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NewsAug 18, 20260 views

Pinnacle Group Sells Rights to Upper West Side Apartment Tower for $88M

Pinnacle Group has offloaded another asset, this time on Manhattan’s Upper West Side. The prominent New York City landlord, which put a massive rent-stabilized portfolio into bankruptcy last year, sold its rights to an apartment building at 323 West 96th Street to private real estate company Lightst

Source: Commercial Observer

Pinnacle Group has offloaded another asset, this time on Manhattan’s Upper West Side. The prominent New York City landlord, which put a massive rent-stabilized portfolio into bankruptcy last year, sold its rights to an apartment building at 323 West 96th Street to private real estate company Lightstone Group for approximately $88 million, according to a […]

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