| Business Summary | | Forest
City
Enterprises,
Inc.
owns,
develops,
acquires
and
manages
commercial
and
residential
real
estate
projects
in
21
states
and
the
District
of
Columbia.
The
Company
is
organized
into
four
principal
business
groups.
The
Commercial
Group
develops,
owns,
acquires
and
operates
shopping
centers,
office
buildings
and
mixed-use
projects
including
hotels.
The
Residential
Group
develops,
acquires,
owns
and
operates
the
Company's
multi-family
properties.
The
Land
Group
owns
and
develops
raw
land
into
master
planned
communities
and
other
residential
developments
for
resale.
The
Lumber
Trading
Group
operates
the
Company's
lumber
wholesaling
business. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FCE.A
is
a
vertically
integrated
national
real
estate
company
that
develops,
constructs,
owns
and
manages
commercial
and
residential
real
estate.
For
the
three
months
ended
4/30/01,
revenues
increased
15%
to
$191.7
million.
Net
income
before
extraordinary
item
and
acct.
chg.
fell
65%
to
$9.6
million.
Revenues
reflect
increases
in
the
commercial
group
due
to
openings
of
new
properties
and
higher
rental
rates.
Earnings
were
part.
offset
by
decreased
gains
on
the
disposition
of
properties. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000
Compensation | | Pay | Exer | |
| Albert Ratner, 73 Co-Chairman | $572K | -- | Samuel Miller, 79 Co-Chairman,
Treasurer | 437K | -- | Charles Ratner, 59 Pres,
CEO, Director | 1.2M | -- | Thomas Smith, 60 CFO,
Exec. VP, Sec. | 998K | $79K | Brian Ratner, 43 Exec.
VP--East Coast Devel., Director | -- | -- | Dollar
amounts are as of 31-Jan-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|