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Skanska Quits Brooklyn Prefabricated Apartment Project

Skanska USA quit as construction manager for Forest City Ratner Cos.’ prefabricated apartment tower development in Brooklyn, New York, after disputes between the two sides over the project’s design and costs.

Skanska terminated its contract because of “material breaches” by Forest City Ratner, the Stockholm-based company said in an e-mailed statement. The Atlantic Yards project, called B2, has been stalled since late last month.