The Legal Aid Society, representing the Union of Pinnacle Tenants, filed formal objections in federal bankruptcy court opposing the proposed sale of more than 90 residential buildings owned by Broadway Realty I Co., LLC — the lead debtor entity for Pinnacle Group — citing years of severe neglect and the devastating toll on thousands of tenants.
This follows recent objections filed by the City of New York and the New York State Attorney General.
UPT represents tenants, including in Brooklyn, who live in buildings plagued by chronic disrepair, including persistent lack of heat and hot water, mold, vermin infestations, fire damage, broken elevators, and unsafe electrical and plumbing conditions. Across the portfolio, there are more than 6,300 open Housing Maintenance Code violations, nearly 2,000 of them immediately hazardous, forcing families to endure unsafe and unlivable conditions while their landlord seeks court approval to sell the properties…