Now batting: Pinnacle's baseball league
It's baseball season and the Pinnacle Group, which has been investigated by the state attorney general and the Manhattan district attorney for allegedly trying to remove rent-stabilized tenants, is pitching something it hopes will bring some good PR. It has sponsored the New York City Middle School Baseball League, a new spring league for 200 middle school students. Neighborhoods represented include Chinatown, Lower Manhattan and West Harlem. Teachers launched a similar league two years, but few students could afford the $30 uniforms. Now Pinnacle is paying for uniforms, gloves and equipment. CEO Joel Wiener has led Pinnacle's controversial effort to buy more than $1 billion in distressed buildings in Upper Manhattan and the Bronx over the past few years. TRD
Comments
Anonymous
Say what you want about Pinnacle, but you can't argue that their buildings (and accordingly the surrounding neighborhoods) are in much better condition now than they were before Pinnacle bought them.
Comment #1 Posted By: Anonymous 05/01/08
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