Forest City says B2 modular building cost rises $30M, cites need to re-staff factory, suggests incomplete units
"These increases reflect a more complete assessment of construction conditions in the field, including the degree of completion of units already at the building site and those remaining in the factory," stated CFO Bob O'Brien in the conference call yesterday.
|B2, Sixth Ave. side, Oct. 27, 2015|
Sept. 30, 2015 estimate: $192.1 million
June 30, 2015 estimate: $162.1 million
Sept. 30, 2014 estimate: $193.7 million
Dec. 31, 2013 estimate: $183.9 million