Partners at Pinnacle Realty, David Junik and Decio Baio, recently brokered a deal with Steel Equities. The Long Island-based real estate investment firm bought another warehouse in Bushwick, Brooklyn. The company picked up the 44,660-square-foot 121 Morgan Avenue from Joseph Brunner and Abe Mandel’s Bruman Realty in a deal that closed on Dec. 31, 2020….
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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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The investors who brought a Netflix soundstage to Brooklyn just picked up another property nearby — a sign that they could be eyeing an expansion for the popular production and streaming company. Pinnacle Realty’s David Junik, who brokered the sale of 333 Johnson to Steel Equities, negotiated the sale of 375 Johnson Avenue with his colleague Decio Baio….
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NEW YORK CITY – Innovo Property Group, a New York City-based real estate investment and operating company, has acquired 511 Barry St., a 140,000-square-foot warehouse in the Hunts Point neighborhood of the Bronx for $54 million. Granite Point Mortgage Trust Inc., a Pine River Capital managed company, loaned $46 million for the acquisition. 511 Barry…
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