Pinnacle Group

Owner

Private Equity

1 Pennsylvania Plaza #4000 New York, NY 10119

2 Grand Central Tower, 140 East 45th St, 12th Floor, New York, NY 10017

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Pinnacle Group NYC portfolio

$607.3 million -elevator 70%, walkup 18%, C7 4%; Manhattan 38%, Bronx 26%, Queens 20%*

421th largest portfolio by dollar value

3,045,229 sqft – elevator 73%, walkup 18%, condo 4%; Bronx 38%, Manhattan 25%, Queens 24%

163th largest by SF

65 properties – Brooklyn 40%, Queens 35%, Manhattan 17%

142th largest

3,198 residential units – Bronx 34%, Manhattan 26%, Queens 25%

96th largest by residential units

1556 foreclosures, 1444 bankruptcies, 158 other court cases.

Company Activity past 24 months:

Seller company: 104 for $574.5 million

Borrower company: 3 for $0

Top Ten Associated Companies:

Summit Properties (80), New York Community Bank (52), Tremada Holdings (23), William Pears Group (13), Investors Bank (5), Axos Bank (5), Capital One (5), Cantor Fitzgerald (3), Series 2024-AHP1 (3), Tel Aviv Stock Exchange bondholders (2)

Top Ten Associated People:

Estefania Knight (80), Stuart Berg (30), John Feijoo (15), Lisa A. Moghul (2), Bekim Subasic (1), Zhidong Wu (1), Alan L. Kaufman (1), Christian Wall (1), Eric Mann (1), Jeffrey Gibilaro (1)

Recent activity as company:

Pinnacle Group sold 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, 133-17 Sanford Avenue, and others, Flushing, Queens for $6.4 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, 136-04 Cherry Avenue, and others, Flushing, Queens for $8.4 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 142-20 Franklin Avenue, 142-20 Franklin Avenue, 142-20 Franklin Avenue, 142-20 Franklin Avenue, 142-20 Franklin Avenue, 142-20 Franklin Avenue, and 142-20 Franklin Avenue, Flushing, Queens for $1.1 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, 109-20 Queens Boulevard, and 109-20 Queens Boulevard, Forest Hills, Queens for $2 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, 961 Washington Avenue, and 961 Washington Avenue, Crown Heights, Brooklyn for $3.2 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, 97-25 64th Avenue, and others, Rego Park, Queens for $9.9 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, 32-86 33rd Street, and others, Astoria, Queens for $4.9 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, 41-60 Bowne Street, and others, Flushing, Queens for $5.9 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, 441 Convent Avenue, and others, Harlem, Manhattan for $6.2 million to Tremada Holdings on July 31, 2026.

Pinnacle Group sold 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, 601 Crown Street, and 601 Crown Street, Crown Heights, Brooklyn for $1.6 million to Tremada Holdings on July 31, 2026.

Latest Stories:

• Lightstone in contract to pay Pinnacle $88M for control of 172-unit UWS rental (July 30, 2026)

• Summit Properties pays $10.1M for 142-unit rental in Washington Heights, part of Pinnacle bankruptcy (April 14, 2026)

• Summit Properties pays $5.7M for 84-unit walkup in Washington Heights, former Pinnacle building (April 09, 2026)

• Summit Properties pays $4.1M for 59-unit Inwood walkup Pinnacle lost in bankruptcy (April 08, 2026)

• $108M in pre-foreclosure actions allege Bronx Pinnacle Group loans in default (September 16, 2025)

• Extell battles Pinnacle Group over future management of Midtown West hotel (June 25, 2025)

• Pinnacle Group places 5,000-unit portfolio with approximately $574M in debt in bankruptcy (May 22, 2025)

• Flagstar Bank files pre-foreclosure action for Pinnacle Group loans totaling $150M (March 24, 2025)

• Mann Group pays $15.1M to Pinnacle for 33-unit rental in Vinegar Hill (December 11, 2024)

• Extell signs $220M construction loan for 534-key project in Midtown West (December 26, 2023)

Court Records:

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Properties:

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