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July 19, 2007
Real Estate Round-Up, News, Notes And Trends
Brooklyn Daily Eagle
Compiled by Sarah Ryley
The Eagle ran a retread of the Crain's profile of the Forest City executive newly responsible for Bruce Ratner's controversial Atlantic Yards plan:
Maryanne Gilmartin, recently named executive vice president of Forest City Ratner Companies’ Atlantic Yards arena and high rise project, is profiled in this week’s Crain's New York Business.
Gilmartin, 43, had for eight years overseen the development of the company’s Renzo [Piano]-designed office tower for the New York Times, and before that served as vice president of the city’s Economic Development Corporation. She stepped into her new role last month when her predecessor, James Stuckey, abruptly resigned without walking her through the complicated project.
The Times project and Atlantic Yards have their similarities — both are designed by celebrity architects, use eminent domain, and have risky “finances.” But Atlantic Yards, which has been the target of eight lawsuits, some still in court, will be a “severe test.”
Gilmartin “must line up financing, build the arena in two years and the entire project in 10, achieve LEED environmental certification, lure tenants and home buyers, relocate the rail yard and honor a community benefits agreement — all under the relentless scrutiny of Atlantic Yards foes,” says Crain’s.
Gilmartin, who listens to Coldplay on her iPod, says making her own happiness is the key to her success. Her husband stays home with their three kids, who she says she spends all her free time with, besides 6 a.m. daily workout sessions in her home gym.
NoLandGrab: In 2003, Crain's reported that Gilmartin "couldn’t find sufficiently rigorous aerobics classes. So she became a certified instructor and did the teaching herself."
Posted by lumi at July 19, 2007 7:08 AM