Thursday, June 04, 2009

Big week for FCE: at annual meeting, will they discuss Gehry, arena opening, changed AY plan?

On Friday, Forest City Enterprises (FCE), parent company of Forest City Ratner, will have its annual meeting, which will be webcast at 2 pm.

On Monday, FCE will release first-quarter earnings, and on Tuesday, executives will participate in a conference call at 11 am with investment analysts.

These events are often not too illuminating, but it's still worth watching to see if they say whether architect Frank Gehry is still involved in the Atlantic Yards project and when they predict an arena opening. (The official plan is still 2011, but that's impossible if work begins at the end of the year, as the Empire State Development Corporation has indicated.)

And will they explain if the contour and timetable of the AY plan has changed?

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