Forest City Ratner Cos.

One of the foremost developers, owners and operators of distinctive urban real estate in New York, Forest City Ratner Companies is committed to projects that enhance local communities and encourage economic development. Based in Brooklyn, Forest City Ratner Companies is a wholly owned subsidiary of Forest City Enterprises, Inc.
In Manhattan, our properties include:

• The New York Times Building, offering Class A office space and ground-level retail and designed by the world-renowned Renzo Piano Building Workshop of Genoa and Paris, in association with FXFowle Architects of New York.
• New York by Gehry at 8 Spruce Street, a 76-story residential building in Lower Manhattan, designed by renowned architect Frank Gehry.

In Brooklyn, our properties include:

• Barclays Center, a state-of-the-art arena that is home to the Brooklyn Nets and hundreds of events per year. It sits atop one of the three largest transportation hubs in New York City.
• MetroTech Center, a corporate campus located in downtown Brooklyn, just minutes away from Wall Street. Office towers with ground-floor retail surround a park-like open space that lends a campus feel to the development.
• DKLB BKLN, a 34-story residential rental tower with views of the Manhattan skyline, New York Harbor and Brooklyn. As a part of Forest City’s commitment to sustainability, it is LEED Silver certified by the U.S. Green Building Council.

About Forest City
Forest City Enterprises, Inc. is an owner, developer and manager of a diverse portfolio of premier real estate property located throughout the United States. Forest City has assets of approximately $10.7 billion as of 7/31/13 and operates under three strategic business units:

The Commercial Group is Forest City’s largest business unit – with 96 retail, office, arena, hotel and mixed-use properties. As of 1/31/13, the group’s portfolio included:

• 44 retail properties with Gross Leasable Area (GLA) of approximately 15.2 million square feet
• 47 office buildings with approximately 13 million square feet
• Two hotels with 1,015 rooms

The Residential Group owns and/or manages rental units in urban and suburban apartment communities, adaptive re-use, supported living properties and military housing. As of 1/31/2013. the group’s portfolio included:

• 115 apartment communities with over 32,564 units
• 12 military housing communities with more than 14,100 units

The Land Development Group works with major corporations and individual landowners in developing master-planned communities and land for residential, commercial and industrial use.

• 289 acres of developable land at two mixed-use land development projects
• 9,438 acres of land held for divestiture, including 33 projects

HISTORY
At Forest City, our vision is to be the real estate leader and partner-of-choice in creating distinctive places to live, work and shop. That vision springs from our history, a true example of the American dream.

Forest City was founded in 1920 after the Ratowczer (later changed to Ratner) family emigrated to the U.S from Poland. Through hard work and good fortune, the family materials business – built by four siblings, Charles, Max, Leonard and Fannye Ratner – grew and expanded beyond the founders’ wildest dreams.

The Company originally sold building materials to contractors, eventually expanding into retail. In the 1930s, the company purchased its initial lots for community development and bought it first apartment building. Forest City built prefabricated apartment housing in the 1940s, while also developing its first strip shopping malls.

Forest City’s real estate operations continued to grow as the Company went public in 1960, initially offering 450,000 shares over the counter and joining the American Stock Exchange a few months later and eventually joining the New York Stock Exchange.

The 1960, 70s and 80s saw the company’s development footprint expand from the Midwest to California and New York as it became known for complex urban developments. The company would exit the retail and lumber businesses to focus on the ownership, management and development of real estate.

In the past two decades, Forest City undertook and completed some of its most well-known projects, including the world-renowned Stapleton community in Denver, The New York Times Building in Manhattan, University Park at MIT near Boston, and Victoria Gardens in California.

In 2011, David J. LaRue succeeded Charles A. Ratner as CEO, becoming the first chief executive in Forest City’s history who is not related to the founding family.

The company recently celebrated the grand opening of Barclays Center, a state-of-the-art arena in downtown Brooklyn, the new home of the NBA’s Brooklyn Nets and the anchor element of the overall Atlantic Yards development.

Today, Forest City’s diverse portfolio includes hundreds of properties throughout the U.S., with a distinct focus on retail, office and apartments, as well as selected opportunities to bring these types together in large, mixed-use projects that create a unique sense of place.

As many at Forest City are proud to say, “we stand on the shoulders of giants,” meaning the men and women who built the company from the ground up. The company continues that legacy today as it  strives to grow strategically and create value for stakeholders and communities.

Our vision
To be the real estate leader and partner-of-choice in creating distinctive places to live, work and shop.

Our mission
Forest City is a leading owner, operator, and developer of distinctive and diversified real estate projects in select core markets, which create value for our shareholders, customers, and communities through place creation, sustainable practices, and a long-term investment perspective. We operate by developing meaningful relationships and leveraging our entrepreneurial capabilities with creative and talented associates who embrace our core values.

THE NEW YORK TIMES BUILDING 

WESTCHESTER’S RIDGE HILL 

8 SPRUCE STREET (ALSO KNOWN AS NEW YORK BY GEHRY)