{"id":1375,"date":"2013-12-28T18:52:04","date_gmt":"2013-12-28T18:52:04","guid":{"rendered":"https:\/\/multi.nycnewsnetwork.com\/brooklynbuzz\/?p=1375"},"modified":"2013-12-28T20:30:31","modified_gmt":"2013-12-28T20:30:31","slug":"china-takes-control-downtown-brooklyn-development","status":"publish","type":"post","link":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/","title":{"rendered":"CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT!"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-1376 alignleft\" style=\"line-height: 1.5;\" alt=\"shanghai takes over atlantic yards\" src=\"https:\/\/nycnewsnetwork.com\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg\" width=\"329\" height=\"231\" data-id=\"1376\" srcset=\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg 470w, https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards-300x210.jpg 300w\" sizes=\"auto, (max-width: 329px) 100vw, 329px\" \/><\/p>\n<p>As\u00a0<span style=\"line-height: 1.5;\">report<\/span><span style=\"line-height: 1.5;\">ed by the Commercial Observer, Greenland Holdings Group, a Chinese state-owned developer and Forest City Enterprises have completed an agreement in which the <\/span><span style=\"line-height: 1.5;\">Chinese developer will take over 70% ownership in the Atlantic Yards. \u00a0The joint venture includes phases one and two of the project which is next door to the Barclays Center.<\/span><\/p>\n<p>Forest City Ratner Companies will manage day to day activities, but Greenland will be the majority owners of the project. \u00a0The residential project will feature over 6,000 apartments, covering 22 acres.<\/p>\n<p>Forest City Ratner previously made a big splash about purchasing the NJ Nets and bringing the team to Brooklyn (Brooklyn Nets) as part of the overall development of the downtown Brooklyn strip along Atlantic Avenue. \u00a0The Ratner Group has since sold the Nets to Russian billionaire Mikhail Prokhorov. \u00a0So now the Brooklyn Nets are owned by Russia and the property is owned by China. \u00a0Makes you want to say hmmmmmmm&#8230;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As\u00a0reported by the Commercial Observer, Greenland Holdings Group, a Chinese state-owned developer and Forest City Enterprises have completed an agreement in which the Chinese developer will take over 70% ownership in the Atlantic Yards. \u00a0The joint venture includes phases one and two of the project which is next door to the Barclays Center. Forest City [&hellip;]<\/p>\n","protected":false},"author":5893,"featured_media":1376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[47],"tags":[2760],"class_list":["post-1375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate","tag-barclays-center"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT! - Brooklyn News and Events<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT!\" \/>\n<meta property=\"og:description\" content=\"As\u00a0reported by the Commercial Observer, Greenland Holdings Group, a Chinese state-owned developer and Forest City Enterprises have completed an agreement in which the Chinese developer will take over 70% ownership in the Atlantic Yards. \u00a0The joint venture includes phases one and two of the project which is next door to the Barclays Center. Forest City [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Brooklyn News and Events\" \/>\n<meta property=\"article:published_time\" content=\"2013-12-28T18:52:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2013-12-28T20:30:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"470\" \/>\n\t<meta property=\"og:image:height\" content=\"330\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jon Freeman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jon Freeman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/\",\"url\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/\",\"name\":\"CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT! - Brooklyn News and Events\",\"isPartOf\":{\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg\",\"datePublished\":\"2013-12-28T18:52:04+00:00\",\"dateModified\":\"2013-12-28T20:30:31+00:00\",\"author\":{\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#\/schema\/person\/1130e29b270d189bf1efcbd308ea4431\"},\"breadcrumb\":{\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#primaryimage\",\"url\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg\",\"contentUrl\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg\",\"width\":470,\"height\":330},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#website\",\"url\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/\",\"name\":\"Brooklyn News and Events\",\"description\":\"For What&#039;s Buzzin&#039; in Brooklyn\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#\/schema\/person\/1130e29b270d189bf1efcbd308ea4431\",\"name\":\"Jon Freeman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2024\/12\/Brooklyn-Buzz-Black-Logo-2018-1-96x96.jpg\",\"contentUrl\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2024\/12\/Brooklyn-Buzz-Black-Logo-2018-1-96x96.jpg\",\"caption\":\"Jon Freeman\"},\"sameAs\":[\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/\"],\"url\":\"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT! - Brooklyn News and Events","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/","og_locale":"en_US","og_type":"article","og_title":"CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT!","og_description":"As\u00a0reported by the Commercial Observer, Greenland Holdings Group, a Chinese state-owned developer and Forest City Enterprises have completed an agreement in which the Chinese developer will take over 70% ownership in the Atlantic Yards. \u00a0The joint venture includes phases one and two of the project which is next door to the Barclays Center. Forest City [&hellip;]","og_url":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/","og_site_name":"Brooklyn News and Events","article_published_time":"2013-12-28T18:52:04+00:00","article_modified_time":"2013-12-28T20:30:31+00:00","og_image":[{"width":470,"height":330,"url":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg","type":"image\/jpeg"}],"author":"Jon Freeman","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jon Freeman","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/","url":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/","name":"CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT! - Brooklyn News and Events","isPartOf":{"@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#primaryimage"},"image":{"@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#primaryimage"},"thumbnailUrl":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg","datePublished":"2013-12-28T18:52:04+00:00","dateModified":"2013-12-28T20:30:31+00:00","author":{"@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#\/schema\/person\/1130e29b270d189bf1efcbd308ea4431"},"breadcrumb":{"@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#primaryimage","url":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg","contentUrl":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2013\/12\/shanghai-takes-over-atlantic-yards.jpg","width":470,"height":330},{"@type":"BreadcrumbList","@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/china-takes-control-downtown-brooklyn-development\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/"},{"@type":"ListItem","position":2,"name":"CHINA TAKES CONTROL OF DOWNTOWN BROOKLYN DEVELOPMENT!"}]},{"@type":"WebSite","@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#website","url":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/","name":"Brooklyn News and Events","description":"For What&#039;s Buzzin&#039; in Brooklyn","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#\/schema\/person\/1130e29b270d189bf1efcbd308ea4431","name":"Jon Freeman","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/#\/schema\/person\/image\/","url":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2024\/12\/Brooklyn-Buzz-Black-Logo-2018-1-96x96.jpg","contentUrl":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-content\/uploads\/sites\/12\/2024\/12\/Brooklyn-Buzz-Black-Logo-2018-1-96x96.jpg","caption":"Jon Freeman"},"sameAs":["https:\/\/nycnewsnetwork.com\/brooklynbuzz\/"],"url":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/author\/admin\/"}]}},"acf":[],"_links":{"self":[{"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/posts\/1375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/users\/5893"}],"replies":[{"embeddable":true,"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/comments?post=1375"}],"version-history":[{"count":0,"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/posts\/1375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/media\/1376"}],"wp:attachment":[{"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/media?parent=1375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/categories?post=1375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nycnewsnetwork.com\/brooklynbuzz\/wp-json\/wp\/v2\/tags?post=1375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}