Summit Properties USA won a bankruptcy auction for a group of rent-stabilized apartments owned by the Pinnacle Group after a judge refused a request by New York City Mayor Zohran Mamdani to delay ...

After objections from the Mamdani administration, Zohar Levy says Summit plans on $30 million in capital expenditures.

A bankruptcy judge approved Summit Properties’ purchase of more than 5,000 rent-regulated apartments in New York City from ...

The sale of 5,100 rent-stabilized apartments to Summit Properties follows Pinnacle Group’s bankruptcy and $560 million debt ...

Summit Properties was confirmed as the buyer of 5,151 units from Pinnacle Group, ending a fight with the Mamdani ...

Real estate investment firm Summit Properties USA won court approval for its $451 million purchase of apartments placed into bankruptcy in May by Pinnacle Group LLC, overcoming legal objections from ...

After nearly nine hours of cross examinations the day before, David Jones, the federal bankruptcy judge overseeing the case ...

A federal judge greenlit the sale of thousands of rent-stabilized apartments with over 6,300 open housing code violations, ...

NYC rent-stabilized apartments face uncertain future amid bankruptcy court debate over enforcement of repair guarantees.