Judge Approves Sale of More Than 5,000 Rent-stabilized Apartments in Pinnacle Portfolio
A bankruptcy court judge approved the sale of a troubled portfolio of rent stabilized units to Summit Properties after their bank made additional funds available for repairs. Tenants and Mayor Mamdani had pushed to delay the sale or find a buyer who would preserve the affordable housing.
Latest
In-Depth | Investigation
NYCHA
The City Limits Newsletter
Never miss a beat. Get regular updates to your inbox.