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Tampilkan postingan dengan label Forest City Ratner philanthropy. Tampilkan semua postingan
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Rabu, 22 Mei 2013

Synergy! On June 12, FCR's Gilmartin to be honored at Brooklyn Hospital Foundation Founders Ball, held at arena

Atlantic Yards/Barclays Center developer Forest City Ratner has become the 800-pound gorilla of local philanthropy, offering not just relatively deep pockets but also an event space for certain groups.

The Brooklyn Hospital Center is a corporate partner of the arena, the latter presumably involving payments from the former in exchange for promotion. Now the hospital on June 12 will hold its 2013 Founders Ball at the arena.

Patch reported 5/15/13 that more than $1.3 million from the event will help modernize the hospital's emergency room, with all 840 tickets sold. (The event last year, held at Steiner Studios, raised $908,000.)

Gilmartin honored

The lead honoree? Forest City's new CEO MaryAnne Gilmartin, who'll receive the 2013 Founders Medal for "Voluntarism, Philanthropy, and Service to the Community."

A co-chair of the event is Brett Yormark, CEO Barclays Center & Brooklyn Nets, and surely the arena, team, and company will be making significant contributions to honor Gilmartin. It is not unlike the commencement activities held by Long Island University (an arena corporate partner) held at the Barclays Center, with Forest City Chairman Bruce Ratner getting an honorary degree.

Alternatively, Gilmartin also deserves credit for savvy business and rather bare-knuckled tactics.

As I reported last October, she spoke at an investor update 10/22/12, and revealed that, rather than build a platform over the blighted Vanderbilt Yard as plans long indicated, Forest City would first build four towers over the southeast block, now site of the arena parking lot.

Forest City's generosity & the media halo

Forest City's seeming generosity has strategic aspects. An award to Gilmartin helps establish the company's newly-elevated CEO as a significant player in Brooklyn, to which she has just moved from Westchester.

The money of course comes easier when the developer saves all kinds of money on free or discounted public land, from the city and the MTA.

And such events have already generated a media halo for those involved, while the press tends to ignore less flattering news, like the arena's leaking bass.

As New York Times columnist Michael Powell wrote yesterday, regarding Maurice R. Greenberg, the former C.E.O. of American International Group:
Mr. Greenberg has also trumpeted his good works. He has long spread money like seed corn to local charities. It’s a practiced turn; Mayor Michael R. Bloomberg uses his charitable giving as a sort of political force multiplier.
“New York,” a business leader notes, “tends to appreciate charitable giving no matter its source.”
TWO weeks ago, the Community Service Society, one of the city’s best-known left-liberal groups, put on a grand party in honor of Mr. Greenberg and that trusty lawyer, Mr. Boies. As the crowd showered the philanthropist with applause, they perhaps pushed out of their consciousness that Mr. Greenberg had supported the conservative Gov. Rick Perry of Texas for president and given heavily to efforts to beat back tighter financial regulation.
A tip-off event at arena

As seen in the screenshot below, the Brooklyn Hospital Foundation held a tip-off event at the arena, featuring "basketball legend" Darryl Dawkins, who's always handy to lend some giant authenticity and fun to a Nets event.



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Selasa, 02 April 2013

Brett Yormark, 2012: "But one of the things that we committed to was to have over 2000 seats priced at $15 and under" (can you count the untruths?)

Nets/Barclays Center CEO Brett Yormark is getting some nice publicity--first a Times exclusive, then coverage in the Post, Patch, and more--for his $75,000 donation for a renovated kids gym in Fort Greene.

Meanwhile, the man who once claimed he'd never heard of P.T. Barnum has raised Nets ticket prices on the cheap seats from $15 to $25, presaging approximately  $20,000 more in revenue per game. No press release, so no coverage. (No, American journalism is not in its glory days, as Steven Waldman wrote last week in CJR, and press releases supply ever more content.)

Yormark on the "commitment

Let's look back on the "exclusive" interview  Yormark had 3/16/12 on the Fox Business Channel, when he promised cheap seats for Brooklynites.

"Just a brand new building does not a winning team make," a host asked Yormark. "What else are you going to offer when basketball tickets are getting extraordinarily expensive for a family of four?"



"First of all, the Barclays Center is bigger than just basketball," Yormark responded. "We'll do 225 events annually: concerts, boxing, college sports, family sports, and, of course the Brooklyn Nets."

"But one of the things that we committed to was to have over 2000 seats priced at $15 and under," he continued. "Anyone that wants to experience the Brooklyn Nets at the Barclays Center will have the wherewithal to do so. That's a commitment that ownership made years ago, and are holding to."

They didn't have over 2000 seats at $15. And they didn't have any under $15, unless you count the fraction of giveaways.

And that commitment lasted exactly one year.

The press release

Note this line: "the first key project presented by the Yormark Family Foundation." I suspect the word key was used to differentiate it from the ticket giveaway last October aimed to fill seats at the first arena boxing event.


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Sabtu, 02 Maret 2013

Bruce Ratner's charitable p.r. coup, the Golden Ladder of Charity, and the imperatives of business

Nearly all the workers at the Barclays Center don't get benefits--"I can't live on $14 an hour... and I can't get unemployment," says one--and the construction workers expecting typical union wages face a 25% haircut in the modular factory.

He claimed Metro Tech "created 22,000 jobs in Brooklyn" (not so, they were mostly relocated) and that the arena has 2,000 or 1,800 jobs (actually, 1,240 full-time equivalent, from his firm's own calculation).

But that's business, and the media will tell us developer Bruce Ratner is a mighty generous guy. You could imagine the discussion with his p.r. consultants about how he might help as worthy and victimized an individual as possible: a blinded, impoverished ex-slave from Sudan.

Rescue mission

On 9/19/11, the New York Post reported, in Rescue mission: Ratner’s fight to help tragic Sudan teen:
The uber-developer -- best known for his under-construction Brooklyn arena for the Nets -- is vigorously trying to cut through bureaucratic red tape to keep a teenage Sudanese ex-slave in the United States to help restore the boy’s eyesight.

Ratner and his sister, Fox News analyst Ellen Ratner, first met tortured, blinded Ker Deng, now 18, on a trip to Sudan in April, nearly a year after the rights group Christian Solidarity International rescued him from slavery. The Ratners were touched by Deng’s horrifying story.
The key line was this:
Bruce Ratner has quietly covered all of Deng’s expenses, including his travel and medical costs and those of an uptown apartment for him and a round-the-clock caretaker.
Both Bruce and Ellen also have enrolled Deng at Lighthouse International, a Manhattan-based nonprofit that helps the visually impaired with daily living.
(Emphasis added)

The Golden Ladder of Charity

The Jewish sage posited a code of charity, The Golden Ladder of Charity, with eight "levels" of giving. The higher the step, the more virtuous and meaningful the gift:
7 - Giving unwillingly.
6 - Giving willingly but inadequately.
5 - Giving adequately after being asked.
4 - Giving before being asked.
3 - Giving to an unknown recipient.
2 - Giving anonymously to a known recipient.
1 - Giving anonymously to an unknown recipient. 
Ratner's gift--not so quiet when amplified in the Post--likely lands him at number 4 (or possibly 5). It's certainly a meaningful gift, but would it not be more meaningful if the New York Post weren't on speed-dial?

Consider the example of... Ratner's father Harry, president of the St. Clair Builders & Supply Co., known (according to his obituary) as “one of this city’s most generous citizens,” who “always insisted that he remain anonymous in his charities”: helping a deserving college boy complete his final year, a high school-student-diabetic needing insulin; a woman left unexpectedly widowed.

In a different age, and with different goals, his son Bruce practices charity far more strategically.

The follow-up

On 2/27/13, the Post provided a follow-up, Mogul and ex-slave hoop it up:
Barclays Center honcho Bruce Ratner first helped give a blind Sudanese ex-slave partial sight, and then provided the teen with the chance to use it for a special childhood-dream treat — watching an NBA game.
Ker Deng, 19 — whose ex-master blinded him years ago by rubbing peppers in his eyes and hanging him upside down from a tree over a fire — was thrilled as he sat courtside at the arena with the developer to watch the Brooklyn Nets last week.
“It was really amazing. I could tell when [the players] were moving and shooting. They were very tall,” Deng told The Post. 
Thanks to three eye surgeries in the past two years, which his “Uncle Bruce” paid for, he can now see colors, shapes and sizes, Deng said. He also followed the game’s movement by listening to the ball being dribbled.
...For Deng, who described the game-day experience as being “happy in the darkness,” the evening illustrated the amazing upward swing his life has taken since meeting the developer and his sister, Fox News analyst Ellen Ratner, in Sudan in April 2011.
Who could argue with that?

The role of the tabs

But if the Post doesn't report on all the subsidies and government assistance that ease Ratner's largesse, well, we're just getting played.

The Post didn't publish a report on the Feb. 27 hearing on the Atlantic Yards timetable. Too "boring"? Too much "process"? Not tied up in a bow as an exclusive from the p.r. team?

As I wrote in October 2011, Amy Waldman's 9/11 novel The Submission described a tabloid reporter:
A tabby all the way--that's what she was. She had no ideology, believed only in information, which she obtained, traded, peddled, packaged, and published, and she opposed any effort to doctor her product.


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Jumat, 22 Februari 2013

Behind that Barclays Center cantorial concert, a whiff of Lower East Side development politics (Ratner + Met Council/Silver = Seward Park edge?)

The New York Post and Pomegranate market are sponsors
When the New York Times last month got the scoop on the new Barclays Center's first-ever concert of Jewish music, it was explained as an outgrowth of a three-decade friendship between violinist Itzhak Perlman and arena developer Bruce Ratner, whose daughters went to private school together.

The concert also features cantor Yitzchak Meir Helfgot and Ratner, we were told, "remains an aficionado of cantorial music." Jewish publications like the Forward took the same angle. The latest detail, as reported in the Huffington Post, is that this concert unusually will offer separate seating for men and women.

But Ratner didn't get to be Brooklyn's most powerful developer simply by indulging in artistic passions and helping out a friend.

The Seward Park RFP
Other evidence--even if Ratner won't confirm it--hints at business calculation, an effort to bolster ties with a charitable ally and one of the state's most powerful politicians.

That could help Forest City Ratner in the heated competition for the last large development site on Lower East Side, the Seward Park Mixed-Use Development Project, which the city's economic development agency calls an "unprecedented development opportunity."

The Met Council connection

Consider: profits from the Feb. 28 concert, expected to draw 6,500 people, will go to the Metropolitan Council on Jewish Poverty and a music camp associated with Perlman.

The Met Council, which since 1972 "has been the voice of New York's Jewish poor," according to its website, has grown into a social services powerhouse that serves a broader, non-denominational constituency with home care, kosher food, career services, and affordable housing.

The Silver connection

The Met Council boasts a tight relationship with Sheldon Silver, the longtime Speaker of the New York State Assembly and an Orthodox Jew from the Lower East Side. In fiscal year 2010, according to its IRS filing, the Met Council raised $24.4 million, with support from a wide range of private and government sources.

Silver's chief of staff, Judy Rapfogel, is married to William Rapfogel, who has headed the Met Council since 1992. The Rapfogels are longtime Silver friends, and Silver has regularly directed state funding to the Met Council via so-called "member items."

The Met Council is no slack at reaping city funding, either, in one year receiving more than any other religious organization. William Rapfogel's annual compensation, over $400,000, has also raised eyebrows.

Valuable land

Enter the Seward Park Mixed-Use Development Project, a plan that took 45 contentious years to emerge after urban renewal leveled blocks near the Williamsburg Bridge and created SPURA, the Seward Park Urban Renewal Area.

While this is a city project, Silver, the area's most powerful official, remains a key voice.

The six-acre development includes 1.65 million square feet of buildable area over nine sites, including a new Essex Street Market. The project's 1000 apartments, half of them subsidized, will occupy about 60% of the space; the rest will be commercial.

Silver was crucial in brokering the plan; while it may reflect the current demographics of the gentrifying Lower East Side, critics point to the failure to fulfill promises to rehouse the poor after their tenements were razed in 1967.

New York developers are salivating over the site. An RFP (request for proposals) for the Seward Park project was distributed in January; respondents must file plans by May 6.

Forest City representatives, Crain's New York Business reported last week, were among the 300 people who filled an information session on the project. (Even before then, one rival groused to me about Forest City's perceived inside track.)

The Ratner connections

Forest City Ratner has long had a close relationship with Silver and with the Met Council, and Silver has long delivered for Ratner. In 2006, Silver green-lighted the Atlantic Yards project from his position on the Public Authorities Control Board, the "three men in a room" body that earlier killed the proposed West Side Stadium.

In 2007, intervention by Silver and others into an ongoing reform of a tax break known as 421-a enabled Ratner's Atlantic Yards, alone among projects, to retain the tax break even in buildings that included no subsidized housing.

Meanwhile, despite enormous controversy over Atlantic Yards, the Silver-controlled Assembly has kept hands off; the only oversight hearing emerged in 2009 when the state Senate was briefly in Democratic hands.

Ratner in turn has rewarded Silver. In January 2008, his company gave $58,420, to the Democratic Assembly Housekeeping Committee, essentially a slush fund for party activities. That gift was cited by civic watchdogs as an argument for campaign finance reform.

Ratner and Silver also converge at the Met Council. In August 2008, Ratner helped raise $1 million for the organization and was honored at a luncheon attended by several elected officials; Silver presented Ratner with what a Met Council press release called a "beautifully decorated charity box." One of the Rapfogels' three sons, Michael, works on government relations for Forest City Ratner.

Business trumps all

For Ratner, business considerations have always trumped ideology. According to an interview in the Jewish Voice, "Ratner is a staunch Democrat and liberal and cannot imagine people, especially Jews, who are not."

However, in November 2010, Ratner wrote a check for $7500 to the New York State Senate Republican Campaign Committee, ensuring smooth relations with the party that controls the legislature's second chamber.

Bruce Ratner's brother Michael Ratner, the eminent human rights lawyer, and his wife, live in Greenwich Village, but have made campaign contributions to Brooklyn political hacks, using Forest City Ratner's Brooklyn office as the return address. (When I first wrote about this, Michael Ratner wouldn't comment.)

Seward Park faces the music

So maybe this concert isn't just a concert.

It's notable that this first Barclays Center event with a charitable focus, will benefit the Met Council rather than an organization in Central Brooklyn, the base for the groups--reflecting mostly black constituencies--that signed the controversial Community Benefits Agreement regarding Atlantic Yards. As part of that agreement, Forest City agreed to hold ten events at the arena, with proceeds going to charity.

Forest City might even wind up partnering with the Met Council on the Seward Park project; the organization describes itself as "one of New York City’s premier developers of low-income senior housing and a top choice of private developers to partner with in building inclusionary housing."

We won't know until May, at least. But whether Forest City responds to the RFP solo or with a partner, the cantorial concert at the Barclays Center might be seen not merely as a reflection of Jewish culture but also as lobbying in a different guise.

Caution from The Lo-Down

Lower East Side blogger Ed Litvak suggests caution:
A couple of points worth making. First, Silver has no direct role to play in the awarding of the Seward Park contracts, though there’s always been a widespread belief that he has influence over practically everything that happens on the Lower East Side. Second, it’s not known for certain that Ratner is preparing a bid.


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Selasa, 20 November 2012

Barclays Center treats victims of Sandy to free seats and dinner

NY1 reported, in Brooklyn Students Enjoy Post-Sandy Treat At Barclays Center:
Students at the Brooklyn School for Collaborative Studies on Monday were treated to dinner and tickets to a college basketball tournament at Barclays Center.

"To be able to see this place and have the good food and watch a good game was really fun," said Nelson Perez, an eighth grader at the school.

Most of the students live in Red Hook and suffered through the devastation of Hurricane Sandy for weeks.

...The Ruiz family was among the roughly 100 people who were bused to the arena where they had a thanksgiving meal at the 40/40 club and watched the Progressive Legends Classic.

"We just wanted to give them a moment to experience the Barclays Center, have some great food and hopefully make their lives better for a couple of hours," said Barclays Center CEO Brett Yormark.
Somehow I think they "just" also wanted to make sure the media knew about it, too. The real gift was the dinner; the game was hardly sold out.

Also see Thanksgiving at Barclays Center For Sandy Victims , from Patch, and Sandy victims' spirits lifted by Barclays Center Thanksgiving, from the New York Post.

I'm still waiting for the Post and NY1 to cover the demise of BUILD.


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Jumat, 02 November 2012

Brooklyn Recovery Fund established, with $100K each from FCR, Nets, arena (but they don't deserve an automatic halo)

From the Brooklyn Community Foundation:
In response to vast devastation to Brooklyn caused by Hurricane Sandy, particularly in coastal communities like Red Hook, Coney Island, Brighton Beach, Gerritsen Beach, Sea Gate, and Sheepshead Bay, the Brooklyn Community Foundation and the office of Brooklyn Borough President Marty Markowitz, in partnership with the Brooklyn Chamber of Commerce, have established the Brooklyn Recovery Fund, a local charitable fund that will provide relief to Brooklyn communities and organizations impacted by Hurricane Sandy.
Brooklyn Community Foundation, Forest City Ratner Companies, the Brooklyn Nets, and Barclays Center have each pledged $100,000, for a total of $400,000 to create the Fund.
Brooklyn Community Foundation will administer the fund, which will respond to the immediate and long term impacts of this natural disaster and serve as a flexible source of grant funding to local nonprofit organizations as the rebuilding efforts in Brooklyn progress over the coming weeks and months.
Brooklynites are encouraged to give to the Fund at www.BrooklynRecoveryFund.org.100% of every donation to the Fund will be used to support storm recovery efforts in Brooklyn.
Now, the fund is surely needed, and all contributions are valuable. It's also admirable that there will be no money skimmed off the top for administration.

Then again, Forest City, the Nets, and the arena don't deserve an automatic halo. They were willing to go ahead with the basketball game last night--a bonehead move of community disrespect, surely tethered to the plan for national TV exposure --until Mayor Mike Bloomberg belatedly intervened.

(Yes, I've already contributed. And I know my contribution is a greater percentage of my net worth than Mikhail Prokhorov's $100,000.)


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