Articles on Modular Buildings

Downtown Brooklyn's Upward Growth

Downtown Brooklyn is a newfound point of interest for residential developments.  Historically a base for office spaces, a rezoning spurred on a change in direction.  To be sure, the Wall Street Journal reported that the dozens of Downtown Brooklyn's projects that made their start eight years ago will have provided more than 8,000 residential units.  Indeed, there has been a marked increase in the median sale price for the area's condos, with StreetEasy noting a raise from $406,900 to $585,000 from 2009 to 2013.  Additionally, a comparison of median sale price for condos, co-ops, and houses are at $909,806 for new developments, and $545,000 for resales.  In particular, Flatbush Avenue Extension, Livingston Street, and Fulton Mall are all points of interest for developers.

First Atlantic Yards Tower to be Tallest Modular Building Ever

Renderings of the modular building planned for the Atlantic Yards ProjectDecember 18th will mark the groundbreaking of the first building in the Atlantic Yards Project. Bruce C. Ratner, chief executive for Forest City Ratner, has big plans for this building. It is set to be the tallest modular building in existence, rising to 32 stories and located at Flatbush Avenue and Dean Street. Currently, the tallest modular building is a 25-story dormitory in Britain. But If Mr. Ratner has “cracked the code”, this could be a huge step forward for affordable housing, unless it means nothing more than more money for developers.