Atlantic Yards Developer Looks To Sell Stake In Project

Law360, New York (August 22, 2013, 4:28 PM EDT) -- Forest City Ratner Cos., developer of the $5 billion Atlantic Yards mixed-use development in Brooklyn, is on the hunt for a partner in the project, looking to sell up to 80 percent of the remaining phases of the development, a Forest City spokesperson confirmed Thursday.

The developer is looking for financial partners to help complete the remaining 13 residential buildings and 6,000 apartments at the site, where the massive new Barclays Center stadium was completed last year.

“Given the strength of the market and the value...
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