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Pinnacle Realty

  • About
  • Listings
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    • Brokers/Salespeople
    • Staff
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  • Contact
718-784-8282

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Innovo Property Group aims to raise $140M for Bronx industrial site Hunts Point site last sold in 2016 for $24M

By

Carolina Bergara

May 5, 2021

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 not return an email message seeking comment.

David Junik of Pinnacle Realty is representing both Pearl Realty and Innovo for the deal, and is in charge of leasing for the site.

Read more at The Real Deal

 For Lease For Sale Hot Property Real Deal The Bronx

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Pinnacle Realty of New York, LLC.

34-07 Steinway Street, Suite 202
Long Island City, NY 11101

718-784-8282

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