Pinnacle Group Offloads $128M Condominium and Commercial Portfolio in NYC

AI Summary

Pinnacle Group finalized a $128 million sale of a condominium and commercial portfolio in New York City, covering 39 transactions with nearly 750 residential units and multiple retail spaces across Queens, Brooklyn, and Manhattan. This marks another significant real estate transaction in the city's competitive market.

Pinnacle Group has offloaded a $128 million residential and retail condominium portfolio in New York City, less than a year after selling off its rent-stabilized assets. The massive trade, filed in city records this week, spanned 39 transactions across Queens, Brooklyn and Manhattan. It included nearly 750 residential units, as well as dozens of retail […]