Pinnacle Group
People:
Pinnacle Group portfolio
$630.1 million – elevator 69.0%, walkup 23.0%; Brooklyn 33.0%, Manhattan 29.0%
87th largest portfolio by dollar value
7,943,662 sqft – elevator 72.0%, walkup 22.0%;
28th largest by SF
509 properties – Brooklyn 45%, Queens 40%
8th largest
8,743 residential units – Brooklyn 35.0%, Manhattan 23.0%
11th largest by residential units
0 foreclosures, 0 bankruptcies, 18 other court cases.
Company Activity past 24 months:
Buyer company: 0 for $0
Seller company: 14 for $69.5 million
Borrower company: 1 for $65 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
New York Community Bank (51), William Pears Group (13), Investors Bank (5), Capital One (5), Axos Bank (5), Tel Aviv Stock Exchange bondholders (2), David Spira (1), People Of The State Of New York (1), ZD Jasper Realty (1), Bekim Subasic (1)
Top Ten Associated People:
John Feijoo (15), Stuart Berg (13), Lisa A. Moghul (2), Jeffrey Gibilaro (1), Nicholas Arsenis (1), Zhidong Wu (1), Bekim Subasic (1), Dean C. Ravosa (1), Grace Chiang (1), Marion Bahner (1)
Latest Stories:
• Mann Group pays $15.1M to Pinnacle for 33-unit rental in Vinegar Hill (December 11, 2024)
• ZD Jasper submits 122-unit condo plan in Hudson Yards, no sellout price given (December 13, 2023)
• ZD Jasper Realty signs $103M construction loan in Hudson Yards (September 11, 2023)
• Bekim Subasic pays $8.7M to Pinnacle Group for 56-unit rental in Harlem (September 21, 2022)
• ZD Jasper pays $48M to Pinnacle Group for development site in Hudson Yards (May 31, 2022)
Litigation: