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Three Bridge Projects Gave Construction a Lift in 2013

NEW YORK CITY-Starts reached nearly $19 billion last year, jumping by 11% from 2012, according to a new report.

By Rayna Katz | Updated on February 13, 2014

NEW YORK CITY-Due largely to the start of three major bridge projects—as well as ongoing strength in the residential sector—New York City construction starts reached $18.8 billion in 2013, an 11% increase from 2012, according to a New York Building Congress analysis of McGraw-Hill Construction Dodge construction data. 

Construction starts in the public works sector increased in value by 82% last year–from $2.3 billion in 2012 to $4.3 billion in 2013. The number got a major boost from three major outer borough bridge projects: the first phase of the Goethals Bridge replacement project, valued at $750 million; a $372 million project to raise the roadway leading to the Bayonne Bridge in Staten Island; and replacement of the upper level deck of the Verrazano-Narrows Bridge, which has a construction value of $236 million.

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