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Founded in 1985, Brooklyn-based Forest City Ratner Companies (FCRC) is one of the foremost real estate developers in the New York metropolitan area. FCRC constructs its projects, and then continues to own and manage them, remaining a community partner long after the construction phase.
The company’s very first project, One Pierrepont Plaza, which opened in 1988, was the first new office construction in downtown Brooklyn in a quarter of a century and contributed to what today is considered the “Brooklyn renaissance.” Since then, FCRC has steadily developed Brooklyn’s MetroTech Center, a thriving, 14-building, 16-acre campus of commercial, academic and high-technology offices that has helped reclaim a dilapidated urban core. The company’s current projects include midtown Manhattan’s New York Times Building, designed by renowned architect Renzo Piano, the Frank Gehry-designed Beekman Tower in lower Manhattan and the Frank Gehry-designed Atlantic Yards development in Brooklyn, which will feature the new home of the NBA Nets franchise, the Barclays Center.
FCRC also has considerable experience creating retail shopping centers throughout the New York metropolitan area, including Atlantic Terminal in Brooklyn. FCRC is engaged in transforming the former Washburn Wire Factory into East River Plaza, a vibrant commercial center in East Harlem. And FCRC’s parent company, Forest City Enterprises, has extensive experience with large, mixed-use developments, including such successful lifestyle centers as Victoria Gardens and Simi Valley Town Center in Southern California, and Northfield Stapleton in Denver.
FCRC, a wholly owned subsidiary of the Cleveland-based Forest City Enterprises, owns and operates 32 properties in the New York metropolitan area. Forest City Enterprises, Inc., is a $9.5 billion NYSE-listed (FCE.A) (FCE.B) national real estate company. The Company is principally engaged in the ownership, development, management and acquisition of commercial and residential real estate and land throughout the United States.
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