Real estate investment firm Summit Properties USA won court approval for its $451 million purchase of apartments placed into ...

A bankruptcy judge approved Summit Properties’ purchase of more than 5,000 rent-regulated apartments in New York City from ...

Summit Properties is set to acquire over 5,000 rent-stabilized apartments for $451 million via a bankruptcy auction.

A federal judge greenlit the sale of thousands of rent-stabilized apartments with over 6,300 open housing code violations, ...

After objections from the Mamdani administration, Zohar Levy says Summit plans on $30 million in capital expenditures.

After nearly nine hours of cross examinations the day before, David Jones, the federal bankruptcy judge overseeing the case ...

Judge approves sale of 5,100 NYC rent-stabilized apartments for $451M, despite tenant and city official concerns.

The portfolio of rent-stabilized units was put into bankruptcy last year to prevent Flagstar Bank from foreclosing on a $564M ...

NYC rent-stabilized apartments face uncertain future amid bankruptcy court debate over enforcement of repair guarantees.

New York Attorney General Letitia James is throwing her political weight behind New York City Mayor Zohran Mamdani in a ...

Summit Properties USA won a bankruptcy auction for a group of rent-stabilized apartments owned by the Pinnacle Group after a ...