October 16, 2026
Business

Summit’s $451 Million Deal for Bankrupt NYC Buildings Approved(Soban News)

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 New York City Mayor Zohran 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 New York City Mayor Zohran Mamdani. by Soban News (international And National News)

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