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Cash is becoming a concern for Pinnacle Group’s contested portfolio of thousands of rental units. A federal judge denied a request to tap rental income for more than 5,000 rent-stabilized apartments owned by Joel Wiener’s Pinnacle Group, leaving the massive portfolio without funding for basic operations as it navigates Chapter 11 bankruptcy, Bloomberg reported. Judge […]

This article originally appeared on The Real Deal. Click here to read the full story.

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