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August 5, 2006
Forest City in Talks to Restructure Ratner Portfolio
GlobeSt.com
By Tom Sosnowski
It's odd that the real estate business web site GlobeSt.com covers the recent news that Forest City Enterprises and Forest City Ratner are "in negotiations," "to restructure their combined interest." Does Globe.St really expect subsidiary Forest City Ratner to walk away from the table if negotiations aren't fruitful?
Atlantic Yards critics keep saying that the project isn't a done deal, however, you can take to the bank the corporate restructuring of Bruce Ratner's company into the parent company.
Posted by lumi at August 5, 2006 8:41 AM