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October 10, 2011

Most influential New Yorkers, according to Avenue magazine, include Jay-Z and Mikhail Prokhorov (and, wouldja believe it, Tom Allon)

Atlantic Yards Report

The October issue of Avenue magazine, is devoted to The Avenue A-list: The Most Influential New Yorkers of 2011 [PDF]. The Nets posted the article (as noted by NetsDaily), as it includes the team's majority owner and most prominent minority owner.


Shawn Carter, aka Jay-Z, is one of the most championed hip hop artists and entrepreneurs in America—not to mention the beloved hubby of Beyoncé and soon-to-be father of her child. Growing up in the Bedford-Stuyvesant neighborhood of Brooklyn, Jay-Z has sold approximately 50 million albums worldwide and won 13 Grammy Awards. Jay-Z co-owns the 40/40 Club, is part owner of the New Jersey Nets and is creator of the clothing line Rocawear.

Mikhail Prokhorov

46-year-old Mikhail Prokhorov, the billionaire owner of the New Jersey Nets, dove head-first into the city’s consciousness by becoming the first foreign owner of an NBA team and a central player in one of New York’s biggest real estate dramas. Prokhorov is Russia’s second-richest man and proved himself a major force in New York real estate after developer Harry Macklowe defaulted on a $513 million loan from Deutsche Bank AG. Prokhorov offered to buy the Park Avenue site in question for $250 million back in 2008.

While Prokhorov is surely influential, I'd still contend that Bruce Ratner is more influential, as Ratner has the local connections and pays for the lobbying.


NoLandGrab: Least influential? Clearly we voters and taxpayers, who can't elect anyone worth a damn, and keep getting stuck with Bruce Ratner's tabs.

Posted by eric at October 10, 2011 11:39 AM