Banker Steel Awarded Contract for One Vanderbilt Skyscraper in Manhattan

(One Vanderbilt, rendering from SL Green) 

Banker Steel (an AISC member and certified fabricator) recently announced that it has been awarded the structural steel framing contract for the One Vanderbilt project in New York City — a new, 1,464-ft-high, 1.6 million-sq.-ft building located at 42nd Street and Vanderbilt Avenue, immediately adjacent to Grand Central Terminal. Banker Steel will be under contract to provide all structural steel framing (26,500 tons) for the project as well as responsibility for the erection, beginning next summer. The project is slated for completion in 2020.

SL Green Realty Corporation is the project's developer. Banker Steel will be under contract to Tishman Construction, the general contractor.

"One Vanderbilt is precisely the type of large-scale, complex, heavy steel fabrication project that fits the unique capabilities of Banker Steel," said Don Banker, chief executive officer and co-owner of Banker Steel. "This project will literally transform the New York City skyline, creating a more vibrant district around Grand Central Station. Banker Steel is thrilled to partner with SL Green Realty and Tishman Construction to bring this amazing new office tower, and doorway to Manhattan, to life for thousands of visitors and commuters."

Banker Steel subsidiary NYC Constructors will be erecting the steel that is fabricated at plants located in South Plainfield, N.J. and Lynchburg, Va. Banker acquired New York City-based NYC Constructors and New Jersey-based MRP LLC, together referred to as NYCC, this past March.

For more about the project, visit