The Real Deal New York

Posts Tagged ‘forest city ratner’

  • From left: Bruce Ratner, 1 Rockwell Place and 10 MetroTech

    From left: Bruce Ratner, 1 Rockwell Place and 10 MetroTech

    Downtown Brooklyn condo owners are alleging that a full-block demolition project by Forest City Ratner has left their apartments coated with dust. [more]

    Comments
  • Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    Forest City Ratner signed a formal agreement with the state to accelerate the pace of affordable housing construction around his Atlantic Yards project in Downtown Brooklyn. [more]

    1 Comment
  • From left: Atlantic Yards rendering and nearby homes slated for condemnation

    From left: Atlantic Yards rendering and nearby homes slated for condemnation

    The start of the condemnation process for a group of buildings near Barclays Center offers some hints about how Atlantic Yards construction could progress. [more]

    Comments
  • ratner

    From left: Bruce Ratner, MaryAnne Gilmartin and Simeon Bankoff

    The Municipal Art Society is facing heat from fellow preservationist groups for its plans to bestow Forest City Ratner heads Bruce Ratner and MaryAnne Gilmartin with the Jacqueline Kennedy Onassis Medal.

    Officials at the Historic Districts Council wrote a letter yesterday, saying the group was “appalled” by the decision to honor Forest City Ratners’ massive Atlantic Yards project. [more]

    Comments
  • 10-metrotech

    From left: 10 MetroTech Center before and during demolition, and Forest City CEO David LaRue

    Atlantic Yards developer Forest City Ratner has begun tearing down the seven-story, 359,000-square-foot property called 10 MetroTech Center in Brooklyn. [more]

    Comments
  • Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    Forest City Ratner is pushing back the expected completion date for the prefabricated B2 tower at the firm’s long-delayed Atlantic Yards project. [more]

    3 Comments
  • barclays-roof

    Rendering of new Barclays Center rooftop

    Forest City Ratner wants to cultivate a 130,000-square-foot garden on the rooftop dome of Barclays Center. [more]

    Comments
  • From left:

    From left: Renderings of 610 Lexington Avenue and Atlantic Yards

    Investors from the world’s most populous nation poured more money into commercial properties in Manhattan and other New York City boroughs than any other American market, according to commercial real estate research firm Real Capital Analytics. [more]

    5 Comments
  • Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    The modular construction approach at Forest City Ratner’s Atlantic Yards will result in slashed wages, but union workers may still look upon it favorably even so, according to a new report. [more]

    2 Comments
  • Bruce Ratner and the Barclay's Center arena

    Bruce Ratner and the Barclay’s Center arena

    Barclay’s Center builder Forest City Ratner has informed LandlordsNY, an organization comprising property owners and managers, that it can no longer host its property management symposium at the Brooklyn stadium. The reason? Tenant related groups planned to stage a protest against the symposium’s keynote speaker Bruce Ratner, the chairman of Forest City. [more]

    8 Comments
  • maryanne-gilmartin

    MaryAnne Gilmartin

    The nonprofit Downtown Brooklyn Partnership named Forest City Ratner CEO MaryAnne Gilmartin as a new co-chair on the board of directors. The group launched an initiative last fall to pay landlords in the Fulton Mall area to convert vacant space above old storefronts into new offices to sublease to startups. Brooklyn-based tech company MakerBot Industries CEO Bre Pettis was also named a chair. [more]

    Comments
  • Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    Two weeks after Forest City Ratner kicked off construction of the first residential tower at Atlantic Yards, work has stalled yet again. [more]

    1 Comment
  • atlantic-yards-david-larue

    Atlantic Yards rendering and David LaRue

    The $500 million that Forest City Ratner invested in their Atlantic Yards megaproject in Brooklyn may be worth less than half that amount, according to a filing by the developer with the Securities and Exchange Commission this week.

    “Clearly, we are disappointed,” said David LaRue, chief executive of Forest City Enterprises. [more]

    3 Comments
  • From left: Rendering of Atlantic Yards (Credit: SHoP Architects) and a U.S. visa

    From left: Rendering of Atlantic Yards (Credit: SHoP) and a U.S. visa

    Cause of Action, a watchdog group, has accused Forest City Ratner of misrepresenting the risk to foreign investors of backing its $4.9 billion Atlantic Yards project, and asked federal legislators to investigate the developer.

    Forest City allegedly exploited census data to entice foreign investors to use the EB-5 program, which provides visas in exchange for creating American jobs. Cause of Action completed an 18-month investigation of its own before appealing to the U.S. House Committee on Oversight and Government Reform. [more]

    Comments
  • gilmartin-durst

    From left: MaryAnne Gilmartin, Cynthia Nixon and Douglas Durst

    Real estate heavyweights MaryAnne Gilmartin, CEO of Forest City Ratner, and Douglas Durst, head of the Durst Organization, were among 60 chosen for Mayor-elect Bill de Blasio’s transition team. Their task is to advise the incoming mayor on who to appoint to his administration. [more]

    1 Comment
  • From left: Zhang Xuliang, an Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    From left: Greenland Group’s Zhang Xuliang, Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    A Chinese developer that recently snapped up a majority stake in Atlantic Yards is feeling the wrath of Brooklyn’s community leaders. Critics gathered today to demand Greenland Group speed up the construction of 2,250 units of affordable housing promised for the controversial project. [more]

    Comments
  • MaryAnne Gilmartin and the Barclays Center

    MaryAnne Gilmartin and the Barclays Center

    Forest City Enterprises gave slightly less than $9 million to political candidates and lobbyists to push through two of its developments —Brooklyn’s $4.9 billion Atlantic Yards and a mixed-use project in Albuquerque, N.M. – but failed to make good on its promises to create jobs and affordable housing, according to a new report by a conservative watchdog group.

    Forest City denied the accusations and told The Real Deal that it will fulfill its commitments to the community. [more]

    4 Comments
  • From left: Zhang Xuliang, an Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    From left: Zhang Yuliang, an Atlantic Yards rendering (Credit: SHoP) and Bruce Ratner

    The Chinese investor that snagged a majority interest in Forest City Ratner’s Atlantic Yards development is looking to complete the $5 billion project in just eight years. Zhang Yuliang, the chairman of state-owned Greenland Holding Group told reporters in Shanghai last week about his intended timeline for the development. [more]

    2 Comments
  • From left: Larry Silverstein, MaryAnne Gilmartin, William Mack and Bill Rudin

    From left: Larry Silverstein, MaryAnne Gilmartin, William Mack and Bill Rudin

    Stay on your toes: That’s the message from the “titans” of New York City real estate. Major infrastructural changes are afoot, thanks to transformative projects like Hudson Yards, Atlantic Yards and the World Trade Center, and with the lending landscape fundamentally changed since the recession and a spike in interest from international investors fueling competition, it’s all the more important to get creative with project partnerships. [more]

    Comments
  • MaryAnne Gilmartin and a rendering of a pre-fab tower at Atlantic Yards

    MaryAnne Gilmartin and a rendering of a pre-fab tower at Atlantic Yards

    Forest City Ratner has filed a lawsuit demanding that the city slash its valuation of a section of the Atlantic Yards megaproject, despite the developer having received at least $761 million in subsidies and tax breaks from the city and the state for the project.

    The city’s Department of Finance valued the land on the southern side of the project, known as block 1129, at $11.2 million in the 2013 fiscal year. The land currently holds a parking lot, but is slated for high-rise construction. [more]

    4 Comments
MENU