Is modular building already dead?

After March, there will only be one modular manufacturer left in NYC

TRD New York /
Jan.January 17, 2016 03:00 PM

In 2015, Carmel Place rose in Kips Bay in just four weeks. It was the city’s first all-micro-unit building and contained 55 modular units. To many, Carmel Place looks like the future of developing in NYC. Modular building has long promised to reduce construction costs and produce fast top outs. But with NYC’s main modular builder, Capsys Corp., leaving its space in Brooklyn Navy Yard, the future of modular manufacturing in NYC is looking grim.

Capsys is leaving the Navy Yard after 20 years in March due to a rent increase. That leaves just one modular manufacture in the city, Forest City Modular, according to Curbed. And Forest City Modular just announced potential layoffs.

Still, Robby Kullman, manager of Capsys, thinks there is hope in New York for modular building.

“The demand is really high,” he told Curbed, noting that 12 different companies approached him to inquire about modular construction in the past month. “The biggest challenge is that New York City is an expensive place to do business.” [Curbed]Christopher Cameron


Related Articles

arrow_forward_ios
The Allwood Solvalla cabin kit (Credit: Allwood Outlet and iStock)

Tiny home on Amazon goes viral, sells out

Marriott to build the tallest modular hotel in the world in NoMad

Marriott to build the tallest modular hotel in the world in NoMad

City issues first affordable housing RFP requiring modular construction

City issues first affordable housing RFP requiring modular construction

Stop, hammer time: Q&A with NYC construction boss Anthony Rinaldi

Stop, hammer time: Q&A with NYC construction boss Anthony Rinaldi

City’s hospitals turn to modular construction as they spend billions updating facilities

City’s hospitals turn to modular construction as they spend billions updating facilities

Are oversized Lego blocks the building material of the future?

Are oversized Lego blocks the building material of the future?

CitizenM developing pre-fab hotel on the Bowery

CitizenM developing pre-fab hotel on the Bowery

California developer might use shipping containers for low-income housing

California developer might use shipping containers for
low-income housing

arrow_forward_ios