News

Amtrak Considers Selling Real Estate for Development - Bloomberg

Atlantic Yards - October 23, 2014 - 5:05pm

Amtrak Considers Selling Real Estate for Development
Bloomberg
A sale or rental of rail yards would open up land for development in the five cities, following the examples of Hudson Yards in Manhattan and Atlantic Yards in downtown Brooklyn, both Long Island Rail Road staging areas. The projects account for about ...

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Changing policies make for shift in Chinese foreign real estate investments - InsideCounsel

Atlantic Yards - October 23, 2014 - 8:01am

InsideCounsel

Changing policies make for shift in Chinese foreign real estate investments
InsideCounsel
Shanghai-based Greenland Holding Group Inc.'s 70 percent interest in the enormous Atlantic Yards project in Brooklyn was another headliner. FiveThirtyEight reports that Chinese investors spent $22 billion on U.S. real estate from March 2013 through ...

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Forest City Selling 55% Stake in Barclay's Center - Commercial Property Executive

Atlantic Yards - October 22, 2014 - 8:35am

CBSSports.com

Forest City Selling 55% Stake in Barclay's Center
Commercial Property Executive
Forest City Enterprises, Inc. appears ready to sell its majority stake in the Barclays Center arena, the crown jewel in its $4.9 billion Atlantic Yards project in downtown Brooklyn. The asking price for the 55 percent stake was not available. The ...
Ratner puts debt-ridden Brooklyn Nets arena up for sale after just two yearsField of Schemes
Report: Nets minority owner puts his majority share of Barclays Center up for saleNBCSports.com
Forest City selling majority stake in Barclays CenterCapital New York
NetsDaily
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New York's historic Waldorf hotel sold to Chinese insurance company - CCTV-America

Atlantic Yards - October 21, 2014 - 9:12pm

CCTV-America

New York's historic Waldorf hotel sold to Chinese insurance company
CCTV-America
And Greenland Holdings, a Chinese developer, bought a 70 percent share in the Atlantic Yards project in Brooklyn. Although the Waldorf Astoria is now owned by a Chinese firm, the Hilton group will continue to operate it for the next 100 years. The two ...

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Report: Nets minority owner puts his majority share of Barclays Center up for sale - NBCSports.com

Atlantic Yards - October 21, 2014 - 6:15pm

Music Times

Report: Nets minority owner puts his majority share of Barclays Center up for sale
NBCSports.com
The talks that might have sold a piece of the Brooklyn Nets and a lot of their home the Barclays Center to the owners of the Los Angeles Dodgers fell apart fairly quickly. But that doesn't mean the Nets' owners stopped looking. ... This also will all ...
Bruce Ratner Puts Majority Share in Brooklyn's Barclays Center Up for Sale ...Music Times
Ratner puts debt-ridden Brooklyn Nets arena up for sale after just two yearsField of Schemes
Forest City selling majority stake in Barclays CenterCapital New York
NetsDaily
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On the Market: If You Give JPMorgan Chase $1B, They Promise Not to Cut Too ... - New York Observer

Atlantic Yards - October 21, 2014 - 8:42am

New York Observer

On the Market: If You Give JPMorgan Chase $1B, They Promise Not to Cut Too ...
New York Observer
To wit: the troubled Atlantic Yards development, which Forest City Ratner is now trying to extricate itself from entirely by offering its remaining 55 percent stake in the project for sale, according to The Journal. “The move stands as a test for the ...

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Bruce Ratner Puts Majority Share in Brooklyn's Barclays Center Up for Sale ... - Music Times

Atlantic Yards - October 20, 2014 - 10:19am

Music Times

Bruce Ratner Puts Majority Share in Brooklyn's Barclays Center Up for Sale ...
Music Times
Ratner is heavily invested in the Atlantic Yards buildup in Brooklyn and is aggressively looking to get out of it. He's sold off 70 percent of the project so far to a Chinese company. He's still looking to sell his stake in the arena as well as an ...

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Mikhail Prokhorov, Brooklyn Nets continue their championship quest - Russia Beyond the Headlines

Atlantic Yards - October 19, 2014 - 5:01am

Mikhail Prokhorov, Brooklyn Nets continue their championship quest
Russia Beyond the Headlines
... made the offer to buy a controlling interest of the New Jersey Nets, and the Barclays Center, the centerpiece of land developer's Bruce Ratner's $4.9 billion, 22–acre Atlantic Yards Project, a commercial and residential development in downtown ...

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The Brooklyn Nets and the opportunity of China - NetsDaily

Atlantic Yards - October 18, 2014 - 8:57am

NetsDaily

The Brooklyn Nets and the opportunity of China
NetsDaily
The AYR reported, on the other hand, presented the trip as a tawdry attempt to lure more Chinese nationals into investing $500,000 each in Atlantic Yards in return for green cards. Norman Oder, the critic and chronicler of the Atlantic Yards project ...

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A political guide to Cuomo's appellate court options - Capital New York

Atlantic Yards - October 16, 2014 - 5:25pm

A political guide to Cuomo's appellate court options
Capital New York
She later raised the ire of Brooklyn activists when, as a partner at Skadden Arps, she represented the state against lawsuits that attempted to stop the Atlantic Yards development. Bansal was mentioned as a candidate for solicitor general in the early ...

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A political guide to Cuomo's appellate court options - Capital New York

Atlantic Yards - October 16, 2014 - 5:25pm

A political guide to Cuomo's appellate court options
Capital New York
She later raised the ire of Brooklyn activists when, as a partner at Skadden Arps, she represented the state against lawsuits that attempted to stop the Atlantic Yards development. Bansal was mentioned as a candidate for solicitor general in the early ...

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Breakthrough Atlantic Yards module honored as work stoppage continues - Real Estate Weekly

Atlantic Yards - October 16, 2014 - 4:38pm

Breakthrough Atlantic Yards module honored as work stoppage continues
Real Estate Weekly
“David Farnsworth and Roger Krulak for building the United States' first modular skyscraper – In downtown Brooklyn, America's first high-rise modular tower is being built. However, unlike every other construction project, it's not built brick-by-rick ...

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Breakthrough Atlantic Yards module honored as work stoppage continues - Real Estate Weekly

Atlantic Yards - October 16, 2014 - 4:38pm

Breakthrough Atlantic Yards module honored as work stoppage continues
Real Estate Weekly
“David Farnsworth and Roger Krulak for building the United States' first modular skyscraper – In downtown Brooklyn, America's first high-rise modular tower is being built. However, unlike every other construction project, it's not built brick-by-rick ...

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On the Market: 432 Officially Tops Out; Barnett Working on Another 57th St. Tower? - New York Observer

Atlantic Yards - October 14, 2014 - 9:34am

On the Market: 432 Officially Tops Out; Barnett Working on Another 57th St. Tower?
New York Observer
Slate has a fun four-minute video of Brooklyn's evolution on screen over the last seven decades—from the borough that everyone was trying to get out of to the borough that everyone was trying to get into, from dump to dog-walkers' paradise and ...

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The tangled past of the hottest money-raiser in America's visa-for-sale program - Fortune

Atlantic Yards - October 14, 2014 - 5:01am

Fortune

The tangled past of the hottest money-raiser in America's visa-for-sale program
Fortune
In just four years, he has developed a lucrative role raising money for marquee projects such as Atlantic Yards, the giant Brooklyn development anchored by the Barclays Center, home of the NBA's Nets. Forest City Ratner, which is developing Atlantic ...

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Top 10 biggest real estate projects coming to NYC - The Real Deal Magazine (blog)

Atlantic Yards - October 13, 2014 - 7:10am

The Real Deal Magazine (blog)

Top 10 biggest real estate projects coming to NYC
The Real Deal Magazine (blog)
... in Manhattan and half in Brooklyn. No other borough made the top this month, which ranges from 1.6 million square feet for a commercial property at Hudson Yards to the No. 10-ranked 330,000-square-foot residential building at Atlantic Yards ...

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Brooklyn Nets embrace China ... and China embraces the Brooklyn Nets - NetsDaily

Atlantic Yards - October 10, 2014 - 10:51am

NetsDaily

Brooklyn Nets embrace China ... and China embraces the Brooklyn Nets
NetsDaily
Greenland Forest City Partners – the joint venture recently forged between the Chinese developer that bought into Atlantic Yards/Pacific Park and Bruce Ratner – will host an introductory event for Pacific Park in Shanghai this week, coinciding with the ...

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Renderings Revealed for Next Market-Rate Pacific Park Tower - Curbed NY

Atlantic Yards - October 10, 2014 - 8:54am

Curbed NY

Renderings Revealed for Next Market-Rate Pacific Park Tower
Curbed NY
The next two towers in the Pacific Park (née Atlantic Yards) megaproject are being designed by the architects at COOKFOX, and the first to go up will be the 100 percent affordable 535 Carlton Avenue. (The developers need to build 2,250 units of ...

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What the Democratic Process Can Learn From Good Game Design - Utne Reader Online

Atlantic Yards - October 9, 2014 - 5:04am

Utne Reader Online

What the Democratic Process Can Learn From Good Game Design
Utne Reader Online
Case in point: A public hearing on the largest development project in New York City history—Brooklyn's Atlantic Yards. On a late August afternoon in 2006, hundreds of opponents and supporters crammed into a university auditorium, with latecomers lined ...

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Chinese Return to the Waldorf, With $2 Billion - New York Times

Atlantic Yards - October 8, 2014 - 8:29pm

New York Times

Chinese Return to the Waldorf, With $2 Billion
New York Times
A Shanghai-based developer, the Greenland Group, owns 70 percent of Brooklyn's $5 billion Atlantic Yards project. The real estate deals have prompted comparisons to the wave of purchases by Japanese investors in the 1980s. Back then, many players got ...
New York's Waldorf Hotel to be Largest Ever Chinese AcquisitionIPINglobal.com
Hilton Worldwide to sell its New York hotel Waldorf Astoria to Chinese firm ...Economic Times

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