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July 21, 2010

Ratner and Blumenfeld's $400 million East River Plaza opens

The Real Deal
by Amy Tennery

Bruce Ratner claims that shopping in his newest mall is "equivalent to getting a raise." Say what?

Bruce Ratner, chairman and CEO of Forest City Ratner, said that while he's excited about the plaza opening, he's still cautious about development in general. "We're finishing all our projects, that's what's most important now," Ratner told The Real Deal following the ribbon cutting this morning. "In the development business... there's really not [much of a] difference between now and six months ago."

link

NoLandGrab: Yeah, finishing all their projects... in a few decades.

Posted by eric at July 21, 2010 11:16 AM