Tag: bruce ratner

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Ratner agrees to accelerate affordable housing

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The Times reports that Bruce Ratner will sign a formal agreement to accelerate the construction of 2,250 affordable apartments by 2025, 10 years ahead of the current schedule. The agreement will be...

SBJ: Ratner puts billion dollar value on Nets

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The investment banker hired by Bruce Ratner to sell his partnership's 20 percent stake in the Nets believes the team alone, not counting the group's interest in the arena, is worth $1 billion and...

Ratner parent company confirms plan to sell

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Forest City Enterprises, Bruce Ratner's parent group, confirmed Thursday that it has retained an investment adviser to sell the 20 percent of the Nets Mikhail Prokhorov doesn't own, hopefully by...

Ratner wants to sell remaining stake in Nets

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Wall Street Journal reports Bruce Ratner is interested in selling his remaining stake in the Nets, 20 percent, and has retained an investment banker to entertain offers.

Still spending money: Prokhorov eats Ratner losses

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According to the report of the annual report of Bruce Ratner's parent company, Mikhail Prokhorov has agreed to eat Ratner's share of the losses on the Nets, which are in the millions, through the...

NetsDaily Off-Season Report #20

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Last time around for the off-season. Monday's Media Day begins the pre-season. So last time around for Off-Season Reports, too. We wistfully big farewell to the Greatest Off-Season Ever, make fun...

Prokhorov lets Ratner off on Nets losses

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Forbes reports that Mikhail Prokhorov recently decided against enforcing his ownership agreement with Bruce Ratner. The decision permits Ratner to keep his ownership stake in the Nets despite not...

Bruce Ratner basks in "I told you so" at Barclays

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The first anniversary of Barclays Center is September 28 and Denis Hamill of the Daily News, a native Brooklyn, gets a head start on the celebration with an interview of Bruce Ratner, who pushed...

NetsDaily Off-Season Report #17

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We open this weekend about KD, now repped by Jay Z (or maybe we should say JZ for the purposes of this paragraph). He talked this week about how much he loves OKC "as of today." Is that an opening...

Ball's in his court: Kidd buys half Jay Z's shares

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A Nets source tells NetsDaily that Jay Z is selling half his shares in the team to Jason Kidd, the team's new head coach. The cost: $500,000. The other half of Jay Z's stake has been purchased by a...

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