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In June, 2017 Forest City shareholders voted to eliminate the dual share structure that had enabled the founding Ratner family to control the company. The City of New York also filed a lawsuit against the company in conjunction with the rent due pursuant to a ground lease.
358:
and Fannye Ratner, immigrants from Poland. Beginning in the 1930s, the company invested in residential garages, apartments, retail strip centers. During World War II, the company manufactured and prefabricated governmental housing.
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334:. As of December 31, 2017, the company owned 29 office buildings, 29 shopping centers, and 78 apartment complexes. On December 7, 2018, the company was acquired by
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In 2011, the company sold a 49% stake in a retail portfolio in New York for $ 172.3 million. In 2013, the company acquired a 100% interest in a mall in
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734:"Forest City Acquires Partner's Share of Pittsburgh Regional Mall; Sells Its Interest in Adjacent Specialty Center to Partner"
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is an open-air, 1,200,000-square-foot (110,000 m) retail town center at the company's mixed-use redevelopment project at
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587:
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to K&D Group for $ 38.5 million, and sold 7.7 acres and 8 buildings in
Cleveland to an investor group for $ 3.5 million.
388:
In 2016, for tax purposes, the company converted into a real estate investment trust. The company also sold its stake in the
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In August, 2017 the company sold 25 acres in
Cleveland. In October, 2017 the company sold its interests in 10 malls to
363:
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716:"Forest City Announces Joint Ventures with Madison International Realty for 15 New York City Area Retail Centers"
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In 1960, Forest City became a publicly-traded company. In 1987, the company sold its retail lumber business to
680:
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39:
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857:"Terminal Tower sold to K&D Group in $ 38.5 million deal; apartments planned for 12 floors (photos)"
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876:"Forest City sells Flats properties to Cleveland-area investor group eyeing development (photos)"
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576:, a 52-acre (210,000 m) indoor and outdoor shopping, dining and entertainment complex in
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501:, is the company's largest mixed-use development, co-owned by Covington Capital Partners.
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1023:"Brookfield cuts jobs, including top executives, at Forest City as acquisition looms"
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844:(Press release). Forest City Enterprises. February 22, 2016 – via PR Newswire.
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586:, a mixed-use urban redevelopment project on an abandoned industrial site near the
477:, a primarily residential development on the site of a former railroad terminal in
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809:(Press release). Forest City Enterprises. January 4, 2016 – via PR Newswire.
736:(Press release). Forest City Enterprises. April 18, 2013 – via PR Newswire.
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400:, sold its military housing division to Hunt Companies for $ 208.8 million, sold
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982:"Forest City and QIC execute definitive agreements for regional mall portfolio"
789:"Forest City completes deal with Macy's for Ballston Common mall redevelopment"
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624:, an upscale, urban shopping center in San Francisco co-owned and managed by
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487:, a mixed-use urban redevelopment project of a historical office complex in
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Radian, a 26-story, curved residential tower in the
Financial District of
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960:"Forest City sells 25 acres on Scranton Peninsula in Cleveland (photos)"
842:"Forest City closes sale of military housing business to Hunt Companies"
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718:(Press release). Forest City Enterprises. March 29, 2011 – via
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in
Pittsburgh for $ 61 million. It also announced plans to redevelop
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822:"Forest City no longer owns stake in Brooklyn Nets, Barclays Center"
926:"City Files Suit Against Forest City For Times Square Ground Lease"
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1002:(Press release). Brookfield Asset Management. December 7, 2018.
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1000:"Brookfield Completes Acquisition of Forest City Realty Trust"
650:"Forest City Realty Trust, Inc. 2016 Form 10-K Annual Report"
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984:(Press release). Forest City Enterprises. October 2, 2017.
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676:"From Lumberer to Developer, Forest City's Roots Run Deep"
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from the original on May 8, 2021 – via PR Newswire.
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449:, also known as "New York by Gehry", for its designer,
896:"Forest City shareholders OK changing stock structure"
442:
Notable projects that were owned by the company are:
770:"Forest City details Ballston Common mall makeover"
346:In 1920, Forest City was founded as a family-owned
1056:Defunct real estate companies of the United States
924:
894:
807:"Forest City completes conversion to REIT status"
418:On December 7, 2018, the company was acquired by
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610:, an upscale, urban open-air shopping center in
1006:from the original on May 14, 2021 – via
749:"Sheraton Station Square Hotel sold for $ 61M"
16:Real estate management and development company
600:, a mixed-use shopping center development in
373:. The company also sold a Sheraton hotel in
787:Sernovitz, Daniel J. (September 12, 2013).
768:Sernovitz, Daniel J. (September 17, 2013).
966:. Cleveland: cleveland.com. Archived from
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1066:Real estate companies established in 1920
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381:. The company acquired a key parcel from
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310:, and the greater metropolitan areas of
67:Charles, Leonard, Max, and Fannye Ratner
1033:from the original on November 20, 2023.
939:from the original on September 15, 2017
892:
855:Jarboe, Michelle (September 15, 2016).
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655:U.S. Securities and Exchange Commission
354:business by siblings Charles, Leonard,
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874:Jarboe, Michelle (December 21, 2016).
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1021:Jarboe, Michelle (December 6, 2018).
820:Jarboe, Michelle (February 1, 2016).
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588:Massachusetts Institute of Technology
497:, planned for 100,000 inhabitants in
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958:Jarboe, Michelle (August 4, 2017).
923:Rothstein, Matthew (June 1, 2017).
13:
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364:Handy Andy Home Improvement Center
14:
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674:Perez, Christine (June 1, 2007).
618:, until the store closed in 2020.
507:, a 52-story building in Midtown
485:Mercantile National Bank Building
413:Queensland Investment Corporation
747:Gough, Paul J. (July 19, 2013).
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523:Stapleton International Airport
255:Footnotes / references
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622:Westfield San Francisco Centre
533:Public Health Service Hospital
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264:Forest City Realty Trust, Inc.
22:Forest City Realty Trust, Inc.
1:
681:National Real Estate Investor
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322:The company was organized in
1029:. Cleveland: cleveland.com.
602:Rancho Cucamonga, California
272:real estate investment trust
51:; 104 years ago
40:Real estate investment trust
7:
1051:1920 establishments in Ohio
793:Washington Business Journal
774:Washington Business Journal
754:Washington Business Journal
552:, a shopping center on the
436:The New York Times Building
420:Brookfield Asset Management
336:Brookfield Asset Management
95:Brookfield Asset Management
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608:Westchester's Ridge Hill
592:Cambridge, Massachusetts
505:New York Times Building
268:Forest City Enterprises
584:University Park at MIT
560:Short Pump Town Center
511:designed by architect
457:Pacific Park, Brooklyn
439:
434:Forest City developed
215:$ 3.844 billion (2017)
198:$ 8.063 billion (2017)
181:$ 0.215 billion (2017)
164:$ 0.911 billion (2017)
970:on December 10, 2018.
696:"Handy Andy Purchase"
461:mixed-use development
433:
77:; 5 years ago
75:December 7, 2018
519:Northfield Stapleton
415:for $ 1.55 billion.
385:for $ 13.4 million.
379:Ballston Common Mall
932:Bisnow Philadelphia
704:. January 15, 1987.
626:The Westfield Group
221:Number of employees
129:Robert G. O’Brien,
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568:Richmond, Virginia
467:that includes the
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352:household hardware
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616:Lord & Taylor
612:Yonkers, New York
398:Mikhail Prokhorov
274:that invested in
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119:James A. Ratner,
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535:District in
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225:1,548 (2017)
205:Total equity
188:Total assets
101:Headquarters
93:Acquired by
18:
720:PR Newswire
513:Renzo Piano
499:Albuquerque
451:Frank Gehry
426:Investments
304:Los Angeles
266:, formerly
237:.forestcity
1045:Categories
633:References
578:Pittsburgh
371:Pittsburgh
284:apartments
171:Net income
150:Apartments
114:Key people
82:2018-12-07
509:Manhattan
328:Cleveland
1031:Archived
1004:Archived
986:Archived
943:April 2,
937:Archived
908:April 2,
465:Brooklyn
392:and the
324:Maryland
270:, was a
138:Products
121:Chairman
64:Founders
36:Industry
479:Chicago
342:History
292:Chicago
230:Website
156:Revenue
80: (
72:Defunct
54: (
46:Founded
544:Boston
527:Denver
489:Dallas
383:Macy's
348:lumber
300:Denver
296:Dallas
288:Boston
242:
562:, an
945:2022
910:2022
459:, a
350:and
332:Ohio
318:and
282:and
239:.net
90:Fate
56:1920
49:1920
590:in
566:in
525:in
463:in
396:to
356:Max
286:in
235:www
131:CFO
126:CEO
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
