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March 7, 2011

Philip B. Schwab - a legend in the wrecking business



The New York Times has a gem of an article pointed out to us by Rob the Wrecher about Philip B. Schwab, the so-called legend of the wrecking business in New York City.

Schwab is now in his eighties, but has a colorful history in the demolition business. He domilshed the old Madison Square Garden and the original Yankee Stadium. He's also been prosecuted for 5 criminal cases, declared multiple bankruptcies, and had to start using bank accounts not in his name to stop the government from taking all his money.

It's a fascinating read for people in our industry, especially when you consider demolition still isn't regulated in NYC. As Schwab so eloquently puts it:

"In New York City, if you got the money and somebody is crazy enough to give you the job, you can take down the Empire State Building"

You can read the article over at The New York Times

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