If you can see the forest for the trees you'll notice that Forest City Ratner Companies is among the largest commercial real estate developers in New York City. A subsidiary of Forest City Enterprises, Forest City Ratner has developed a portfolio of more than 11 million sq. ft. of office, retail, hotel, and residential space in and around New York City. The integrated company has expertise in a broad range of project needs from land use and design to construction and management. Forest City Enterprises and the Ratner family owned a majority of NBA's New Jersey Nets but sold some 80% of the team to Russian billionaire Mikhail Prokhorov. Forest City Ratner is developing a new arena for The Nets in Brooklyn.