The COVID-19 shutdowns of construction sites in New York and New Jersey during the first half of 2020 and financial concerns had a clear impact on the Top Starts list of projects that broke ground last year.
For the top 40 projects within the list of 60 ranked, compiled mostly from Dodge Data & Analytics as well as from information submitted by firms, the total cost of projects was $6.17 billion. That’s a steep drop of almost 62% from the $16.22 billion value of the largest 40 projects that began construction in 2019. But some sectors fared better than others.