Big Guns Spend Sunday Selling West Side Plans
Probably never had so many of New York’s real estate elite crammed themselves into such a small space as happened Sunday afternoon at the press preview of proposals to develop the Western Rail Yards:...
View ArticleWest Side Rail Yards Proposal No. 3: Brookfield Reinstates the Streets
Brookfield Properties, a giant landlord that keeps a lower profile than some of the city’s single-engine developers, did not come into the West Side Rail Yards competition with an anchor tenant. It...
View ArticleBrookfield's Ric Clark: 'Once in a Century' Chance on the West Side
Ric Clark, president and CEO of Brookfield Properties, sat down last week with The Observer to expound on topics such as Merrill Lynch possibly moving out of Brookfield’s World Financial Center and the...
View ArticleBrookfield’s Ric Clark: ‘Once in a Century’ Chance on West Side
Location: About the bids for the West Side rail yards—how did you approach designing the future of this 26-acre site? Mr. Clark: Once or twice a century, you get an opportunity to participate in a...
View ArticleDow Jones Snubbed Its Old Landlord
When it came to securing Dow Jones and The Wall Street Journal for Manhattan’s biggest real estate auction, real estate tycoon Stephen Ross evidently beat Ric Clark to the punch. In an interview with...
View ArticleBrookfield Says It’s Making Progress With Merrill, West Side Development
Brookfield Properties seems to be moving along with a renewal with Merrill Lynch at the World Financial Center, which, at least as of last month was likely to mean a five-year lease. On a conference...
View ArticleBrookfield Taps SOM for Other West Side Rail Yards [UPDATED]
Brookfield Properties seems to like the architectural veterans over at Skidmore Owings and Merrill these days. Brookfield brought on the longtime firm to design its two signature towers in its bid for...
View ArticleAnd Then There Were Four: Brookfield Out of West Side Rail Yards Race
Revised bids for the West Side rail yards were due today, and Brookfield Properties did not submit a response, leaving four of the city’s biggest developers in a battle for control of the 26-acre site...
View ArticleMore 3Q Fun! Brookfield’s Results Include Merrill Lynch Mulling
Brookfield Properties, which, along with its holdings in Canada and across the States, owns the World Financial Center downtown and is developing two sleek skyscrapers on Ninth Avenue, held its third...
View ArticleBrookfield’s Ric Clark: Navigating Economy Like Playing Dodgeball
“Operating in this economy is sort of like a game of dodgeball.” So said Brookfield Properties CEO Ric Clark during his firm’s second-quarter investor call on Wednesday morning. Brookfield Properties...
View ArticleThe Center Holds
The Commercial Observer: What’s happening at Brookfield? Mr. Clark: We’ve just gone through a period of working to both preserve and enhance our liquidity. We’ve been working through some refinancing,...
View ArticlePort Authority Punts Vornado, Brookfield From One WTC
The race to sell off a portion of the Freedom Tower-officially, One World Trade Center-has kicked into a new gear. The Port Authority, the New York-New Jersey-controlled bureaucracy that is developing...
View ArticleBrookfield Tries to Launch Epic Foreclosure on Tishman Speyer … in D.C....
Poor Tishman Speyer. First Stuy Town. Then its Chicago portfolio. And now this. Brookfield Properties, led by the hunky Ric Clark, is trying to foreclose on a portfolio of 20 buildings owned by Tishman...
View ArticleNomura Keeps George Comfort, Brookfield Guessing
Nomura, the most-watched tenant on the market right now, is close to finally signing a 700,000-square-foot deal at George Comfort & Sons’ Worldwide Plaza, numerous sources told The Observer. In...
View ArticleBrookfield's Ric Clark on Mitch Rudin Move
Mr. Clark in the World Financial Center, one of Brookfield's trophies. Our Jotham Sederstrom caught up with Ric Clark, president of downtown Manhattan’s biggest office landlord, Brookfield, just as...
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