Forest City Ratner’s B2 had “significant water damage” in 2014

New documents reveal the rumors about Pacific Park project were true

New York /
Sep.September 04, 2015 09:36 AM

Modular construction might be the wave of the future, but all the kinks have clearly yet to be worked out.

Forest City Ratner’s modular tower at Pacific Park, known at “B2 BKLYN,” suffered “significant water damage” when rain flooded the building back in 2014, according to new documents revealed by a FOIL request, City Limits reported.

The issue of leaks at the building was first broached in September of that year in a letter from Forest City’s former partner on the project, Skanka, that was part of a series of lawsuits the two firm filed against one another.

B2 BKLYN was meant to employ a cutting-edge construction scheme, using 930 steel mods built off-site and then assembled at Pacific Park. The process, started in 2014, was plagued with delays. The partnership between Forest City and Skanksa on the project eventually broke down, leading to further delays.

Forest City ultimately bought Skanska out of the partnership. It has also had a difficult time convincing Chinese ally Greenland Group that modular construction is the way to go.

The building, at 32 stories containing 363 apartments, was initially projected to cost $155 million. In a filing with the SEC, Forest City said the number could rise to $265 million. The B2 is scheduled to be completed sometime next year.  [City Limits]Ariel Stulberg


Related Articles

arrow_forward_ios
Assembly OSM CEO Andrew Staniforth with an illustration of the building design (AOSM)
Modular startup raises $38M, says it’s “the opposite of Katerra”
Modular startup raises $38M, says it’s “the opposite of Katerra”
Builders have high hopes for 3D-printed housing
Builders have high hopes for 3D-printed housing
Builders have high hopes for 3D-printed housing
MetroTech in Downtown Brooklyn is being rechristened "Brooklyn Commons." (Google)
Brooklyn’s MetroTech to get $50M makeover, new name
Brooklyn’s MetroTech to get $50M makeover, new name
Assembly OSM cofounders William and Christopher Sharples with an illustration of the building design (AOSM)
Modular construction firm founded by SHoP principals unveils first apartment
Modular construction firm founded by SHoP principals unveils first apartment
Quick turnaround times have luxury buyers considering modular as an alternative to traditional construction for grandiose homes. (iStock)
Modular construction works for luxury homes, too
Modular construction works for luxury homes, too
Warren Buffet and a prototype of a MiTek and Danny Forster & Architecture building. (MiTek, Getty)
Warren Buffett bets on modular construction
Warren Buffett bets on modular construction
Former Forest City CEO MaryAnne Gilmartin and P.C. Richard executive Thomas Pohmer with Site 5 at Flatbush and Atlantic Avenues (Credit: Getty Images, IMA Long Island, and Google Maps)
Why nothing ever gets built on this Pacific Park site
Why nothing ever gets built on this Pacific Park site
The Allwood Solvalla cabin kit (Credit: Allwood Outlet and iStock)
Tiny home on Amazon goes viral, sells out
Tiny home on Amazon goes viral, sells out
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...