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Bruce Ratner's Grand Plan for Brooklyn

Published Thursday, April 01, 2004

For almost two decades, Bruce Ratner, president and chief executive of Brooklyn-based Forest City Ratner Cos., has been the stealth mogul — quietly amassing a real estate empire with 11 million sq. ft. of office, retail, residential and hotel space in New York City. But Ratner became a household name last fall, when he unveiled his master plan not only to rebuild a shabby section of Brooklyn but also to reinvigorate the entire borough. The key to the scheme was to buy the New Jersey Nets basketball franchise for $300 million and transplant it to a $2.5 billion ...

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