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Showing posts with the label The Max Collaborative

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Atlantic Yards/Pacific Park FAQ, timeline, and infographics (pinned post)

In corporate history of Forest City (from new enterprise launched by another Ratner branch), Bruce Ratner's triumphs and failures are ignored or downplayed

I wrote yesterday about how Bruce Ratner's cousins had formed two separate real-estate ventures, The Max Collaborative and Uplands, organized on familial lines, after their nationally traded, family-controlled company, Forest City Realty Trust (originally Forest City Enterprises), was absorbed in 2018 by the conglomerate Brookfield Asset Management. It's notable how the history of Forest City Enterprises, as told  by The Max Collaborative (TMC), diminishes and obscures Bruce Ratner's role as head of the New York subsidiary, Forest City Ratner Companies (later Forest City New York), responsible for some of the nationally-traded company's signature achievements, in its largest market.. As shown in the screenshot at right, TMC makes just one mention of Bruce--his departure from the corporate board. He's almost disappeared. The dis seems deliberate. I can only speculate why. Partly it may be to emphasize the collective achievements of those currently running TMC, thus ...

After demise of Forest City, two teams of Ratner family members have started new real-estate companies, based in Shaker Heights, OH, and Washington, DC

The 370-unit Broadleaf is a collaboration between Uplands and The Max Collaborative  If Bruce Ratner is retired from the real-estate business, concentrating on philanthropy as Chairman (since June 2014) of the  Museum of Jewish Heritage—A Living Memorial to the Holocaust)  and a board member of the Memorial-Sloan Kettering Cancer, his cousins and their progeny have taken the assets they got from the 2018 sale of Forest City Realty Trust (formerly Forest City Enterprises) and deployed them back into real estate. (Bruce Ratner's children didn't go into real estate, and his longtime deputy and successor as Forest City Ratner/Forest City New York CEO, MaryAnne Gilmartin, formed her own company,  MAG Partners , with several former colleagues.)  The descendants of Max Ratner, one of the first-generation members of the clan in Cleveland, have formed Shaker Heights, OH-based  The Max Collaborative , while the progeny of second-generation Albert Ratner (s...