Derived category of projectivizations and flops

In this paper, we prove a generalization of Orlov's projectivization formula for the derived category $D^b_{\rm coh} (\mathbb{P}(\mathscr{E}))$, where $\mathscr{E}$ does not need to be a vector bundle; Instead, $\mathscr{E}$ is a coherent sheaf which locally admits two-step resolutions. As a special case, this also gives Orlov's generalized universal hyperplane section formula. As applications, (i) we obtain a blowup formula for blowup along codimension two Cohen-Macaulay subschemes, (ii) we obtain new "flop-flop=twist" results for a large class of flops obtained by crepant resolutions of degeneracy loci. As another consequence, this gives a perverse Schober on C. (iii) we give applications of the above results to symmetric powers of curves and $\Theta$-flops, following Toda.