IMBY, a blog chronicling development in the South Slope, has this report on a new Karl Fischer building at 1638 8th Avenue: “Yes, Prospect Terrace is actively breaking ground. Yes, assorted foundation work is still in progress. Someday, it will look just like this…” From the two-year-old photos on the site, looks like many delays have held the project back. Seems pretty humble at three stories compared to some other South Slope offerings. GMAP