Values in Mauled Debt Nov 16, 2009
Yet you have stakes in a few U.S. real estate companies, including Forest City Enterprises (), your top holding. Forest City is a real estate operating company, not a REIT. We recently picked them up cheap. (BusinessWeek)
Cranberry man defends political ties Oct 22, 2009
Cranberry businessman defends political ties. Portrayed as a puppetmaster by a mayoral challenger, Cranberry businessman John Verbanac yesterday called the accusations that he's exercised undue influence over Pittsburgh Mayor Luke Ravenstahl "a little bit tiring.". (Pittsburgh Post-Gazette, PA)
Acklin says mayor has improper ties Oct 22, 2009
The most significant development issues involved two instances in which Mr. Verbanac worked as an adviser to Forest City Enterprises -- the battle over the award of Pittsburgh's casino license and the selection of a lead developer for the former LTV site in Hazelwood. In a subsequent telephone interview, Mr. Verbanac noted that his position had not prevailed on either one of those. (Pittsburgh Post-Gazette, PA)
In brief: Hamilton Partners | Former Searle campus | Loop expansion Sep 25, 2009
The facility will begin with 12 employees and is expected to increase to 50, according to Mr. Prescott, a senior vice-president with Cleveland-based Forest City Enterprises Inc., which owns the park. School expands at Loop building. (Crain's Chicago Business)
Tavern on the Green's struggles may hurt S.F. Sep 12, 2009
That's bad news for the Metreon and its owners Westfield Group and Forest City Enterprises, which bought the mall in 2006. Nearly a year and a half ago, the Tavern on the Green was seen as the first step toward reviving the Metreon, which opened in 1999 at Fourth and Mission streets near the Yerba Buena Center, but has struggled to maintain tenants and interest customers. (San Francisco Chronicle -- Business)
Towne Place receiver named Sep 5, 2009
The decision rejected s choice of Emerick Corsi Jr. of Cleveland-based Forest City Enterprises as the receiver. Bank of America, one of six banks that funded the project, had been at loggerheads with the group of 13 contractors who are seeking $6 million in back payments for their work. (Cincinnati Business Courier, OH)
Israels many faces on display at MOCA Sep 4, 2009
The exhibit is made possible by the Jewish Community Federation with major support from Forest City Enterprises and the Cleveland Jewish News. Additional support is from Artis-Contemporary Israeli Art Fund and the Consul General of Israel to the Mid-Atlantic Region of the United States. (Cleveland Jewish News, OH)
ON THE RISE (253) Sep 2, 2009
Vice president of sustainability: Forest City Enterprises ... As the third generation of the founding family of Forest City Enterprises, Ratner knew he had a unique opportunity to make a difference in how buildings are constructed and managed. (Cleveland Jewish News, OH)
Matrix, Sports Rock Cafe file Chapter 11 Aug 18, 2009
Matrix lists total debts of $197,000, with $100,000 due to Allegheny County and the rest due to its landlord, Cleveland-based Forest City Enterprises. Sports Rock lists debts of more than $165,000, with the largest creditors its landlord, Walnut Capital Partners, and Strategic Energy. (Pittsburgh Business Times, PA)
Foundations' money sparks Pittsburgh's recovery Aug 17, 2009
"The VA also has some important challenges; we can attack these in a more 'whole systems' way, from the bottom up and from the top down. This is exactly the kind of thinking that I learned at Carnegie Mellon, and that I have implemented in my academic, industry Verizon Awards $60,000 Grant to the Florida Center for Instructional Technology to Train Teachers to Use Innovative, Free Online Resources at Thinkfinity.org The USF College of Education's Florida Center for Instructional Technology... (Fresno Bee -- Nation)
Evaluating metro Atlanta’s other malls Jul 25, 2009
The Mall at Stonecrest (2001) (Forest City Enterprises), Lithonia. With over 1. (Atlanta Journal-Constitution -- Business)
Chatham Financial Launches OTC Derivatives Website to Support Informed Legislation Changes Jul 23, 2009
Sally Ingberg from Forest City Enterprises, Inc. after attending a meeting in Washington, DC among industry and government policy makers last week stated, "Companies who depend on access to affordable and effective OTC derivatives to mitigate business risks everyday need to make their voices heard so that legislation intended to address issues created by a few does not result in new problems and risks for thousands of U.S. businesses.". HedgingWorks. (PR Newswire)
Activists want Kettleman industrial plans halted Jul 9, 2009
Can Forest City Enterprises deliver for downtown Fresno. With billions of dollars in assets and a record of urban revitalization projects around the country, the Cleveland-based development company has earned a reputation for success. (Fresno Bee -- Local)
Audience Response Systems For Emplo... Jul 3, 2009
Forest City Enterprises Inc., a real estate company, uses audience response to improve the decision-making in its internal communications department. When evaluating materials for the company newsletter, website or other communications tools, the company uses the anonymity of the technology to gain input from the entire team. (Suite101.com)
Cambridges S E A Consultants wins city green award Jun 24, 2009
The award was presented in the stormwater management/large business category and recognized a green roof S E A Consultants designed for University Park at MIT, a park developed by Forest City Enterprises in cooperation with the city and MIT.. The annual GoGreen awards are presented in recognition of local businesses and organizations for outstanding practices in transportation, waste reduction and recycling, energy, storm water management, climate protection, and community sustainability. (Cambridge Chronicle, MA)
Cambridge recognizes green businesses May 28, 2009
In the new stormwater management category Forest City Enterprises and Old Cambridge Baptist Church. Forest City constructed a residential loft project at 23 Sidney St., which includes a green vegetated roof and stormwater detention. (Cambridge Chronicle, MA)
Water taxi does the weekend party loop May 28, 2009
Rocco Miller, Station Square general manager, needed approval from Forest City Enterprises in Cleveland, and wanted to be sure this water taxi didn't interfere with the Gateway Clipper, which has shuttled fans to Pirates games for decades. "We didn't want to bring in a service that would compete with them out of respect for their business operation," Mr. Miller said, calling them "one of our anchor tenants.". (Pittsburgh Post-Gazette, PA)
"Poised between hope and despair": Aaron David Miller on world issues May 22, 2009
His father Sam Miller is co-chairman of Forest City Enterprises and a major player in Cleveland politics, as well as in national Jewish organizations. His mother Ruth Ratner Miller (who died in 1996) helped lead efforts to renovate downtown Cleveland in the 1980s and played a prominent role in Jewish philanthropic activities. (Cleveland Jewish News, OH)
Fresno turns to local developers for downtown revitalization May 4, 2009
But others have flopped -- especially plans by a national developer, Forest City Enterprises, to rebuild 17 city blocks at downtown's southernmost point. As a result, the city's top leaders are changing course. (Fresno Bee)
Adjournment of Magna Entertainment chapter 11 bankruptcy hearing Apr 4, 2009
On March 5, 2009, MID entered into an agreement with MEC to purchase MEC's relevant interests associated with the following assets (the "Stalking Horse Bid"): Golden Gate Fields; Gulfstream Park, including MEC's interest in The Village at Gulfstream Park(TM) (a joint venture with Forest City Enterprises, Inc.); Palm Meadows Training Center and related excess lands; Lone Star Park; AmTote; XpressBet(R); and a holdback note associated with MEC's sale of The Meadows in 2006. MID's aggregate offer... (PR Newswire)
Biz groups join push for Colo. bioscience Mar 22, 2009
Other groups behind We Work for Health are the Adams County Economic Development, Alliance of Health Disparities, Arvada Economic Development Association, Aurora Economic Development Council, Bayer AG, Boulder Economic Council, Broomfield Economic Development Corp., Colorado BioScience Association, Colorado Cross-Disability Coalition, Colorado Professional Firefighters, Colorado Springs Regional Economic Development Corp., Colorado State University, Fitzsimons Redevelopment Authority, Forest... (Denver Business Journal, CO)
$773 million from bailout recouped for Hawaii Mar 21, 2009
Forest City, a unit of Ohio-based Forest City Enterprises Inc., has a contract to build or refurbish about 7,000 Navy and Marine Corps homes at Marine Corps Base Hawaii in Kane'ohe Bay, around Pearl Harbor and Manana. The Navy contributed some equity to the partnership. (Honolulu Advertiser)
Forest City Announces Extension of Credit Facility for NBA Nets Mar 18, 2009
Forest City Enterprises, Inc. Logo. (PRNewsFoto/Forest City Enterprises, Inc.) CLEVELAND, OH UNITED STATES ... CLEVELAND, March 17 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) announced today that Brooklyn Basketball, LLC, in which the Company has an equity interest, has secured an extension of a $65 million credit facility related to the National Basketball Association (NBA) Nets professional basketball team. (PR Newswire)
Forest City hits the silk Mar 17, 2009
The departure of Forest City Enterprises from the downtown Fresno scene is hardly the last word we'll hear on that five-year effort to revitalize the area south of Chukchansi Park. Supporters and opponents of the project will be pointing fingers at one another for some time, we suspect. (Fresno Bee)
Swearengin reviews plans for downtown Fresno Mar 17, 2009
The meeting was planned long before Forest City Enterprises announced Friday that it was pulling out of downtown Fresno, and taking its $300 million residential and commercial project with it. Swearengin seemed unbowed by that news, saying that Forest City had a great plan, but not the only plan for rejuvenating downtown. (Fresno Bee)
Forest City Enterprises cancels downtown Fresno project Mar 14, 2009
Forest City Enterprises has abandoned plans for a $300 million project in downtown Fresno that would have brought housing and commercial businesses to an 85-acre area south of Chukchansi Park, the company announced today. The company has had an exclusive development deal with the city of Fresno since 2004, but was unable to close a $100 million gap in funding for the South Stadium project. (Fresno Bee)
Forest City ends Fresno project Mar 14, 2009
Forest City Enterprises on Friday abandoned the proposed South Stadium Project, a $300 million mix of housing and commercial businesses in downtown Fresno. The company had exclusive development rights to 85 acres south of Chukchansi Park since 2004, but was unable to raise the last $100 million it needed, said Kevin Ratner, president of Forest City Residential West. (Fresno Bee)
Planners OK Station Square amphitheater Mar 4, 2009
Forest City Enterprises, the Station Square owner, did not renew the lease because land was needed for its bid for the city's slots casino, which ended up going to the North Shore. The Station Square amphitheater could be the first of three at the confluence of the three rivers. (Pittsburgh Post-Gazette, PA)
Auto dealerships get new purpose Feb 27, 2009
In Lakewood, Ohio, the city partnered with developer Forest City Enterprises Inc. to build a condo-and-retail project called Rockport Square on the site of two former auto dealerships. "You have to decide the advantages of the site and the problem you are trying to fix," said Sanderson, vice president of joint ventures at Forest City Land Group. (AZCentral -- Business)
Two amphitheaters planned for city's opposite shores Feb 12, 2009
Station Square owner, Forest City Enterprises, did not renew the lease for the Chevrolet Amphitheatre because the site was needed for a proposed casino. But when Station Square lost the casino bid, it was left with a vacant five-acre parcel. (Pittsburgh Post-Gazette, PA)
