Atlantic Yards

Forest City lays off 20 staffers at BK office - The Real Deal Magazine

January 18, 2018 - 6:28pm

The Real Deal Magazine

Forest City lays off 20 staffers at BK office
The Real Deal Magazine
It's also the third round of layoffs at the real estate firm's Cleveland-based parent company Forest City Realty Trust in recent years. Forest City reportedly pink-slipped 50 employees in June, and also laid off employees amid a corporate restructuring ...

Categories: News

Bruce Ratner Drops Stake in Pacific Park to 5%; Sells to Greenland USA - The Jewish Voice (blog)

January 17, 2018 - 5:54am

The Jewish Voice (blog)

Bruce Ratner Drops Stake in Pacific Park to 5%; Sells to Greenland USA
The Jewish Voice (blog)
Sources told The Post that in the restructuring of shares, Greenland USA, Forest City New York's partner on the giant Brooklyn project, will be increasing its stake from 70 percent to 95 percent. This will put the formerly Atlantic Yards under almost ...

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Categories: News

Bruce Ratner Drops Stake in Pacific Park to 5%; Sells to Greenland USA - The Jewish Voice (blog)

January 17, 2018 - 5:46am

The Jewish Voice (blog)

Bruce Ratner Drops Stake in Pacific Park to 5%; Sells to Greenland USA
The Jewish Voice (blog)
Bruce Ratner's real estate development company is reducing its stake in the Pacific Park mega-complex, which it launched 13 years ago, to just five percent. Sources told The Post that in the restructuring of shares, Greenland USA, Forest City New York ...

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Categories: News

Forest City Ratner CEO Launches NYC Development Firm - Commercial Property Executive

January 17, 2018 - 5:19am

Commercial Property Executive

Forest City Ratner CEO Launches NYC Development Firm
Commercial Property Executive
As a longtime executive at Forest City, Gilmartin spearheaded the development of the New York Times Building, the 22-acre Pacific Park—formerly known as Atlantic Yards—mixed-use development in Brooklyn and Barclays Center among other major projects ...

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Categories: News

Pacific Park gets much-needed boost from ownership overhaul - New York Post

January 16, 2018 - 3:03pm

New York Post

Pacific Park gets much-needed boost from ownership overhaul
New York Post
FCNY turned cautious after going public in 2016 and balked at building the rest of the structures, citing a supposed surplus of 30,000 new apartments in Brooklyn. But that didn't stop other developers from plowing ahead with massive new construction ...
Forest City Sells Most Of Its Stake In Pacific Park Development To Greenland USABKLYNER
Greenland Boosts Stake in $5B Pacific Park Project in NYC to 95%Mingtiandi
Greenland says Pacific Park's B4 site will remain residentialThe Real Deal Magazine

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Categories: News

Forest City Sells Most Of Its Stake In Pacific Park Development To Greenland USA - BKLYNER

January 16, 2018 - 10:29am

BKLYNER

Forest City Sells Most Of Its Stake In Pacific Park Development To Greenland USA
BKLYNER
The building will reportedly rise 511 feet tall and contain a mix of condos and rental units, according to Atlantic Yards/Pacific Park Report. The news of restructuring the Pacific Park project comes as MaryAnne Gilmartin, Forest City's longtime ...
New Rendering for Pacific Park's Full Build-Out Depicts Neighborhood's Tallest SkyscraperNew York YIMBY
Greenland Boosts Stake in $5B Pacific Park Project in NYC to 95%Mingtiandi
Greenland says Pacific Park's B4 site will remain residentialThe Real Deal Magazine

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Categories: News

Greenland Boosts Stake in $5B Pacific Park Project in NYC to 95% - Mingtiandi

January 16, 2018 - 8:46am

Mingtiandi

Greenland Boosts Stake in $5B Pacific Park Project in NYC to 95%
Mingtiandi
Greenland USA made a splash in October 2013 by agreeing to take a 70 percent stake in the project at Pacific Park, then called Atlantic Yards, as part of a $19 billion overseas investment binge by the Shanghai government-owned firm. The company paid a ...
Greenland says Pacific Park's B4 site will remain residentialThe Real Deal Magazine

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Categories: News

Real Estate Titan MaryAnne Gilmartin Starts a New Firm - The Bridge

January 15, 2018 - 10:33am

The Bridge

Real Estate Titan MaryAnne Gilmartin Starts a New Firm
The Bridge
(The website, originally on a placeholder address, was taken down for a time after The Bridge reported on it, but relaunched Jan. 15 at LLMAG.com.) The creation of the new private firm reflects a continued ascension–and perhaps a bit of an escape–for ...

Categories: News

“It's time”: MaryAnne Gilmartin talks leaving Forest City, launching new firm - The Real Deal Magazine

January 15, 2018 - 9:02am

The Real Deal Magazine

“It's time”: MaryAnne Gilmartin talks leaving Forest City, launching new firm
The Real Deal Magazine
Outsourcing the government relations work to L&L MAG is yet another way that Forest City, which became a real estate investment trust in 2016, is limiting its exposure to the project once known as Atlantic Yards. The New York Post reported on Sunday ...

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Categories: News

Forest City to sell all but 5% of Pacific Park to Greenland USA - New York Post

January 14, 2018 - 6:00pm

New York Post

Forest City to sell all but 5% of Pacific Park to Greenland USA
New York Post
The real estate development company founded by Bruce Ratner, which launched Brooklyn's Pacific Park mega-complex 13 years ago, will reduce its stake in the $5 billion project to a mere 5 percent, The Post has learned. Forest City New York's partner ...
Farewell, Forest City? MaryAnne Gilmartin may be teaming up with L&L principals on new firmThe Real Deal Magazine

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Categories: News

Farewell, Forest City? MaryAnne Gilmartin may be teaming up with L&L principals on new firm - The Real Deal Magazine

January 14, 2018 - 10:37am

The Real Deal Magazine

Farewell, Forest City? MaryAnne Gilmartin may be teaming up with L&L principals on new firm
The Real Deal Magazine
It was first spotted by Norman Oder, the author of the Atlantic Yards/Pacific Park report, who wrote about it for the Bridge on Saturday. Gilmartin and Forest City didn't respond to requests for comment, nor did representatives for L&L. In October, L&L ...

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Categories: News

New York City Unleashes Eminent Domain Abuse on Immigrant Dry Cleaners in East Harlem - Reason (blog)

January 11, 2018 - 2:59pm

Reason (blog)

New York City Unleashes Eminent Domain Abuse on Immigrant Dry Cleaners in East Harlem
Reason (blog)
Unfortunately for the Baes and others like them, the U.S. Supreme Court turned a blind eye to this sort of abuse in the 2005 case of Kelo v. City of New London. On the state level, New York's highest court—the Court of Appeals—ruled 6-1 in 2009 to ...

Categories: News

When the glass ceiling won't break - The Real Deal Magazine

January 3, 2018 - 7:38am

When the glass ceiling won't break
The Real Deal Magazine
James Stuckey, who in the early aughts led Forest City's massive Atlantic Yards project in Brooklyn (now called Pacific Park), was known for surrounding himself with hardworking, intelligent women. People would jokingly refer to the rotating group of ...

Categories: News

Brooklyn Nets fan dissed by de Blasio invitations mayor to a recreation - Kaplan Herald

January 2, 2018 - 6:11pm

Basketball Insiders

Brooklyn Nets fan dissed by de Blasio invitations mayor to a recreation
Kaplan Herald
A Brooklyn Nets fan who was says he has the perfect way for Hizzoner to make amends — come to a game with him. “At this point, he needs to redeem himself — he should be right in front where the team can look him in the eye,'' Queens resident Edwin ...
Aaron Gordon Stats | Basketball-Reference.comBasketball-Reference.com
Evan Fournier Stats | Basketball-Reference.comBasketball-Reference.com

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Categories: News

How Fixing an Overstressed Region Could Change Brooklyn - The Bridge

January 1, 2018 - 1:28pm

The Bridge

How Fixing an Overstressed Region Could Change Brooklyn
The Bridge
All of these hit home particularly hard in Brooklyn, the most populous borough. Can they be fixed? It's easy to dismiss such problems as too big to tackle. But one group, the Regional Plan Association (RPA), considers those challenges its reason for ...

Categories: News

Whatever Happened to Brooklyn's Political Clout? - The Bridge

January 1, 2018 - 1:28pm

The Bridge

Whatever Happened to Brooklyn's Political Clout?
The Bridge
So the fact that Brooklyn hasn't held the Council leadership since 1991 and has rarely played a crucial role in choosing that leader has probably made differences to our lives and probably will do so again. This is not always a bad thing. Not everyone ...

Categories: News

Large real estate donations find their way into both ends of New York City Council speaker race - Progress Queens

December 24, 2017 - 8:40pm

Progress Queens

Large real estate donations find their way into both ends of New York City Council speaker race
Progress Queens
In the past, Mr. Geto's lobbying firm has represented Forest City Ratner, developer of Atlantic Yards in Brooklyn, and Toll Brothers. Mr. Geto was also the largest campaign contribution bundler to Councilmember Johnson's committee to reëlect, having ...

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Categories: News

Sun Pacific Holding Corp. Engages EB-5 Regional Center Services to Raise $30 Million - Nasdaq

December 19, 2017 - 6:02am

Sun Pacific Holding Corp. Engages EB-5 Regional Center Services to Raise $30 Million
Nasdaq
MANALAPAN, N.J, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Street Smart Outdoor Corp, a wholly owned subsidiary of Manalapan based Sun Pacific Holding Corp.(OTCQB:SNPW), today announced its engagement of Suncoast Economic Agency ("SEA") to help prepare a $30 ...

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Categories: News

Sun Pacific Holding Corp. Engages EB-5 Regional Center Services to Raise $30 Million - GlobeNewswire (press release)

December 19, 2017 - 6:01am

Sun Pacific Holding Corp. Engages EB-5 Regional Center Services to Raise $30 Million
GlobeNewswire (press release)
MANALAPAN, N.J, Dec. 19, 2017 (GLOBE NEWSWIRE) -- Street Smart Outdoor Corp, a wholly owned subsidiary of Manalapan based Sun Pacific Holding Corp. (OTCQB: SNPW), today announced its engagement of Suncoast Economic Agency (“SEA”) to help prepare a $30 ...

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Categories: News