Updated: April 19, 11:46 a.m.: The city’s developers had an action-packed 2015, but it was their contractors who did the actual building. The Real Deal dug into issued permits data from the Department of Buildings to find out which firms received the city’s go-ahead to stack the most stories, pour the most concrete, and, in the end, created the most new space.
Tishman Construction – 8,242,865 square feet
Tishman Construction, owned by conglomerate AECOM, was issued permits for about 8 million square feet, over three times more than its nearest rival. The builder received permits for an amazing 270 stories across eight projects, with by far the largest being the Related Companies’ 30 Hudson Yards, also known as 500 West 33rd Street. Brookfield Properties’ One Manhattan West at 401 Ninth Avenue also featured prominently among Tishman’s 2015 projects.
Lend Lease Construction – 2,572,569 square feet
Lend Lease US, the American division of the global construction firm headquartered in Australia, received permits for four projects in 2015, but the two that counted were both luxury condominium projects for Gary Barnett’s Extell Development. Lend Lease is working on both the Central Park Tower at 217 West 57th Street in Midtown, which is slated to sell out at $4.4 billion, and the $1.87 billion One Manhattan Square at 250 South Street. (Note: the developer uses the address 252 South Street.)
Turner Construction – 2,313,067 square feet
Hudson Square-based Turner Construction got the city’s permission to build five large projects in 2015. Its biggest were two hospital buildings: a new 17-story facility for New York Presbyterian Hospital at 1283 York Avenue in Lennox Hill and a new building at the Memorial Sloan Kettering Center complex on the Upper East Side. Turner, a subsidiary of German company Hochtief, also received the right to build two new structures at Park Tower Group’s Greenpoint Landing development.
Two Trees Management – 2,180,450 square feet
Two Trees Management obtained permission to build four residential buildings on its own behalf – totaling 1,720 units – at the site of the former Domino Sugar factory on the Williamsburg waterfront.
Hudson Meridian Construction – 2,115,122
Financial District-based Hudson Meridian received permits for four major projects in 2015, all in the outer boroughs. They were dominated by Tishman Speyer and H&R Real Estate Investment Trust’s huge three-building residential complex in Long Island City. That project was projected to cost $875 million. The firm also received the city’s permission to build Red Apple Group’s residential project at 86 Fleet Place in Downtown Brooklyn.
Clarification: A previous version of this post listed Two Trees Management as 316 Kent Construction LLC, an entity owned by the company.
Correction: A previous version of this post identified the Greenpoint Landing properties’ developers as both Park Tower Group and L+M Development.