The demolition of Giants Stadium got started Thursday
when a giant metal claw attached to a crane started
taking bites out of the cement helix at one of the four
gates around the 34-year-old facility.
Clouds of dust drifted in the air as concrete and rebar
poked through areas where the concrete was ripped away.
The $10 million-plus demolition project will take about
four months with the seats and sod being sold as
memorabilia. Much of the concrete is being used to fill
a 14-foot hole where the field is currently located.
About a dozen construction workers at the adjacent new
stadium that will be home to the Giants and Jets watched
the demolition from an open landing, some taking
pictures with cell phones.
The beginning of the end for the stadium that played
host to more than 1,600 events and had more than 70
million people pass through its turnstiles was lonely.
There were no fans lining up for the so-called final
kickoff.
The only person watching who was not a member of the
media or a construction or demolition worker was Brian
Moran, a 50-year sheet metal worker who was sidelined
with a broken foot. The Carlstadt native who now lives
in Hasbrouck Heights worked on the renovation of Giants
Stadium, the building of the new stadium and the ski
slope on the Xanadu project in the Meadowlands sports
complex.
"I hunted here with my family when I was 10, 40 years
ago," Moran said of the ground on which Giants Stadium
was built. "It was all marsh. We used to launch our
canoes from where Stiletto's go-go bar is located and
had our blinds in here."
Vincent Parziale, the chief executive of Gramercy, the
wrecking and environmental contractors taking down the
stadium, said that Giants Stadium cannot be imploded
because it is too close to the new structure, which is a
30-yard pass away.
The construction started at Gate B, which is closest to
the yet unnamed new stadium, because the spiral in Gate
B overlaps with the concourse on the new stadium.
Parziale said once the area is cleared out, the
demolition crews will start cleaning out Giants Stadium
from the inside and then taking down the building in
sections, working from high to low.
Parziale said it was hard to see an old stadium come
down, noting he was a Jets fans. A split second later,
he noted he was a Giants fan, too.
"There is no emotion," he said. "I am working to making
new memories in the new stadium."
Frank Amicizia, Gramercy's vice president, said the
demolition job was special.
'We're demolishing a piece of history," said Amicizia,
whose fondest memory of Giants Stadium was the first
time he took his son to a game. "We're just happy to be
the ones doing it, especially being a (Westbury) New
York-based contractor."
The new stadium will seat 82,500 fans, including 9,500
club seats and 222 luxury suites. It will be the NFL's
third-largest stadium.
A Bon Jovi concert in late May will officially open the
stadium.
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Vincent Parziale President and CEO - Gramercy Group, Inc.
Vincent Parziale is President and CEO of Westbury-based Gramercy Group Inc., one of the leading demolition company’s in the tri-state area. The company generates $33.5 million in annual revenue and employs more than 200 individuals.
Parziale has achieved tremendous success. A sole-proprietor and self-financed entrepreneur, Parziale started his career in the waste management and disposal industries in 1995 with the formation of Parziale Waste Systems, a company that focused on residential clean ups. During that time, he owned one truck and was an independent owner and laborer. That same year, his company ventured into the roll-off industry and supplied refuse management for job sites in the commercial industry. By 1996, his business expanded and was servicing 25 accounts, employing five laborers and owned and operated three additional roll-off trucks. A year later, he purchased Park Carting. This new venture included three trucks, 25 dumpsters and more than a dozen accounts including Safelite Auto Glass, Grucci Fireworks and Sweet & Low. His next acquisition was Graz Recycling, giving him an opportunity to run four additional trucks and 65 dumpsters and gross a profit of $20,000 a month. His clients included Bio-Botanica Vitamin Manufacturers, Nature’s Answers, Crest Hollow Country Club, Jung Sun Laundry, Village of Roslyn Housing Authority and American Storage and Transfer.
Parziale’s determination and strong entrepreneurial drive has enabled him to take his company to the next level. In 1998, he contracted with Island Chip & Mulch of Smithtown to run their tree yard waste recycling facility.
A person who cares about his community, Parziale volunteers his time to the Cooley’s Anemia Foundation, and, in 2006, will be honored as the organization’s Man of the Year.
He holds a Bachelor’s degree from Hofstra University.
Turnkey Solution’ Locks in Gramercy Growth
By Adina Genn, Long Island Business News
Friday, May 12, 2006
When Vincent Parziale and his partner Frank Amicizia
purchased Westbury-based demolition and environmental
remediation company Gramercy Group in 2000, they had one
phrase in mind: “Turnkey solution."
In Gramercy’s case, the approach means both landing demolition projects and handling environmental concerns, including asbestos abatement. Doing both enables clients to retain one source for the entire process, rather than hiring separate firms for the demolition and the remediation.
Demolition and remediation “go hand in hand,"
said Parziale, 32. “Most old buildings have asbestos."
The strategy has enabled Gramercy to grow from zero sales into the $33.5 million enterprise it is today. The combination of demolition and remediation appeals to owners and developers who want to complete a project seamlessly, rather than starting and then stopping a job to call in specialists if asbestos is discovered, noted Mike McVetty, a CPA and partner of the construction practice group at the Garden City-based accounting firm Margolin, Winer & Evens. It’s a trend McVetty expects will be increasingly embraced by demolition companies.
“Bigger companies will have to do it" in order
to grow, he said, and to win large contracts, “You’re
better off having both."
The partners have always thought big, keeping an eye on the future and environmental integrity. For instance, rather than create a company from scratch, in 1999 they purchased Gramercy Asbestos Consulting because it had a current New York State asbestos remediation license.
“To bid certain government jobs, you need five years consistent asbestos licensing," Parziale noted.
Both Parziale and Amicizia had the relevant industry experience. Parziale had already started up and sold a waste management and disposal company. And Amicizia, once a client of Parziale’s, had demolition and remediation expertise. Amicizia had “taken down high rises and industrial plants," Parziale said.
That expertise has enabled the company to participate in high profile projects, including the Queens West waterfront development, which upon completion will feature residential units, waterfront parks and commercial space.
It’s also enabled the company to land projects as far away as Puerto Rico. The partners learn about many good customers through environmental consultants with whom they have established relationships, according to Parziale.
To build that kind of rapport, a company also needs highly skilled workers. Gramercy’s employees are trained in the removal of asbestos and other hazardous materials, including lead and mercury.
Depending on the project load, the company can employ as many as 600, averaging about 200 full-timers at any given time and pulling from local unions for operating engineers, building laborers and asbestos, lead and hazardous waste removal laborers as required. Gramercy keeps a core group of 28 full-time project managers – 20 specializing in demolition, eight in remediation. And by having licensed environmental workers on staff, Parziale said he has the ability to safely move staff from job to job as needed.
The company finds additional revenue by recycling steel, metal, concrete and brick, and engineering it into a salable product, such as a new foundation for a client.
“It’s good for the environment, and helps clients for future construction," Parziale noted.
Going forward, the company has its sights on bigger projects. Up until recently, the company targeted work ranging from $500,000 to $5 million. Thanks to new bonding worth $50 million, with the capability of getting larger bonds as needed, the company will now pursue projects worth up to $50 million, Parziale said.
