Construction appears to be imminent at 356 Fulton Street, an upcoming mixed-use residenital skyscraper in Downtown Brooklyn. Developed in a joint venture between Rabsky Group and Spencer Equity, the structure is planned to yield nearly 200 condominium units, 299 rental apartments, and 20,000 square feet of commercial space. The $400 million development will rise from a site bounded by Fulton Street, Smith Street, and Red Hook Lane. It’s unclear if MdeAS Architects and SLCE Architects, the original designers, are still part of the project, which called for a 43-story, 496-foot tall, 475,000-square foot tower with 421 units of market-rate and affordable housing, and 100,000 square feet of commercial space.YIMBY’s last update in December 2022 showed the larger western end of the site completely leveled, while demolition of the corner structure at 380 Fulton Street had yet to be razed. Recent photographs show a large drilling machine and multiple excavators on site, a clear sign that work should commence very soon. The only two buildings that are not part of the multi-parcel assemblage are 372 and 376 Fulton Streets. The new skyscraper’s multistory base will wraparound the abutting holdouts.