Joel Wiener

Pinnacle Group

Pinnacle Group portfolio

(NYC’s “Market Value,” 50% or less of actual value)

$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.

Person Activity past 24 months:

Buyer signatory: 0 for $0

Seller signatory: 14 for $69.5 million

Borrower signatory: 1 for $65 million

Lender signatory: 0 for $0

Developer (new building or major alteration): 0 for 0 square feet

Top Ten Associated Companies:

New York Community Bank (34), William Pears Group (13), Investors Bank (5), Capital One (5), Tel Aviv Stock Exchange bondholders (2), David Spira (1), ZD Jasper Realty (1), Bekim Subasic (1), CenterSquare Investment Management (1), Starwood Mortgage Capital (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), Eric Mann (1)

Recent activity as signatory:

• Pinnacle Group sold 109 Gold Street, Vinegar Hill, Brooklyn for $15.1 million to Mann Group on December 10, 2024.

• Pinnacle Group borrowed $65 million from Starwood Mortgage Capital for 323 West 96th Street, Upper West Side, Manhattan on December 04, 2023.

• Pinnacle Group sold 835 Riverside Drive, 835 Riverside Drive, 835 Riverside Drive, 835 Riverside Drive, 835 Riverside Drive, and others, Washington Heights, Manhattan for $4.8 million to William Pears Group on April 12, 2023.

• Pinnacle Group sold 812 Riverside Drive, 812 Riverside Drive, 812 Riverside Drive, 812 Riverside Drive, 812 Riverside Drive, and others, Washington Heights, Manhattan for $3.1 million to William Pears Group on April 12, 2023.

• Pinnacle Group sold 807 Riverside Drive, 807 Riverside Drive, 807 Riverside Drive, 807 Riverside Drive, 807 Riverside Drive, and others, Washington Heights, Manhattan for $4.6 million to William Pears Group on April 12, 2023.

• Pinnacle Group sold 801 Riverside Drive, 801 Riverside Drive, 801 Riverside Drive, 801 Riverside Drive, 801 Riverside Drive, and others, Washington Heights, Manhattan for $2.9 million to William Pears Group on April 12, 2023.

• Pinnacle Group sold 156-08 Riverside Drive West, 156-08 Riverside Drive West, 156-08 Riverside Drive West, 156-08 Riverside Drive West, 156-08 Riverside Drive West, and others, Washington Heights, Manhattan for $8.4 million to William Pears Group on April 12, 2023.

• Pinnacle Group sold 775 Riverside Drive, 775 Riverside Drive, 775 Riverside Drive, 775 Riverside Drive, 775 Riverside Drive, and others, Washington Heights, Manhattan for $8.8 million to William Pears Group on April 12, 2023.

• Pinnacle Group sold 750 Riverside Drive, 750 Riverside Drive, 750 Riverside Drive, 750 Riverside Drive, 750 Riverside Drive, and others, Harlem, Manhattan for $2.4 million to William Pears Group on April 12, 2023.

• Pinnacle Group sold 725 Riverside Drive, 725 Riverside Drive, 725 Riverside Drive, 725 Riverside Drive, 725 Riverside Drive, and others, Harlem, Manhattan for $5.9 million to William Pears Group on April 12, 2023.