Related hires Tutor Perini for $4B project in NYC

Related Companies has hired Tutor Perini as the general contractor for the $4 billion, 15-year Hudson Yards project in New York City and hopes the move will help bring down construction expenses. The contractor owns several subcontractors and can self-perform much of the work. New York is considered a relatively closed market for contractors, and bringing in Tutor Perini is an "aggressive move" that could stir up competition.

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Crain's New York Business · Daily News (Batavia, N.Y.), The

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