Joel Wiener


Joel Saul Wiener is an American real estate developer and landlord, and the CEO of Pinnacle Group.

Early life

Joel Saul Wiener was born in Brooklyn, the son of Paul Wiener. His brother Arthur Wiener is also a landlord.
Wiener earned a law degree from Brooklyn Law School in 1974.

Career

The family firm, Arthur Holding Company, purchased New York buildings in the 1970s and 1980s. Wiener himself started buying building from the late 1980s onwards. He founded Wiener Realty in 1995.
Through his company, Pinnacle Group, Wiener manages about $2 billion worth of New York City property, 10,000 apartments, almost all rent-regulated, in every borough except Staten Island.
Pinnacle has had extensive funding from the Praedium REIT, including the purchase of Baruch Singer's nearly 3,000 apartments in northern Manhattan for $500 million.
As of 2006, Wiener had been personally sued 84 times. His company has been the "subject of criminal investigations by the Manhattan district attorney and the state attorney general's office; it has been denounced by Representative Charles B. Rangel and other politicians". Wiener "has a reputation for being ruthless among many tenants".

Personal life

Wiener is married, with a daughter, and lives in Woodmere, Long Island, New York.