Newark’s Prudential Center has been named Project of the Year by a trade magazne accoring to this NY Daily News briefing: The Closer: Disclosures, appraisals, flips and splits of New York’s real estate community
The city will also host its first championship boxing match in 60 years at the Rock this weekend.
Congratulations to the Gilbane Building Company and everyone associated with Newark’s Prudential Center arena, which was just named the 2008 Project of the Year by New York Construction News, a trade magazine covering the building industry. After a disagreement between two construction companies, Gilbane took over the job a year and a half into the construction, miraculously delivering the project on time and on-budget to exact specifications.
The Gilbane family was out celebrating Tuesday night, with their annual center table at the Waldorf Astoria hotel for the National Football Foundation’s annual College Hall of Fame dinner, where T. Boone Pickens and Lou Holtz were honored. Gilbane Building, a five-generation construction and development company, has been building the country’s stadiums, hospitals, university buildings and large-scale public projects since 1873. The company is one of the largest builders of public schools in the nation, and it just completed the architecturally stunning Capitol Visitor Center in Washington, D.C.
This weekend, the Prudential Center will hold Newark’s first championship boxing fight in 60 years. That’s a long time coming for a city on the rise whose downtown boxing scene was one of the best in the country in the 1940s.