Monday, February 2, 2015

ON MODULAR: Forest City Ratner’s modular Brooklyn tower is back on track



The developer expects the project factory at the Brooklyn Navy Yard to be operating as normal this month

The world’s tallest proposed modular tower may actually reach its full potential.


Developer Bruce Ratner has finally resumed work on his 32-story residential building next to the Barclays Center after a five-month hiatus stemming from a dispute with construction giant Skanska over the pre-fabricated design.

As a result of that legal fight, Ratner gained control of Skanska’s factory in the Brooklyn Navy Yard, where modules for the proposed tallest modular tower were made.

Now Ratner’s company, Forest City Ratner, said it expects the factory will be operating at full capacity by the end of the month. It’s still unclear when the 363-unit tower will be done.

The experimental building was billed as the first of a new generation of affordable skyscrapers, with Ratner even boasting once that his modular plans would “crack the code” on high-rise development in the city.

But it only rose 10 stories above Dean St. before the dispute with Skanska halted it entirely — a failure that left Forest City red of face and balance sheet.

But with the factory coming back online, some confidence has been restored.   


"We are committed to completing the world’s tallest modular building by using the same technology that we started it with,” Bob Sanna, executive vice president of Forest City, told the Daily News. “More workers are returning to work as the factory gets back into full swing.”

The company says about 50 people are already back at work, and 150 more union workers, who were furloughed by the closure of the factory last summer, have been asked to return to work. The developer is also hiring internally for construction management positions.

The factory has been closed since Skanska bailed out of its contract with Ratner in September — and both companies sued.

Skanska claimed cost overruns because Ratner's designs were flawed, while Forest City said Skanska had closed the module factory to get more money out of the company.

Even as the lawsuits are pending, Forest City bought out Skanska for an undisclosed figure in November.

The building, known as B2 BKLYN, would be the first residential building at Ratner’s long-delayed Pacific Park, the 22-acre, 6,000-plus unit mixed-use residential and commercial development formerly known as Atlantic Yards.

     

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