The New York Jewish construction firm of David Oltarsh, Inc. has been awarded a $100,000,000 contract by the Roumanian government to build houses for government employes in Bucharest and other large cities. The Oltarsh firm is to do the work in cooperation with another American engineering concern and a number of German contractors.
David M. Oltarsh, president of the company, has been in Bucharest for many weeks negotiating with Premier Maniu and other officials of the government party. Mr. Oltarsh’s contract is signed by M. Clinchy, president of the Roumanian Senate. Special legislation providing for the creation of a funding bank to pay the costs of the housing construction was passed by the Roumanian Parliament during Mr. Oltarsh’s stay in Bucharest.
Mr. Oltarsh, who is 46 years old, is the son of Wolfe Oltarsh, who came here from Russia when he was 16, and is the founder of the Oltarsh Engineering Company. David Oltarsh’s company has built some of the leading buildings in New York, including the Court-Montague Building the Bank of the United States Building, the Bar Building, the 36 Wall Street Building, 400 Madison Avenue, the Gallo and Colony Theatres, and a number of synagogues.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
