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Posts Tagged ‘forest city ratner’

  • B2 Forest City

    Rendering of B2 and Forest City’s MaryAnne Gilmartin (credit: STUDIO SCRIVO)

    Forest City Ratner announced yesterday that it will restart construction on the Pacific Park tower that stalled following its dispute with contractor Skanska, including resetting some modules that have become misaligned.

    In a statement yesterday, the developer said that plans for the 32-story tower B2 include “re-aligning modules in plan [sic; surely: plane] and elevation using bolt on adjustment plates and/or possibly lifting some modules with the crane and re-setting,” according to Atlantic Yards/Pacific Park Report. Half of the tower’s 363 units are slated to be affordable. [more]

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  • Clockwise from left: Erik Ekstein,

    Clockwise from left: Erik Ekstein, rendering of 45-05 Rockaway Beach Boulevard, the former St. Augustine Catholic Church in the Bronx, Maryanne Gilmartin and a rendering of Forest City Ratner’s proposed rental towers in Brooklyn

    A new megadevelopment at the former Rheingold Brewery in Brooklyn, a 40-story tower at the former location of a church’s parish house on East 31st Street in Manhattan and a 12-story residential project on the site where the St. Augustine Catholic Church once stood in the Morrisania section of the Bronx: New York is changing, and February’s top 10 permit applications illustrate how dramatic the transformation will be. These projects and more after the jump.

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  • From left: MaryAnne Gilmartin, Susi Yu and Bruce Ratner

    From left: MaryAnne Gilmartin, Susi Yu and Bruce Ratner

    While Forest City Ratner’s president and CEO MaryAnne Gilmartin is widely acknowledged as one of the most powerful figures in the real estate community, not many realize that she presides over an impressively gender-balanced team of development leaders. [more]

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  • The Barclays Center

    The Barclays Center in Brooklyn

    UPDATED, Feb. 25, 2:02 p.m.: A construction worker at Greenland Forest City Partners’ Barclays Center was crushed to death today by several falling steel beams at the Brooklyn arena, according to NBC News. [more]

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  • From left: rendering of Forest City Ratner's proposed rental towers (Credit: SHoP Architects) and Maryanne Gilmartin

    From left: rendering of Forest City Ratner’s proposed rental towers (Credit: SHoP Architects) and Maryanne Gilmartin

    UPDATED 4:00 p.m., February 19: Greenland Forest City Partners — a joint venture between Greenland USA and Forest City Ratner Companies — filed plans to build a 23-story building at 30 Sixth Avenue in Prospect Heights, according to property  records filed with the city today. [more]

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  • The New York Times building at 620 Eighth Avenue and MaryAnne Gilmartin

    The New York Times building at 620 Eighth Avenue and MaryAnne Gilmartin

    (From the archives): Forest City was considered the least likely of five finalists to win the job — until Gilmartin led a presentation that “blew everyone away at the Times,” Tighe said.

    Not only did she have a “complete understanding of the site” and the complexities surrounding the interplay between the public and private players, she also brought a dramatic flair: Halfway through the presentation of facts and figures, the door burst open and an actor dressed as an old-fashioned newsboy burst in, waving an old New York Times and shouting headlines.

    “In someone else’s hands, it might have been hokey,” Tighe said. “But with her, it sent a message: ‘Come with us, we will not only be a success, but we will have fun along the way.’ I remember everyone being surprised and laughing. … They came in underdogs and walked out the clear standout.”

    To read the full story from the March 2013 issue, click on “MaryAnne’s Moment.” 

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  • atlantic-yards-burch

    From left: Melissa Burch, Susi Yu and B2 rendering

    Melissa Burch, executive vice president of commercial and residential development at Forest City Ratner and the person overseeing the developer’s Pacific Park megaproject in Brooklyn, has jumped to construction giant Lend Lease. [more]

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  • Atlantic Terminal Office at 139 Flatbush Avenue and Bruce Ratner

    Atlantic Terminal Office at 139 Flatbush Avenue and Bruce Ratner

    A company controlled by Forest City Ratner may be in line to receive $90 million in tax-exempt bonds to refinance Atlantic Terminal Office, the proposed site of the Democratic National Convention. [more]

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  • Regus' Mark Dixon and One Pierrepont Plaza

    Regus’ Mark Dixon and One Pierrepont Plaza

    Office-space provider Regus is headed to Brooklyn after signing a 38,000-square-foot lease at Forest City Ratner’s One Pierrepont Plaza office building.

    Regus, which provides part-time office, co-working spaces and short-term rentals at several buildings in Manhattan, inked a 12-year lease for the entire 12th floor in the property located on the edge of Brooklyn Heights and Downtown Brooklyn. [more]

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  • 20140904_forest_city_skanska_b2

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

    Forest City Ratner signed a deal to buy financial partner Skanska USA Building out of its stake in a closed Brooklyn Navy Yard factory that was producing modular units for the Pacific Park residential development. [more]

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  • barclays

    From left: Barclays Center, Bruce Ratner and Brett Yormark

    As Forest City Enterprises gears up to sell part of or all of its 55 percent stake in the Barclays Center through an auction, shareholders are concerned that the firm’s executive chairman Bruce Ratner will still wield too much control. [more]

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  • 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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