Forest City Enterprises is a diversified real estate management and development company based in Cleveland, Ohio. Forest City's roots are in the lumber and hardware business, but it has grown substantially in the past 20 years as it turned its efforts towards real estate development. Forest City has been involved in the development of major projects in New York City and Washington, DC, such as the controversial development of a new home for the New Jersey Nets, an NBA basketball team owned by the company, in Brooklyn. Closer to home, Forest City was the developer of Tower City Center, a mixed-use urban redevelopment project that transformed the mostly-vacant Union Terminal building in Downtown Cleveland into a mall, transit, office, and hotel structure. Real estate is a legal term that encompasses land along with anything permanently affixed to the land, such as buildings. ... A property management company typically acts as a liaison between the landlord and tenant. ... A real estate developer builds on land, thereby increasing its value. ... ... The city is at the center of international finance, politics, entertainment, and culture, and is one of the worlds major global cities (along with London, Tokyo and Paris) with a virtually unrivaled collection of museums, galleries, performance venues, media outlets, international corporations, and stock exchanges. ... Aerial photo (looking NW) of the Washington Monument and the White House in Washington, DC. Washington, D.C., officially the District of Columbia (also known as D.C.; Washington; the Nations Capital; the District; and, historically, the Federal City) is the capital city and administrative district of the United... The New Jersey Nets are a National Basketball Association team based in East Rutherford, New Jersey. ... The National Basketball Association of the United States and Canada, commonly known as the NBA, is the premier professional basketball league in North America. ... Tower City Center (also known as Terminal Tower) is a landmark skyscraper located in Cleveland, Ohio. ... Downtown Cleveland, the industrial, cultural, and historic hub of Northeast Ohio, has experienced many changes over the years. ...