In 2012, Bruce Ratner claimed Forest City had “cracked the code” on modular technology — a phrase that would come back to bite the developer as litigation, delays and other issues piled up at 461 Dean Street, the city’s first prefabricated high-rise. Now, noting the troubles at Pacific Park and elsewhere, city officials are aiming a little lower. Continue reading.
The city’s Department of Housing Development and Preservation on Thursday will issue a request for information and interest in building modular housing for low-income tenants and seniors. Deputy Mayor Alicia Glen said on Wednesday that the city aims to “crack the code” on mid-rise multifamily development, in the hopes this will be “a new chapter for modular.” Continue reading