Owner-Developer
of the Year
With a portfolio of 12.5 million sq. ft. in properties valued
at $3 billion completed over the last 20 years, Forest City
Ratner has become a big player in New York's development market.
With another 14.7 million sq. ft. planned worth more than
$4 billion, it is poised to reshape a big part of the city
and its own legacy.
Diverse
Portfolio
By the early 1990s, after decades of decline, Times Square
finally bottomed into blight.
Prominent
Architects
When it first began its real estate development efforts two
decades ago, Forest City Ratner Cos. made its name with standard,
profitable projects - shopping malls, movie theaters, and
office buildings that while functional and practical, did
not break architectural ground.
Booming
Borough
It's a good time to be a contractor in Queens.
Queens
Conversion
A hulking eight-story, 484,000-sq.-ft. factory in Queens -
originally built to house a printing facility for Metropolitan
Life Insurance - is undergoing a major reconstruction to create
residential units.
Queens
Revival
The new Jamaica Performing Arts Center in Queens has a classic
storyline.
It's partly a story of redemption. In converting the abandoned
First Reformed Church on Jamaica Avenue into a community theater,
the project is reinventing a cultural icon of the neighborhood.
Safety
Initiative
Six of New York City's largest construction managers and contractors
have thrown their weight behind an effort to establish true
industry-wide safety standards.
Mixed
Prospects
Demand for high-end office space is outpacing supply in Midtown
Manhattan, a bastion of the corporate office real estate market.
But just a few miles downtown in Manhattan - and across New
York, New Jersey, and Connecticut - there are plenty of suites
available, and much less development pressure.
Office
Tower
From the upper floors of Court Square Place, spectacular views
extend from the Bronx to Brooklyn with the entire Manhattan
skyline in between.
Office
Puzzle
New Jersey's Morris County has the largest amount of office
space - 27 million sq. ft. - of any county in the state. It
also has the highest vacancy rate at 24.2 percent.
Click here
for more Features >>
|
