Wednesday, July 1, 2015

Forest City Ratner’s Modular Factory to Remain in Brooklyn Navy Yard

Forest City Ratner Cos. it plans to keep its Brooklyn Navy Yard factory running after the completion of a 32-story tower next to Barclays Center in downtown Brooklyn and hired Susan Hayes to run FC Modular and go after new business in the NYC area.

Susan Hayes

Forest City Ratner is currently building a 32-story modular tower known as B2 BKLYN near the corner of Flatbush Avenue and Dean Street. When completed, it will be the tallest modular building in the world—but construction has not gone smoothly.

They were originally constructing the tower with a U.S. arm of Swedish construction giant Skanska until last fall, when the two had litigious split prompted by delays and budget overruns on the building, which was originally billed as costing $116 million and was set to open in late 2014. At one point, the Brooklyn Navy Yard facility was shut down before Forest City bought out Skanska and resumed construction on its own.

A lot of things have worked against this project including high paid union workers trying to stop the project and force the company to hire union labor. That failed when the courts ruled in favor of Forest City Ratner and non-union workers returned to the job.

Congrats to Susan Hayes in her new position in the modular industry.

No comments: