Top general contractors for ground-up construction


General contractors in the New York market are coping with various industry pressures, from a shortage of qualified labor to foggy economic and geopolitical forecasts. Those economic pressures are forcing many general contractors to make some tough choices and explore innovative alternatives.

Against that backdrop, TRD set out to determine which companies grabbed the most work for new builds and renovations in a recent 12-month period by reviewing hundreds of permit applications filed with the city’s Department of Buildings between April 1, 2018, and March 31, 2019.

Collectively, the top 20 ground-up builders received permits for 11 million square feet of work during the period, down from 16.3 million in our May 2018 analysis. The top 20 firms for interior work filed plans for $3.12 billion worth of projects, a slight drop from the $3.75 billion that TRD calculated for the prior 12 months.

Turner Construction took the top spot with 3.1 million square feet of projects in the works. Its rise in the ground-up construction ranks came as several of the previous list’s top firms — AECOM Tishman, New Line Structures & Development, Gilbane Building Company and Omnibuild — cleared their plate of new permits. TRD only examined “new starts,” not projects already in the works or that changed general contractors.

 
James Donaghy Structure Tone
James Donaghy
Structure Tone
Nicholas Lettire Lettire Construction
Nicholas Lettire
Lettire Construction

Ground-up giants

RANKFIRMTOTAL SQ. FT.TOTAL NO. OF PROJECTS
1Turner Construction3.1M3
2Structure Tone1.7M6
3Lendlease729,567.004
4Mega Contracting Group621,220.007
5Monadnock Construction608,667.003
6Chateau GC459,548.003
7Lettire Construction422,934.001
8Barr & Barr412,031.001
9Triton Construction403,365.002
10Procida Construction349,023.002
11Real Builders343,767.002
12CM & Associates332,157.003
13Plaza Construction316,913.002
14W & L Group239,426.001
15Prestige Construction NY210,214.008
16Galaxy General Contracting196,970.003
17Noble Construction Group175,753.002
18Hunter Roberts Construction Group171,331.001
19Pinnacle Commercial Development166,596.002
20DP Group General Contractors131,546.004
Source: First published in the May 2019 issue of The Real Deal. TRD analysis of initial new building (NB) permits issued between April 1, 2018 and March, 31, 2019 by the NYC Dept. of Buildings. New building construction was ranked by square footage. The data includes work permitted by the DOB and excludes work approved by other agencies. It only includes work where the general contractor is specifically listed on the DOB permit. All firms were contacted, but not all participated.

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