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Pryor Cashman Represents Pinnacle Group in $43M Purchase of East Flushing Rental Building

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Pryor Cashman represented Pinnacle Group, a real estate investment firm, in the purchase of a multifamily building located in East Flushing, Queens, which was reported in the Real Deal for its article, “Pinnacle Group Buys East Flushing Rental Building for $43M.” The article appeared on February 5, 2016. The property, which is rent-regulated, is 134,000-square feet, occupies six stories, and is comprised of 145 units.

Partner Ronald B. Kremnitzer, co-chair of the firm’s Real Estate Group, and Partner Samson R. Bechhofer represented Pinnacle Group in the transaction.