Keeping Things in Perspective

Since Sunday, the Cleveland Plain Dealer has been running an all-out series on Forest City Enterprises, the nation’s largest publicly traded real estate company of which our own little Forest City Ratner (MetroTech, the new Times tower, Atlantic Yards) is just a small part.

They spend a few paragraphs on Forest City’s ability to take public subsidies and use them to make a profit by developing in run-down city neighborhoods that other companies wouldn’t touch. Another worthwhile read examines the company’s tortoise image on Wall Street.

We’re still waiting for that big overview that tells us what the company is all about—and of course we can’t wait to hear them talk about New York City!

Matthew Schuerman

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