Celebrity Sightings

3 Photos

Beyoncé and child.

Beyonce and Jay-Z Check Out Lin–and Their Nets

Brooklyn Nets (née New Jersey Nets) investor Jay-Z and his wife Beyoncé have kept a relatively low public profile since the birth of their daughter Blue Ivy Carter, independently releasing songs and photos and singing at Carnegie Hall. Perhaps it’s only a low profile by celebrity-couple standards, but they didn’t go to the Grammys!

Last night, though, Mr. Z and Ms. é made an appearance at Madison Square Garden to see the Nets defeat Jeremy Lin’s Knicks. Forensic analysis of photos shot at the game indicates that Beyonce wore potential parquet-destroying heels, and that the best and worst part of being a civilian sitting courtside is getting to sit next to a celebrity but having to pretend to text so as to play it cool. Read More

ICSC

Mayor Mike Bloomberg addresses reporters following his opening remarks at ICSC

You See, the Mayor Sees, We All See ICSC

We were inside the West Ballroom at The Hilton New York, on the hunt for available seats when a large and friendly man sitting dead center in the front row waved us over and asked us to sit with him.

That friendly man was Bruce Ratner, head of Forest City Ratner Companies, who had no  idea that he had just invited two reporters from The Commercial Observer to join him. Read More

An Arena Grows in Brooklyn

Slam doink. (Getty)

How 'Bout Them Brooklyn Nets?

Brooklyn may be home to a swelling creative class, but all that brain power—or at least that of Jay-Z, Bruce Ratner and Mikhail Prokhorov—could do no better than “the Brooklyn Nets” when it comes to naming the team, which moves to the borough next season. The Observer was really pulling for the Brooklyn Queens Expressways or the BroBos, but our dreams were rejected like a Kris Humphreys lay-up. Read More

Brooklyn Nets

Phoenix Suns v New Jersey Nets

Jay-Z Announces "Brooklyn Nets" Title, Tells Everyone To Stop Watching Knicks Games

One year from now, Jay-Z will be performing in his hometown Brooklyn. That’s the good news. The rapper’s love of basketball has led to his owning a small stake in the former New Jersey Nets, which from now on will be the Brooklyn Nets. (We would have really preferred it if owner/Russian billionaire Mikhail Prokhorov had actually named the team after his girlfriends.)

The group will find its new home at the soon-to-be-built Barclays Center on Flatbush and Atlantic Ave., as part of Bruce Ratner’s Atlantic Yards Project that’s been going so well. Jay himself announced the official name in a “brief and anticlimactic” ceremony in New Jersey today. Read More

An Arena Grows in Brooklyn

Hmmm... do I take the pay cut?

Bounced from Brooklyn? Prokhorov's Prospective Presidential Run Poses Questions

On Sept. 2, Mikhail Prokhorov, billionaire owner of the soon-to-be-Brooklyn Nets, announced he would consider a run for the Russian presidency this winter if the political party he created, Right Cause, does well in parliamentary elections in December. (The Transom first learned of this from a friend who is a journalist in Moscow, and confirmed it with English-language reports of Mr. Prokhorov’s comments.)

So, if Mr. Prokhorov, the central-casting projection of modern muscular Russia, does, in fact, edge out his friend Vladimir Putin or Mr. Putin’s hand-picked successor, Dmitry Medvedev, what will it mean for the borough’s b-ball? Can one man be the leader of a superpower and the owner of a powerhouse at the same time? Read More

Mikhail Prokhorov, Stereotype Buster

To Nets owner Mikhail Prokhorov, Brooklyn is a country—one that he says will help him make his Nets worth $1 billion in five years.

The Russian billionaire is featured on the cover of Forbes Russia’s August “Stars and Money” issue, discussing his conservative profit estimates, his passion and love for sports, and the Read More