Joel Wiener

Pinnacle Group

1 Pennsylvania Plaza #4000 New York, NY 10119

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

Pinnacle Group NYC portfolio

$642.7 million -elevator 66%, walkup 17%, condo 9%; Manhattan 36%, Bronx 24%, Queens 22%*

352th largest portfolio by dollar value

3,243,448 sqft – elevator 69%, walkup 17%, condo 10%; Bronx 35%, Queens 26%, Manhattan 24%

142th largest by SF

65 properties – Queens 45%, Brooklyn 42%, Manhattan 8%

124th largest

3,419 residential units – Bronx 32%, Queens 26%, Manhattan 24%

84th largest by residential units

1556 foreclosures, 1444 bankruptcies, 118 other court cases.

Person Activity past 24 months:

Seller signatory: 1 for $15.1 million

Borrower signatory: 1 for $0

Top Ten Associated People:

John Feijoo (15), Stuart Berg (13), Lisa A. Moghul (2), Jeffrey Gibilaro (1), Nicholas Arsenis (1), Dean C. Ravosa (1), Grace Chiang (1), Bekim Subasic (1), Zhidong Wu (1), Christian Wall (1)

Recent activity as signatory:

Cantor Fitzgerald and Series 2024-AHP1 on December 30, 2024 bought a loan with an original principal of $3.2 million from Flagstar Bank, signed by Mitchel A. Baffa, secured by 83 Seaman Avenue, when owned by Pinnacle Group.

Pinnacle Group sold 109 Gold Street for $15.1 million to Mann Group on November 12, 2024.

Pinnacle Group borrowed $65 million from Starwood Mortgage Capital for 335 West 96 Street on November 06, 2023.

Pinnacle Group sold 660 Riverside Drive, 660 Riverside Drive, 660 Riverside Drive, 660 Riverside Drive, 660 Riverside Drive, and others, Harlem, Manhattan for $1.5 million to William Pears Group on March 31, 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 March 31, 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 March 31, 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 March 31, 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 March 31, 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 March 31, 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 March 31, 2023.

Latest Stories:

• 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)

• ZD Jasper submits 122-unit condo plan in Hudson Yards, no sellout price given (December 13, 2023)

Court Records:

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