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May 14, 2008
The 100 Most Powerful People in New York Real Estate
Bloomberg, Trump, Ratner, De Niro, the Guy Behind Craigslist! They’re All Among Our 100 Most Powerful People in New York Real Estate
NY Observer
It's noteworthy that the three highest-ranked developers on the Observer's list — #1 Jerry Speyer, #3 Stephen Ross, and #8 Bruce Ratner — are all having a heap of trouble closing their marquee deals: Hudson Yards, Moynihan Station/Madison Square Garden and Atlantic Yards, respectively.
Power. Webster’s Dictionary defines power as … No, no, no, never mind that: Power in New York City real estate means money—its acquisition, spending and creation—especially now, as the market enters a tremulous sunset after several bright, shiny years.
Our list of the 100 Most Powerful People in New York Real Estate was assembled with this finance-centric criterion at the forefront. The list, especially higher up, contains those who animate the deals and the trends. They are the deciders and the money providers. They make the real estate world the rest of us live in; or cover, as the case may be.
...#8 Bruce Ratner
Chairman of Forest City Ratner Companies
The leader of what is perhaps New York’s most high-profile development, the controversy magnet Atlantic Yards, Bruce Ratner is one of the most active developers in the city, often pursuing large, publicly administered projects. He’s recently taken a liking to famous architects, ensuring that his developments leave a notable impression on the skyline.
NoLandGrab: Bruce Ratner only #8 while Amanda Burden is #5? Anyone familiar with the phony 8% Atlantic Yards "scaleback" knows that when Bruce Ratner says "scaleback," Amanda Burden asks "how much?"
Posted by eric at May 14, 2008 10:40 AM