Last December, foundation work started at 265 State Street, in Boerum Hill, where Flank and the Carlyle Group are developing a 20-story, 128-unit mixed-use building. Brownstoner now reports the building is up two stories above street level, and YIMBY has word that almost 80% of the structure’s units are in contract. Dubbed The Boerum, a hotel will occupy the first six floors, and retail is expected on the ground level. Flank is the design architect (as the firm designs and develops its own projects in-house), and Goldstein Hill & West is serving as the architect of record. Completion is slated for 2016.