Andrew Chung’s Innovo Property Group is making another big bet on an industrial project in the Bronx. The plan would be a windfall for owners Joshua and Jack Guttman, whose company, Pearl Realty Management, bought the site for $24 million in 2016. The Guttmans would remain part of the project as a lender. Jack Guttman did…
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As the pandemic pushed New York’s commercial real estate market into unknown territory, many brokerages held their breath. Not Pinnacle Realty. “We founded our company back in 2009 during the financial crisis,” said James Tack, one of Pinnacle’s six founding partners. The firm celebrated its 10th anniversary last year. Read more at The Real Deal
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The investors who brought a Netflix soundstage to Brooklyn just picked up another property nearby — a sign that they could be eyeing an expansion for the popular production and streaming company. Pinnacle Realty’s David Junik, who brokered the sale of 333 Johnson to Steel Equities, negotiated the sale of 375 Johnson Avenue with his colleague Decio Baio….
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A tight hustle: TRD’s annual tally of the city’s biggest investment sales firms It’s not every year that a landmark piece of Manhattan’s skyline trades hands. But that’s what happened last spring when trophy collector Aby Rosen and his partners gained control of the famed Chrysler Building in April. Even more eye popping was…
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