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Forest City's Interest in Metropolitan L.A

Posted by: Chris Steins

22 December 2005 - 11:00am

Forest City's long-term investment in L.A.'s core is paying off, says Senior VP of Development Kevin Ratner.

In a city with plenty of its own home-grown mega-developers, Cleveland-based Forest City has still managed to make quite a mark on Los Angeles. Founded and still run by the Ratner family, Forest City operates in over 20 states, and it has developed a knack for developing just the right project in just the right place. With four new projects in downtown L.A., Senior VP of Development Kevin Ratner shared with The Planning Report some of the keys to his family’s real estate success in L.A. and nationwide.

[Editor's note: Only an excerpt of this article is available to non-subscribers.]

Full Story: Kevin Ratner Confirms Forest City’s Interest in Metropolitan L.A.
Source: The Planning Report, December 21, 2005
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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