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Pinnacle Realty

  • About
  • Listings
  • Our Team
    • Partners
    • Brokers/Salespeople
    • Staff
  • News
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718-784-8282

All Posts in Tag: The Bronx

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Andrew Chung Closes on Hunts Point Industrial Site for $103M

By

Carolina Bergara

June 11, 2021

Andrew Chung, the CEO and founder of Innovo Property Group, has closed on a 9-acre industrial site in Hunts Point, Bronx, for $102.5 million, Commercial Observer has learned. The site, located at 1110 Oak Point Avenue along the East River waterfront, is home to a 93,000-square-foot warehouse occupied by the New York Expo Center. David Junik of Pinnacle Realty represented both the buyer and…

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Commercial ObserverFor SaleHot PropertyThe BronxTop Seller
Real Deal Photo Article

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…

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For LeaseFor SaleHot PropertyReal DealThe Bronx
What Cre Crisis Article

What CRE crisis? Outer boroughs’ leading commercial brokerage expands

By

Carolina Bergara

December 21, 2020

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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Real DealThe Bronx
Ranking The Citys Leading Brokerages

Ranking the city’s leading brokerages after one of the toughest years this cycle

By

Carolina Bergara

March 9, 2020

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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AstoriaBrooklynLong Island CityQueensReal DealThe Bronx
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