POWER OF ATTORNEY
Know all by these present, that the undersigned does hereby constitute and
appoint John M. Gherlein, John J. Harrington and Mark Tepsich, and each of them,
as the undersigned's true and lawful attorneys-in-fact and agents to do any and
all things, and execute any or all instruments which, after the advice of
counsel, said attorneys and agents may deem necessary and advisable to enable
the undersigned to comply with the Securities Exchange Act of 1934, as amended,
and any rules and regulations and requirements of the Securities and Exchange
Commission "SEC") in connection with the Ratner, Miller, Shafran Shareholders
Agreement among the undersigned and certain other parties, including
specifically, but without limitation thereof, power of attorney to sign the
undersigned's name to a Form ID, Schedule 13D or 13G and any amendments thereto,
or a Form 144, Form 3, Form 4 or Form 5 and any amendments thereto, to be filed
with the SEC in respect of the shares of capital stock of Forest City Realty
Trust, Inc., successor to Forest City Enterprises, Inc.; and the undersigned
does hereby ratify and confirm all that any of said attorneys and agents shall
do or cause to be done by virtue hereof.
Executed on this 6 day of January, 2016.
/s/ Mark Ratner
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Name: Mark Ratner
Capacity: See Exhibit A
Exhibit A
i.) Individually.
ii.) Trustee.
Charles Ratner Trust Agreement dated December 5, 1983 FBO Kevin Ratner
James Ratner Trust Agreement dated December 5, 1983 FBO Austin Ratner
James Ratner Trust Agreement dated December 5, 1983 FBO Daniel G. Ratner
-> Mark Ratner Revocable Trust Agreement dated September 10, 1983
iii.) Trust Advisor.
Max Ratner 1988 Grandchildren's Trust Agreement dated December 21, 1988
FBO Daniel E. Ratner
Daniel E. Ratner 1994 Trust Agreement dated March 26, 1994
Daniel E. Ratner 2011 Irrevocable Trust Agreement dated December 19, 2011
FBO Leo Thiers Ratner
Daniel E. Ratner 2011 Irrevocable Trust Agreement dated December 19, 2011
FBO Aries Thiers Ratner
Stacy Ratner 1994 Trust Agreement dated March 26, 1994, as amended and
restated