement of an additional 12 buildings will begin as part of the preparatory work to demolish those buildings. Demolition of the 12 structures will be handled by minority-owned firms.
“In the coming months and years we will be transforming the open rail yards and underutilized buildings into a vibrant community anchored by the state-of-the-art Barclays Center,” said Bruce Ratner President and CEO of FCRC. “This is a major step forward for the development and our commitment to minority- and women-owned firms.”
Jobie Demolition & Contracting, a Brooklyn-based minority-owned firm; Sukram & Sons Trucking Ltd, a minority-owned firm; and Cole Partners, a Brooklyn-based minority-owned firm, have been contracted to remove the structures. Cole is also in the process of demolishing 179 Flatbush Avenue, as was announced last week. “When we created the Atlantic Yards CBA, we made a commitment to do everything we could to further minority- and women-owned businesses and open new doors of opportunity. Today’s announcement is another example of our dedication and commitment to the CBA,” said Mr. Ratner.
The value of the demolition contracts awarded to minority-owned firms in this phase is approximately $2 million. Each of the contracted firms was chosen based on a competitive bid process. The work is expected to take five months to complete. FCRC’s commitment outlined in the Community Benefits Agreement (CBA) calls for at least 20% of the construction contract dollars to go to minority-owned and 10% to women-owned businesses, and 35% of construction workers to be minorities and 10% women. All construction and demolition work in conjunction with the Atlantic Yards development will be done with 100% union labor.
Beginning next week abatement work - the removal of hazardous substances such as asbestos - will begin on these buildings. The abatement will take 2-3 weeks to complete for most buildings, longer for some of the larger buildings. Water and sewer connections to the buildings have been cut off. Other utilities will be cut before demolition.
Posted by lumi at March 2, 2007 9:20 AM