Commercial Observer's Back Story Podcast

Commercial Observer's Back Story Podcast


NYC's Billion-Dollar Bet: Unpacking Fortress's Bold Move in the Office Sector

August 24, 2023

In this special episode of Commercial Observer's Backstory, we dive into the groundbreaking news of Fortress Investment Group's acquisition of a staggering $1 billion in office loans from Capital One. A move signaling a significant bet on New York City’s office sector rebound. Join us as Andrew Ceon, the editor who first unveiled this story, and Cathy Cunningham, our executive editor, discuss the potential implications, the current state of NYC's office landscape, and the future of urban investments. Tune in for an insightful exploration into a decision that might just reshape the city's commercial real estate horizon.