Fortress Said to Be Preparing Bid to Buy Stuyvesant Town “Fortress Investment Group LLC is preparing a bid to buy Stuyvesant Town-Peter Cooper Village, the Manhattan apartment complex whose future has been in limbo since its owners defaulted on a $3 billion mortgage four years ago, according to a person familiar with the plans. The New York-based private-equity firm is seeking financing for an offer valued at about $4.7 billion, said the person, who asked not to be ...

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