The Real Deal New York

Posts Tagged ‘forest city ratner’

  • barclay

    Barclays Center in Brooklyn, Stephen Schwarzman and MaryAnne Gilmartin

    Private equity giant Blackstone Group’s Stephen Schwarzman has agreed to buy up old loans for billionaire Mikhail Prokhorov’s Brooklyn Nets and the Barclays Center, of which Forest City Ratner has a 55 percent stake. [more]

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  • From left: The former structure at 625 Fulton Street (via PropertyShark) and MaryAnne Gilmartin of Forest City Ratner

    From left: The former structure at 625 Fulton Street (via PropertyShark) and MaryAnne Gilmartin of Forest City Ratner

    Forest City Ratner is at a fork in the road with respect to its development site at 625 Fulton Street. Either the firm will sell the plot, which is asking $185 million, or it will find a development partner to construct a residential tower. [more]

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  • Rodney-Spruce-Ratner

    From left: Housing Development Corp.’s Gary Rodney, 8 Spruce Street (Photo credit: Google) and Bruce Ratner

    The city’s affordable housing finance unit is planning for the first time to issue bonds that will be packaged as commercial mortgage backed securities. This inaugural group of loans pegged at $550 million will be secured by the market-rate residential high-rise 8 Spruce Street, known as New York by Gehry, located in Lower Manhattan. [more]

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  • Skanska terminates B2 construction contract

    September 23, 2014 06:20PM
    From left: MaryAnne Gilmartin, rendering of B2 and Skanska USA CEO Mike McNally

    From left: Forest City Ratner’s MaryAnne Gilmartin, rendering of B2 and Skanska USA CEO Mike McNally

    Skanska USA Building cancelled its contract for Forest City Ratner’s Pacific Park, formerly known as Atlantic Yards, in the latest chapter in an ongoing legal tussle between the joint venture partners on Tuesday. [more]

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  • From left: B2 rendering and Richard Kennedy

    From left: B2 rendering and Richard Kennedy

    Skanska USA Building and Forest City Ratner remain locked in legal battle, trading blame for flaws in the design and construction of modular units for their 32-story building in Prospect Heights. In documents brought to light today, Skanska charges that the building could leak from thousands of joints in the façade.

    “[I]n simple terms, no one knows if the building is going to leak,” wrote Richard Kennedy, co-chief operating officer at Skanska USA Building, in a letter to Forest City Ratner dated August 8 and reviewed by the Atlantic Yards Report blog. [more]

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  • From left: Properties to be seized on map and Pacific Park Brooklyn rendering

    From left: Properties to be seized on map and Pacific Park Brooklyn rendering

    The Empire State Development Corporation received the go-ahead yesterday to seize several buildings through eminent domain to make way for a portion of Forest City Ratner’s Atlantic Yards project, recently renamed Pacific Park Brooklyn. [more]

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  • Click here to see an interactive map.

    From top left: 25 Sixth Avenue, 37 Sixth Avenue, 493 Dean Street and 495 Dean Street

    New York state has filed to seize several properties in the path of Forest City Ratner’s Pacific Park Brooklyn, the development previously known as the Atlantic Yards project. Click here for an interactive map and more.

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  • From left: MaryAnne Gilmartin, rendering of B2 and Skanska USA CEO Mike McNally

    From left: MaryAnne Gilmartin, rendering of B2 and Skanska USA CEO Mike McNally

    Forest City Ratner has moved to take over operations at the factory producing modular units for its Pacific Park residential development, following a dispute with financial partner Skanska USA that stopped work at the construction site. [more]

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  • From left: Bruce Ratner, B2 and Skanska's Michael McNally

    From left: Forest City Ratner’s Bruce Ratner, B2 and Skanska CEO Michael McNally

    Developer Forest City Ratner and contractor Skanska USA Building traded lawsuits Tuesday over who is responsible for construction delays and cost overruns at the long-stalled Pacific Park Brooklyn, formerly known as Atlantic Yards. [more]

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  • Renderings for the B2 tower at Pacific Park, formerly known as Atlantic Yards

    Renderings for the B2 tower at Pacific Park, formerly known as Atlantic Yards

    Construction on a residential tower being built out of modular units in Brooklyn has halted. [more]

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  • From left: Greenland USA CEO I Fei Chang and Greenland Group chairman Zhang Yuliang and Pacific Park Brooklyn

    From left: Greenland USA CEO I Fei Chang, Greenland Group Chairman Zhang Yuliang and Pacific Park Brooklyn

    Forest City Ratner’s Atlantic Yards project — recently rebranded Pacific Park Brooklyn — isn’t the only U.S. development that Shanghai-based Greenland Holdings is fast tracking. [more]

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  • From left: 535 Carlton and Pacific Park

    From left: 535 Carlton and Pacific Park

    Atlantic Yards is no more. Developer Greenland Forest City Partners has rechristened the controversial $4.9 billion project Pacific Park Brooklyn. And along with news of the rebranding, the developer released a slew of new details about upcoming buildings and green space. [more]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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]

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  • 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
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