The 7/1/07 New York Times article on Atlantic Yards financials reported:
Forest City itself would earn a development fee of 5 percent of the project’s total cost: roughly $200 million if the entire project is built as planned. Most of that, company executives said, would go toward recovering the company’s internal costs. They also said that Forest City owns a significant share of the project, in addition to being the developer.
That leaves a lot of slack, since "much" of that $200 million could still go to recoup any investment and, once that's recouped, the "significant share" could generate gravy.
FCR's contribution would come under the category of "private equity," which would a…