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September 5, 2012

Forest City: Barclays Center ribbon-cutting will be Sept. 21; Investor Day at arena will be Oct. 22

Atlantic Yards Report

There will be a "formal ribbon-cutting event" to mark the opening of the Barclays Center arena on Friday, Sept. 21, David LaRue, CEO of Forest City Enterprises (parent of arena developer Forest City Ratner), said today.

(That's one week before the first concert, with Jay-Z, on Sept. 28.)

LaRue and other executives participated in a quarterly conference call with investment analysts, following up yesterday's press release regarding second quarter results.

CFO Bob O'Brien also provided an update on Investor Day, which will be held at the arena on Monday, Oct. 22. He said it would be an afternoon event, with optional evening activities, including a concert at the arena.

The event, he said, would help introduce new investors to Forest City and update them on the company's progress, as well as provide a closer look at the arena and Atlantic Yards.


Posted by eric at September 5, 2012 12:12 PM