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Forest City Enterprises


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2008 INNOVATION IN BUSINESS CONFERENCE: Green Living

By Tackett, Megan Jon Rather is leading the charge for Forest City Enterprises to focus on its ecological impact. It all started in Denver in 2004.

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Are You There God? It's Us, Cleveland

Cleveland Scene By James Renner Over and over again, Forest City Enterprises's blatant backroom dealing demonstrates that the company is untouchable and that no one of any importance or power really cares when the tax payers get ripped off. Here's more proof from the company's hometown of Cleveland: Last week, we learned that the Northeast Ohio Regional Sewer Board paid Sunrise Development $1.55 million...

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Forest City lands $250M for Southwest project

Despite a virtually frozen credit market, Forest City Enterprises Inc. announced Tuesday that it closed on $250 million in construction financing for the initial phase of its Waterfront Station project in Southwest D.C. (FCEA) (FCEB)

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Forest City Closes on $250 Million in Financing for Waterfront Project in Southwest D.C.

CLEVELAND, Sept. 23 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. announced today that it has closed on $250 million in construction financing for the initial phase of its Waterfront Station project in Southwest Washington, D.C.

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Convention center hotel proposal scuttled

Pittsburgh Tribune-Review by Jeremy Boren The wait for a second hotel attached to the David L. Lawrence Convention Center is about to get longer. The city-county Sports & Exhibition Authority is ending its long-running negotiations with hotel operator Forest City Enterprises over the building of a hotel that would boost the number of rooms near the convention center beyond 1,000 -- the magic number...

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“Every illegal immigrant I can get”

Just in case you missed it, because it’s waaaay down at the end of the story: Albert Ratner, co-chairman of Forest City Enterprises Inc., said Ohio should do whatever it can to draw new blood, whether it’s from Indiana or India. “I’ll take every illegal immigrant I can get,” Ratner said.

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FCE's Chuck Ratner: "this is a time to pull back" (but not AY')

Atlantic Yards Report Norman Oder reports on yesterday's investor conference call with Forest City Enterprises executives ( transcript here ): Chuck Ratner, President and CEO of Forest City Enterprises (FCE), parent of Forest City Ratner, didn't tell investment analysts yesterday anything as arresting as his claim last March that "we still need more" subsidies or his March 2007 acknowledgement that...

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Forest City CEO on Atlantic Yards

Charles Ratner, President, Forest City Enterprises: “Let me begin with an update on Atlantic Yards in Brooklyn, our largest pipeline project. Overall, the project continues to move forward. During the first half we received a favorable legal ruling when the US Supreme Court decided not to hear an eminent domain appeal brought by project components. There [...]

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Gottschalks Completes Sale of Palmdale, California Store to Forest City Enterprises

Company Expects to Record Pre-Tax Gain of Approximately $8.7 Million FRESNO, Calif., Sept. 8 /PRNewswire-FirstCall/ -- Gottschalks Inc. (NYSE: ) today announced that the Company completed the sale of its wholly-owned store in the Antelope Valley Mall in Palmdale, California, to Forest City Enterprises, the owner of the shopping center on September 5, 2008. Gottschalks plans to use proceeds from the...

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REMINDER: Forest City Enterprises Second-Quarter 2008 Earnings Conference Call

CLEVELAND, Sept. 4 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc., (NYSE: and FCEB) has released its second-quarter 2008 financial results and will hold a conference call on Tuesday, September 9, 2008 at 11:00 a.m. ET to discuss these results. Investors are invited to dial into the conference call hosted by Charles A. Ratner, president and chief executive officer. (Logo: ) The conference...

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Ratners, FCE contribute to Towns's re-election campaign

Atlantic Yards Report Four members of the Ratner family, as well as the Forest City Enterprises Political Action Committee, have contributed a total of $12,300 to the re-election campaign of 10th District Congressional Rep. Ed Towns, an Atlantic Yards supporter facing a forceful if underfunded challenge from writer and activist Kevin Powell. This continues a pattern of Forest City Ratner/Enterprises...

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"Brooklyn real estate big-wigs" battle it out in Cleveland

Two days ago, we noted a Cleveland Plain Dealer article that Forest City Enterprises, the parent company of Atlantic Yards developer Forest City Ratner, was in a pickle after an appeals court upheld the "gold-clause" on the lease for the land under the Halle building in Cleveland. If pegged to the current value of gold, the $35,000/year lease could skyrocket to $1.4 million. Yesterday, Brownstoner...

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Forest City Enterprises Notice of Second-Quarter 2008 Earnings Conference Call

CLEVELAND, Aug. 28 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc., (NYSE: and FCEB) will release its second-quarter 2008 financial results on Thursday, September 4, 2008 and will hold a conference call on Tuesday, September 9, 2008 at 11:00 a.m. ET to discuss these results. Investors are invited to dial into the conference call hosted by Charles A. Ratner, president and chief executive officer. ...

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Ivanka Trump’s View From the Top

NY Post, Page Six Magazine By Joshua David Stein Bruce Ratner is mentioned in a profile of his most famous apprentice: Since graduating from Wharton in 2004 and entering the real estate business (before joining up with her dad, she worked for developer Bruce Ratner’s Forest City Enterprises as a tenant coordinator for a year), Ivanka has traveled largely unscathed through the gauntlet of tabloids—though...

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Forest City firm on price for convention center site

The Cleveland Plain Dealer By Joe Guillen Forest City Enterprises executives said they will not drastically cut their $40 million asking price for land at Tower City to pave the way for a medical mart and convention center. The company has already agreed to concessions for the project, including a low-cost 20-year lease of the Higbee Building for the medical mart and a convention center redesign to...