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PR News Wire (Free subscription) | yesterday
CLEVELAND, Dec. 1 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc., (NYSE: FCEA and FCEB) will release its third-quarter 2009 financial results on Tuesday, December 8, 2009, after the NYSE close, and will hold a conference call with investors on Thursday, December 10, 2009 at 11:00 a.m. ET, to discuss these results. Investors are invited to dial into the conference call hosted by Charles A....
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No Land Grab (Free subscription) | 26/11/2009
Ground Report By Richard Cooper A local Libertarian gives his take on this week's high court ruling and calls for a statewide revolution. The Court used a very sweeping definition of blight to include virtually anything. "Economic underdevelopment and stagnation" are highly ambiguous. I cannot say that I am suprised by this unwelcome development favoring corporate welfare and eminent domain....
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PR News Wire (Free subscription) | 24/11/2009
CLEVELAND, Nov. 24 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) issued the following statement from President and Chief Executive Officer Charles A. Ratner in response to today's favorable New York State Court of Appeals ruling in a lawsuit related to the Company's Atlantic Yards development project in Brooklyn.
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No Land Grab (Free subscription) | 23/11/2009
Atlantic Yards Report To Michael White's very interesting Noticing New York piece on Forest City Ratner's efforts to corner a monopoly on prime Brooklyn land, let me remind readers that Chuck Ratner, CEO of parent Forest City Enterprises, on 9/9/05 told investment analysts: "I will confess that it was less than two or three years ago we were sitting around in New York wondering where the next...
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PR News Wire (Free subscription) | 18/11/2009
CLEVELAND, Nov. 18 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that it has reached an agreement on a new, two-year, $500 million revolving credit facility with its 15-member bank group. The transaction is expected to close by the end of the year.
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No Land Grab (Free subscription) | 13/11/2009
BigGovernment.com by Chris Berg All in the family. Today the Center for Constitutional Rights sued the federal government on behalf of ACORN. They are alleging that Congressional efforts to defund ACORN constitute an unconstitutional Bill of Attainder. This tired argument has been thoroughly rebutted, but the Center for Constitutional Rights is going to make it anyway. Republican National Lawyers...
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PR News Wire (Free subscription) | 12/11/2009
LOS ANGELES, Nov. 12 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. today announced the retirement of Brian Jones, chairman, West Coast Development. With Jones' retirement, Kevin Ratner, currently President, Residential West, has been named to the new position of president, Forest City West.
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No Land Grab (Free subscription) | 11/11/2009
The Huffington Post by Daniel Goldstein "We don't need no badges. I don't have to show you any stinkin' badges !" DDDB's Daniel Goldstein reveals the essential truth behind this week's testy declamation by Bruce Ratner, who's got the federales, er, well, at least the ESDC, on his side. "Why should people get to see plans? This isn't a public project." — Bruce Ratner discussing...
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Market Wire (Free subscription) | 06/11/2009
NEW DELHI, INDIA (MARKET WIRE) Wallstsense.com is an online community with a dedicated team of analysts who are providing free in-depth research on North American equities. Our analysts have issued complimentary analysis on the following six companies: American Electric Power Co. Inc. (NYSE: AEP), Forest City Enterprises Inc. (NYSE: FCE-A), Synovus Financial Corp. (NYSE: SNV), Kimberly-Clark Corporation...
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PR News Wire (Free subscription) | 05/11/2009
CLEVELAND, Nov. 5 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that its subsidiary, Forest City Community Development Entity, LLC, (FCCDE) was one of ninety-nine groups recently chosen to receive an allocation of New Market Tax Credits (NMTC), as part of a $5 billion federal program to create jobs and revive neighborhoods.
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No Land Grab (Free subscription) | 05/11/2009
Atlantic Yards Report Norman Oder is trying to uncover the details of the federal tax credit [for Atlantic Yards*]: Well, like some other people, I'm still trying to figure out for what Forest City Enterprises got $55 million in federal tax credits, if it wasn't for Atlantic Yards. The New York Daily News today advanced (and muddied) the story today, with an article headlined Forest City Enterprises...
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Atlantic Yards Report (Free subscription) | 05/11/2009
Well, like some other people, I'm still trying to figure out for what Forest City Enterprises got $55 million in federal tax credits, if it wasn't for Atlantic Yards.The New York Daily News today advanced (and muddied) the story today, with an article headlined Forest City Enterprises could get $55M boost from feds [for Atlantic Yards*]. Note that the words in brackets were later excised from the
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No Land Grab (Free subscription) | 05/11/2009
NY Daily News By Erin Durkin The original article about the $55 million federal bailout for Forest City Ratner was posted with "for Atlantic Yards" included in the headline. The developer of the troubled Atlantic Yards project is getting a $55 million shot in the arm from the federal government. The money, part of $5 billion in tax credits announced by the Treasury Department on Friday,...
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Curbed (Free subscription) | 04/11/2009
Atlantic Yards developer Forest City Enterprises is getting $55 million from the federal government. The money isn't specifically for Atlantic Yards, but federal officials said the grant is meant to express confidence that Forest City can get its projects going. Because Atlantic Yards is slated to be in some census tracks classified as low-income, it will probably qualify to use the federal moolah....
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NY Daily News (Free subscription) | 04/11/2009
The developer of the troubled Atlantic Yards project is getting a $55 million shot in the arm from the federal government.