Westchester & Fairfield Cheat Sheet: Forest City sells Yonkers mall as part of $1.55B deal, cable giant announces plans for 15-story building in Stamford … & more

Forest City Realty Trust sells Yonkers’ Ridge Hill mall to Australian investment firm Forest City Realty Trust announced this week that it would sell its ownership stake in Ridge Hill, a 1.3 million-square-foot retail, entertainment and medical office complex in Yonkers, to new owners headquartered in Australia. The sale also includes interest in nine other […]

Madison International in talks to buy Forest City’s stake in NYC retail portfolio

Forest City Realty Trust is in advanced talks to sell its majority stake in a New York retail portfolio to fund manager Madison International Realty, according to a source familiar with the matter. Ronald Dickerman’s Madison, along with its investment partners, already controls a 49 percent stake in the portfolio, which it bought for $172.3 […]