Brookfield buys Forest City, becomes NYC’s biggest landlord
There’s a new leader in New York’s commercial real estate scene. Brookfield has reached a deal to acquire Forest City for $11.4 billion, making it...
Tag : forest city
Aussies acquire FCR stake in $3B retail portfolio
Forest City has sold its stake in a portfolio of ten malls valued at $3.175 billion to Australian firm QIC Global Real Estate. The package...
Former GM exec replaces Bruce Ratner in Forest City board
Jamie Behar, a former executive at General Motors asset management unit GM Investment Management Corporation, has been named to the Board of Directors of Forest...
Working together to reduce New York City’s carbon footprint
Last week, the Real Estate Board of New York joined Mayor Bill de Blasio to launch the NYC Carbon Challenge for Commercial Owners and Tenants....
Law firm Abrams Fensterman takes 23,000 s/f at Forest City’s One Metro Tech Center
Law firm Abrams Fensterman has taken 23,000 s/f at Forest City’s One Metro Tech Center in downtown Brooklyn. Abrams Fensterman, which specializes in land use...
Forest City, owner of Atlantic Terminal and Harlem Center, exploring exit from retail
Forest City Realty is exploring “strategic alternatives” that may lead to the conversion of its retail portfolio into residential and office properties. The company, the...
Forest City scores $285M from sale of Barclays Center, Brooklyn Nets
Forest City Enterprises has signed a deal to sell its share of the Brooklyn Nets and the Barclays Center to majority owner, Mikhail Prokhorov. The...
Forest City completes REIT conversion
Forest City Enterprises has completed its conversion to a Real Estate investment Trust. “We are thrilled to complete the conversion process and begin operating as...