Charles Cohen’s distressed office sale irritates Fortress

Charles Cohen can’t do right by his creditor, Fortress Investment Group. This week, Cohen sold the office building at 3 East 54th Street in the Plaza District to Vornado Realty Trust for $141 million, Bisnow reported. Steven Roth’s firm applied the $107 million debt it bought against the property over the last two years towards the purchase of the building, which it plans to raze. The sale would seem to be good news for Cohen, who is scrambling to raise cash after a New York judge ordered him to repay $187 million personally guaranteed to Fortress.  But the final sale […] This article originally appeared on The Real Deal. Click here to read the full story.