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WTC Work Moves Forward With Foundation Contracts

NEW YORK CITY-Yonkers Contracting Co. gets the nod from Silverstein Properties to build the foundations for World Trade Center Towers 3 and 4.

By Melissa Kress | Updated on November 20, 2007

NEW YORK CITY-Work on World Trade Center Towers 3 and 4 has taken a step forward now Silverstein Properties has awarded Yonkers Contracting Co. of New York the contracts to build the foundation for the two buildings. World Trade Center 3 will rise at 175 Greenwich St. and World Trade Center 4 will rise at 150 Greenwich St.

The Yonkers Contracting Co. contracts are the first awarded for the $7-billion, five-year construction project that will consist of three new towers rising on the eastern portion of the 16-acre World Trade Center site. The foundation awards for the two towers total $40 million.

The foundation work is slated to begin Jan. 2. According to Silverstein Properties, the initial work will take place 85 feet below Church Street and involve about 50 construction workers. Individual tower footings will be excavated a further 10 feet to 12 feet and the foundation work will enable the towers’ superstructure to begin around six months later, the development company adds.

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