Blackstone's return to office brings pariah sector back into favor

New York offices are having a moment. As the ink dries on a pair of billion-dollar refinancing deals at 3 Bryant Park and the MetLife Building, the city's office sector may soon receive its most momentous vote of confidence yet, with bellwether investor Blackstone reportedly in talks to acquire a major stake in the 50-story tower at 1345 Sixth Avenue. All of this leads to a central question: Is this once-eulogized market finally getting its groove back? Listen in as PEI Group real estate editor-in-chief Jonathan Brasse chats with PERE Credit editor Samantha Rowan and PERE Deals editor Guelda Voien about a pivotal moment for the market and what it means for institutional investment in the sector going forward. To subscribe to the podcast, search for The PERE Podcast on your podcast platform of choice, or click here.