Fortress Investment Group has recently made quite a major impact on the Time Square area in New York City. The legendary investment management firm has joined forces with a collaboration of investors to purchase one of the neighborhood’s most iconic buildings, the Palace Theater. This is an exciting bit of news for the community to have this historical landmark in such good hands. Times Square is, of course, famous as one of the most iconic locations in New York City an in the world for that matter. Some of the biggest events in the entire world are held in the area and Fortress Investment Group plans to take full advantage of this fact with the purchasing of this exciting historic entertainment venue.
In other exciting news to recently come out of Fortress Investment Group, the firm is looking to make a major expansion of its popular Brightline train service. This expansion would be to Orlando, Florida and the target completion would be by 2021. This expansion to Orlando would be an extension of the existing route that services Miami to the city of West Palm Beach. So far, the route that is currently in place has been a massive success. That is why there is so much built up excitement over the plans to further extend the trains outstanding services. Commuters in the Miami and West Palm Beach areas have been thrilled with the way that the Brightline makes their morning commutes much less stressful and much more efficient.
Fortress Investment Group itself is the creation of three brilliant investment minds in Randal Nardone, Rob Kauffman and Wes Edens. This occurred in 1998 and the firm has become a legend in the industry since then. 2014 saw Fortress Investment Group take home the award for Manager of the Year in the hedge fund industry.