After objections from the Mamdani administration, Zohar Levy says Summit plans on $30 million in capital expenditures.
The sale of 5,100 rent-stabilized apartments to Summit Properties follows Pinnacle Group’s bankruptcy and $560 million debt ...
Summit Properties USA is set to take over a roughly 5,200-unit New York City apartment portfolio after no other bids emerged ...
After nearly nine hours of cross examinations the day before, David Jones, the federal bankruptcy judge overseeing the case ...
The portfolio bought by Summit Properties USA consists of 5,100 housing units in 93 buildings in various parts of New York, ...
Summit Properties USA won a daylong auction Thursday to acquire more than 5,100 rent-stabilized apartments across some 90 ...