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June 14, 2007

Stuckey Leaves Atlantic Yards

The Real Estate Observer
By Matthew Schuerman

Stuckey-REO.jpgMore on Forest City Ratner Atlantic Yards Group President Jim Stuckey's firing:

Much more than the company’s chief executive, Bruce Ratner, it was Mr. Stuckey, a tall silver-haired fellow with a goatee, who defended the 22-acre project at public hearings, press conferences and the like.

A Crain’s New York Business profile of him last May, published right after he was promoted to become head of an Atlantic Yards subsidiary, said that Mr. Stuckey did not fit the “mold of ruthless real estate developer” and was studying for a master’s in theology on the side and played cello as a youngster. He ran the Public Development Corporation under Mayor Ed Koch, the precursor to the Economic Development Corporation, right when Forest City was building the MetroTech center in downtown Brooklyn. After a stint at a real estate consulting company, Mr. Stuckey went to work for Forest City doing exactly the type of public-private partnerships that he once oversaw.

His picture and bio are already off the company’s Web site.

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Posted by lumi at June 14, 2007 12:56 AM