LONG ISLAND CITY, N.Y.--()--KSW, Inc. (Amex: KSW) announced that during this week the Company was awarded two new projects on West Street in downtown Manhattan. The contracts total approximately $14,600,000.
“We continue to use our value engineering skills to save our clients money and they continue to reward us with their new projects.”
The first project is a 15-story condominium, designed by Robert A. M. Stern, and being developed by Related Properties, LLP. This is the third project where KSW is working with this prestigious developer.
The other project is a rental apartment building being developed by The Jack Parker Corporation, a new KSW client. KSW was recommended to this owner by the construction manager, Gotham Construction Co., Inc., with whom KSW is currently working on three other projects.
KSW’s CEO, Floyd Warkol, commented: “We continue to use our value engineering skills to save our clients money and they continue to reward us with their new projects.”
About KSW
KSW, Inc., through its totally-owned mechanical subsidiary KSW Mechanical Services, Inc., furnishes and installs heating, ventilating and air conditioning (HVAC) systems and process piping systems for institutional, industrial, commercial, high-rise residential and public works projects. KSW Mechanical Services, Inc. also acts as trade manager on larger construction projects, such as New York Presbyterian Cardiovascular Center.
Safe Harbor Statement
Certain statements contained in this press release are not historical facts, and constitute “forward-looking statements” (as such term is defined in the Private Securities Litigation Reform Act of 1995). These forward looking statements generally can be identified as statements that include phrases such as “believe”, “expect”, “anticipate”, “intend”, “plan”, “foresee”, “likely”, “should”, “will” or other similar words or phrases. Such forward-looking statements concerning management’s expectations and other similar matters involve known and unknown risks, uncertainties and other important factors that could cause the actual results to differ materially from any future results, performance or achievements discussed or implied by such forward-looking statements. Such risks, uncertainties, and other important factors that could cause actual results to differ materially from expectation of the Company include, among others, the outcome of the year end audit, further internal review of the Company’s historical financial statements and AMEX’s determination that the Company meets AMEX’s listing requirements. All written and oral forward-looking statements of or attributable to the Company or persons acting on behalf of the Company are qualified in their entirety by such factors. The Company disclaims any obligation or undertaking to provide any updates or revisions to any forward-looking statement to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which the forward-looking statement is based.

