Forest City Ratner says that the judge’s decision invalidating its control of two properties in the Atlantic Yards footprint will be appealed. An e-mailed statement on Wednesday afternoon reads:
– Matthew Schuerman
Correction: An earlier post said that Forest City would appeal the ruling. Since the case is between the landlord and leasee (which then tried to sell the lease to Ratner), the development company has no direct role in the litigation. It will be the leasee, Shaya Boymelgreen, who will appeal.