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New York Construction Report · H1 2026

H1 2026New York renovates at industrial scale.

53,624permits issued
$17.14Bdeclared value
10,725permits a month
  • 5-month permit trend with interactive charts
  • The firms pulling the permits, ranked
  • How New York compares with nine other markets
  • The 13-slide PDF deck, emailed to you on registration
New York Construction Report · H1 2026

H1 2026New York renovates at industrial scale.

The largest permit volume Builtie tracks anywhere, and almost none of it is new construction. 86.8% of New York filings in the half are alterations. The new-building line is 6,161 permits — smaller than Austin's. If you sell into new construction here you are fishing in 11% of the market; if you sell into occupied buildings, this is the deepest pool on the continent.

PREPARED BY Builtie Market COVERAGE February 27, 2026 to Jun 30, 2026 SOURCE New York permit record · live database UPDATED September 8, 2026
53,624
Permits issued
Since February 27, 2026 · no prior-year baseline
$17.14B
Declared construction value
Screened permit-stated cost
$44K
Median permit value
Largest single permit $575.1M
10,725
Permits a month
H1 average · peak Mar 26 at 15,165
01Market Pulse5-month trend

A renovation market that never stops.

Volume runs 12,000 to 15,000 permits a month with no seasonal collapse — the work is indoors and the buildings are already standing. Note the ingest window: New York permits entered the platform on 27 February 2026, so January and most of February are absent and the half-year total is a four-month count.

Permits issued by month

Monthly · Feb 26 to Jun 26

3 signals inside the market

Value concentration

Ten permits carry 12% of the half's value

10 permits out of 53,624 account for $2.06B of $17.14B in screened declared value. The thousands of smaller permits are volume, not dollars.

Largest single permit

$575.1M on one filing

Mpp#442/nyc dev hub filing: application filed for renovations to arthur ashe stadium and updated layouts to o… — 122-02 Roosevelt Avenue Queens. Issued June 8, 2026.

Renovation market

11% new construction, 87% existing buildings

6,161 new-building permits carry 12% of declared value. Value tracks volume here; the work is spread across many mid-sized jobs.

02Where The Work Landsnot yet mappable

We would rather show you nothing than the wrong map.

Known gap

14,164 New York permits carry coordinates and not one of them lands in New York. Our geocoder resolved these addresses against an Ontario context, so they plot in southern Ontario instead — a bug on our side, not a gap in the city's data. We check every coordinate against the bounding box of the city it claims to be in, which is why this section is empty rather than showing you a map of the wrong place.

Re-geocoding is queued. Every other number on this page reads from the permit record itself and is unaffected — the map is the only section that depends on coordinates.

03Who Pulls The Permitsapplicants of record

The name on the permit is usually an engineer.

This is the single most important thing to understand about New York. The applicant of record is overwhelmingly the filing engineer, expediter or testing lab — Robert Derector Associates is an MEP engineering firm, McHenery is a testing lab, Rigid Structural Design is a structural consultancy. They are not the general contractor, and they are on the job months before one is hired. For a trade, that makes them the earliest reachable relationship in the chain rather than a bad match.

Top 10 applicants of record

H1 2026
#Applicant of recordPermitsScreened value
1Always Fast Services Corp 718$1M
2ROBERT DERECTOR ASSOCIATES 576$324M
3MCHENERY TESTING LAB 563$7M
4RIGID STRUCTURAL DESIGN, LLC 438$4M
5VASILIOS ARTEMIOU PE 436$9M
6MOMENTUM SOLAR 402$15M
7PARKER AND WEST ENGINEERING, PLLC 393$15M
8TOM PETERSEN ARCHITECT, LLC 386$20M
9MG ENGINEERING D.P.C. 383$77M
10Farhad Bassiri-Tehrani 367$30M
11FL&M ENGINEERING DESIGN &INSPECTION 355$6M
12PAUL PERDEK, PROF. ENG. PLLC 304$2M
13Soni Engineering Consulting 292$1M
14COSENTINI ASSOCIATES 272$155M
15AMA CONSULTING ENGINEERS, PC 268$79M
16ASR ENGINEERING PC 250$11M
17NY BUILDING ASSOCIATES INC 247$82M
18BRIAN ILL DEVELOPMENT LLC 238$12M
19ELEVATED ENGINEERING NYC 231n/a
20LORING CONSULTING ENGINEERS, INC. 219$139M
04What Is Being Builtwork mix

Eleven per cent new, eighty-seven per cent existing.

87% of classified permits touch a building that already stands; new construction is 11%. New builds carry 12% of the declared value.

Work category

H1 2026 · share of classified permits
  • New construction6,161 11%$2.03B
  • Renovation / alteration46,552 87%$14.93B
  • Demolition911 2%$171M

Permit type as the city files it

H1 2026 · top 4 by count
Permit type table
TypePermitsValue
Alteration41,724$10.97B
New Building6,161$2.03B
Alteration CO4,828$3.96B
Full Demolition911$171M
05The Biggest Jobsby stated cost

The ten largest jobs of the half.

Ranked by the construction cost stated on the permit, after the value screen described in the methodology. These are single permits, not whole developments — a tower can appear as several.

The ten largest permits of the half

Stated construction cost · hover a bar for the job
#WorkApplicantStated cost
1Mpp#442/nyc dev hub filing: application filed for renovations to arthur ashe stadium and updated layouts to obtain new…122-02 ROOSEVELT AVENUE QueensMATTHEW L ROSSETTI ARCHITECT PC$575.1M
2Hereby filing for a new mixed-use building developed as two towers on a 5 story base.495 11 AVENUE ManhattanGENE KAUFMAN ARCHITECT, PC$397.3M
3Alterations of altschul consisting of renovations and additions as per plans and supporting documentation filed herein…46 CLAREMONT AVENUE ManhattanPERKINS&WILL ARCHITECTS, PC$181.5M
4Conversion of existing commercial building to residential under article 1, chapter 5. work to include repositioning of…111 WALL STREET ManhattanGENSLER$154.5M
5Nyu - loh - bulk oxygen as per plans. no change in use, egress or occupancy.301 EAST 17 STREET ManhattanFacility Leaders in Architectural/E$136.0M
6Nyu - loh - mechanical modifications for bulk oxygen . no change in use, egress or occupancy.301 EAST 17 STREET ManhattanR.G. VANDERWEIL ENGINEERS, PC$136.0M
7Construct new thirty-three (33) story mixed-use building as per plans filed.71 PRINCE STREET BrooklynAUFGANG ARCHITECTS$132.0M
8As per hub consultation. the expansion project will be designed & classified as an addition to the existing rbsp & will…1150 ST NICHOLAS AVENUE ManhattanKOHN PEDERSEN FOX$130.0M
9Interior work includes the installation of acoustical window inserts at courtyard-facing rooms. no change to occupancy…325 PARK AVENUE ManhattanACHESON DOYLE PARTNERS ARCHITECTS$115.0M
10Construct new thirteen (13) story building as per plans filed.77 KOSCIUSZKO STREET BrooklynS. WIEDER ARCHITECT P.C.$100.0M
06How This Market ComparesH1 2026, all tracked cities

The same half, in every market Builtie tracks.

Permit counts are directly comparable. Dollar figures are not fully comparable across borders and jurisdictions — each city defines "construction value" its own way, and the coverage column shows how many of its permits state one at all. A market is marked withheld where that share is too low to stand behind.

Permits issued, H1 2026

10 markets · this report highlighted
MarketPermitsYoYScreened valueAvg per costed permitCost coverage
New Yorkthis report53,624n/a$17.14B$376K85%
Miami20,481+0%$9.88B$495K97.4%
Toronto15,118+67%$5.94B$1.1M34.6%
Austin14,915-2%withheldn/a7%
Calgary9,603-14%$2.93B$333K91.6%
Nashville4,287-1%$1.69B$394K100%
Chicago3,667-1%$4.88B$1.3M100%
Seattle3,011-1%$1.80B$604K99.1%
Hamilton2,337-7%$897M$405K94.7%
Vancouver2,036-9%$3.11B$1.6M98.2%
07Methodologyand what we could not measure

What is behind every number above.

A report is only worth the disclosure attached to it. This is the whole of it.

How the figures are built

definitions
Source
New York's own published building-permit record, ingested into the Builtie platform and read live from it. No third-party estimate is mixed in.
Period
Permits issued between February 27, 2026 and June 30, 2026. Applications and cancellations are excluded.
Declared value
The construction cost stated by the applicant on the permit. It is not a contract value, and it excludes land and soft costs. 45,565 of 53,624 permits (85%) state one; the rest contribute to the count and not to the value.
The value screen
Two classes of bad value are removed before any total: any single permit at or above $1,000,000,000, and any value at or above $10,000,000 that repeats on five or more permits in the same city — a parent project total stamped onto its sub-permits, which would otherwise be counted once per sub-permit. 33 New York permits were screened out this half. A percentile trim was tested and rejected: it cannot tell a corrupt value from a genuine large tower.
Rounding
Values are rounded to the nearest million before display; shares are rounded to the nearest whole per cent, so columns may not sum to exactly 100.

What this page does not tell you

known gaps, stated on purpose
No approval timeline
This feed sets the application date equal to the issue date on every row, so we cannot say how long New York takes to approve a permit. The field is 100% populated, which is exactly why it is easy to mistake for real: it is a placeholder, and a "same-day approval" chart drawn from it would be a fabrication. The GTA report carries this section because Toronto publishes a genuine application date.
No density map
14,164 permits carry coordinates and every one of them falls outside New York — our geocoder resolved the addresses against the wrong region. Coordinates are validated against each city's bounding box before anything is plotted, so the section is withheld rather than wrong. Re-geocoding is queued.
Partial half
New York permits entered the platform on February 27, 2026. The counts on this page are everything issued from that date to June 30 — a real count of a shorter window, not a full six months, and not comparable to a full-half figure from another market.
No year-over-year
There is no H1 2025 baseline for this market in the platform, so no growth figure is quoted anywhere on this page.