For Kentucky residents, Cumberland Falls represents a point of state pride – a natural landmark that stands alongside bourbon ...
Summit Properties was confirmed as the buyer of 5,151 mostly rent-stabilized apartments from Pinnacle Group in a Friday hearing. Pinnacle, run by Joel Wiener, placed the apartments in bankruptcy.
The bankruptcy auction of Pinnacle’s 5,141-unit, Brooklyn-Manhattan portfolio so perfectly encapsulates the madness of rent stabilization in New York — and the politics of Mayor Zohran Mamdani — that ...
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Rescuers use drone to save stranded hiker
Dramatic footage shows how rescuers used a drone to rescue a hiker who fell from an overlook in Cumberland County. Video shows attack on Ilhan Omar during town hall The dollar is sinking. Trump thinks ...
Update: On Friday, January 16, the courts confirmed the sale of Pinnacle’s portfolio of 5,000 rent-stabilized units to Summit. In the years since, Pinnacle’s buildings remained profitable, but the ...
The city late Monday filed an objection to the outcome of last week's bankruptcy auction, at which Summit Properties USA won the bid to acquire nearly 5,200 rent-stabilized apartments across 90 ...
NEW YORK, NY. (WTVM) - Pinnacle Financial Partners, recently completing a merger with Columbus-based Synovus, rang the opening bell in Manhattan for the New York Stock Exchange Tuesday morning.
The city’s coffers are facing some serious trouble. “We cannot have it such that a New Yorker will go to sleep on a Friday and wonder if on a Saturday their basic services will be in doubt," Mayor ...
The sale of the apartments, whose residents had complained of neglect by management, to a troubled firm is an early test of the new mayor’s ability to deliver for tenants. By Colin Moynihan A federal ...
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 ...
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