Artificial Intelligence
Builders Company
Developers/Slate Property Group
SP
Slate Property GroupNew York, United States · founded 2013 · 1 active markets
PRIVATE

Slate Property Group builds, owns, invests in, and operates multifamily housing across the New York metropolitan area and East Coast, serving market-rate renters, affordable-housing households, condominium buyers, nonprofit operators, and institutional capital partners through development, adaptive reuse, lending, and operations.

Years in business
13
founded 2013
LinkedIn headcount
79 people (+1.3% YoY, +1 person)
employees, as shown on LinkedIn · size band 11–50
Portfolio value
USD 10.2 billion total transaction value
Q2 2026
Projects last researched October 15, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Slate Property Group LLC1
Headquarters
440 Park Avenue South1, New York1, United States
Founded
20131
Entity type
PRIVATE1
Business model
offplan for sale2, build to rent2, commercial2, mixed use2, contracting2, other2
Markets
1 market listed
What they build
Residential, for rent (8 of 10) · Mixed use (3 of 10) · Retail (2 of 10)
Full dossier in About →

Delivery record

4 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+5.3 mo
the middle of 4 scored projects
Average delay
+7.9 mo
the same projects, pulled by the worst
Average time to deliver
2.1 yrs
start to completion, over 3 delivered projects
Worst slip
+23.5 mo
1080 Lorimer Street · +18.0 to +29.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

4 date-assessed here · 245 developers, 918 date-assessed projects in United States
Median delay
Slate Property Group·245 developers in United States
+5.3 mo vs +4.5 mo
this developer 0.8 mo worse
The typical project on each side.
Average delay
Slate Property Group·245 developers in United States
+7.9 mo vs +7.5 mo
this developer 0.4 mo worse
Both pulled by their worst few.
On time
Slate Property Group·245 developers in United States
50% vs 55%
this developer 5 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Slate Property Group·245 developers in United States
2.1 yrs vs 2.9 yrs
this developer 0.8 yrs faster
Start to completion, over 3 delivered here and 758 in the market.
Projects and timelines in Track Record →

Resident experience

6 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
6.3/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Little structure evidence (2 of 6 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
5.0/ 10
Fabric, services, waterproofing, envelope · from 2 of 6 rated buildings
Management & living
6.0/ 10
Upkeep, response times, amenities, community · from 5 of 6 rated buildings

Against other developers

6 rated here · 264 developers, 1363 rated buildings in United States
Overall rating
Slate Property Group · 264 other developers in United States
6.3 vs 7.8
this developer 1.5 worse
The weighted verdict on each side. From 6 of 6 rated buildings here and 1363 in the market.
Structure & systems
Slate Property Group · 264 other developers in United States
— vs 7.0
Too few buildings with this score here to compare (2 of 6)
Fabric and engineering only — fixed at handover. From 2 of 6 rated buildings here and 576 in the market.
Management & living
Slate Property Group · 264 other developers in United States
6.0 vs 7.4
this developer 1.4 worse
Upkeep and response — belongs to whoever runs the building now. From 5 of 6 rated buildings here and 1312 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.
Ratings by building →

Awards & recognition

All awards →

Risks & source coverage

  • FINANCIAL DISTRESS Complaint filed April 4, 2024; default judgment reported in the retrieved case record in 2025 A commercial landlord, 440 Realty Associates LLC, sued Slate Property Group LLC alleging that it failed to pay rent and additional rent under a lease; the retrieved case record states that the plaintiff later sought and obtained a default judgment for $333,120.18, although the record contains inconsistent jurisdictional and docket text and should therefore be treated cautiously.
  • DELIVERY DELAY Published February 7, 2024; original conversion target April 2023; research date October 15, 2026 The former Regency Inn supportive-housing conversion in Greensboro, North Carolina—planned by Slate Property Group with Step Up on Second—was still delayed in February 2024: the property closing deadline had been missed after an April 2023 target, and the partners acknowledged delays while proposing a larger 200-unit concept instead of the original 58-unit plan.
  • PROJECT CANCELLED Withdrawal confirmed by Slate principal’s August 19, 2016 letter; reported August 24–25, 2016 Slate Property Group withdrew from the Bedford-Union Armory redevelopment in Crown Heights, selling its project stake to BFC Partners after City Hall pressure; BFC was reported as continuing the redevelopment, so this records Slate’s exit rather than a cancellation of the entire armory project.
  • 3 more in Risk & Sources
Record status
active
Company sources
98 source entries across 97 fields
Projects tracked
10 · 10 completed in assessment
All flags and sources →

Track Record

Delivery record

4 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+5.3 mo
the middle of 4 scored projects
Average delay
+7.9 mo
the same projects, pulled by the worst
Average time to deliver
2.1 yrs
start to completion, over 3 delivered projects
Worst slip
+23.5 mo
1080 Lorimer Street · +18.0 to +29.0
2
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
1
red rows below

Against other developers

4 date-assessed here · 245 developers, 918 date-assessed projects in United States
Median delay
Slate Property Group·245 developers in United States
+5.3 mo vs +4.5 mo
this developer 0.8 mo worse
The typical project on each side.
Average delay
Slate Property Group·245 developers in United States
+7.9 mo vs +7.5 mo
this developer 0.4 mo worse
Both pulled by their worst few.
On time
Slate Property Group·245 developers in United States
50% vs 55%
this developer 5 pts worse
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
Slate Property Group·245 developers in United States
2.1 yrs vs 2.9 yrs
this developer 0.8 yrs faster
Start to completion, over 3 delivered here and 758 in the market.
The market here is United States: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

10 of 10 projects dated · 3 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
New York, United States
Brooklyn, United States
Queens, United States
201620172018201920202021202220232024202520262027todayNEW YORK, UNITED STATEScompleted, no target published+1.5 moverified−2.5 moverified+23.5 moverifiedcompleted, no target publishedcompleted, no target publishedcompleted, no target publishedBROOKLYN, UNITED STATES+9 moverified−5 moestimatedQUEENS, UNITED STATEScompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures. 1 dated statement is held back: a broker listing with no date on it, or a page with no year, cannot fix a date.

Building & Livability Ratings

Resident experience

6 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
6.3/ 10
Weighted judgment across build and operations · from 6 of 6 rated buildings
Little structure evidence (2 of 6 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
5.0/ 10
Fabric, services, waterproofing, envelope · from 2 of 6 rated buildings
Management & living
6.0/ 10
Upkeep, response times, amenities, community · from 5 of 6 rated buildings

Against other developers

6 rated here · 264 developers, 1363 rated buildings in United States
Overall rating
Slate Property Group · 264 other developers in United States
6.3 vs 7.8
this developer 1.5 worse
The weighted verdict on each side. From 6 of 6 rated buildings here and 1363 in the market.
Structure & systems
Slate Property Group · 264 other developers in United States
— vs 7.0
Too few buildings with this score here to compare (2 of 6)
Fabric and engineering only — fixed at handover. From 2 of 6 rated buildings here and 576 in the market.
Management & living
Slate Property Group · 264 other developers in United States
6.0 vs 7.4
this developer 1.4 worse
Upkeep and response — belongs to whoever runs the building now. From 5 of 6 rated buildings here and 1312 in the market.
The market here is United States: every other developer whose head office is in the same country, because the review platforms residents use, and the service norms they judge against, move together within one. It is not a city, a sector or a price band. Read structure and living together. A developer above the market on structure and below it on living builds well and runs buildings badly, which is a fixable problem and a different one from building badly. Higher ratings are better; differences use the displayed scores rounded to one decimal. Rated buildings only, on both sides, and a structure or living score with no stated basis — no review count and no notes or links — is left out of both.

By building

6 rated · 4 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Baisley Pond Park ResidencesSouth Jamaica, Queens, New York318 units
8.4/ 10
—/ 10
7.5/ 10

Google Reviews/Maps is the only located building-specific aggregate and reports 5/5 from 6 reviews, which converts to 10/10 under the stated curve. Because the aggregate has fewer than 10 reviews, the scoring rule limits the result to within one point of 6.5; the predominantly favorable written comments support 7.5, while no recurring complaint or structural review evidence supports a further deduction.

+ Welcoming staff+ Helpful staff+ Good amenities+ Smooth move-in+ Positive appearance
− Potential airport/highway noise

no notes returned

no links returned

The available building reviews are predominantly positive: one resident described the staff as “very welcoming and helpful,” praised the amenities, and said the move-in was smooth. The only lifestyle concern visible in the reviews was prospective noise from being “Under the airport and in front a highway”; this is a concern raised in a five-star post, not a confirmed noise complaint.

222 Johnson AvenueEast Williamsburg, Brooklyn, New York116 units
7.9/ 10
—/ 10
7.9/ 10

Openigloo’s 4.3/5 from 14 resident reviews is the largest published review aggregate located and converts to 7.9/10 under the supplied curve. Repeated management-response complaints pull the result down modestly, while repeated praise for cleanliness, staff and upkeep offsets part of that movement; the lower Google-linked aggregate is reported as dissent rather than used to replace the larger resident anchor.

− Pest reports− Plumbing-related pest concern− Leaks, damp or mould listed in open repairs
+ Clean common areas+ Friendly front-desk staff+ Secure package room+ Responsive superintendent reported by one resident+ Modern/basic functional amenities
− Unresponsive management− Strict rooftop rules and hours− Limited gym reported− High rent or fees− Deposit-return complaints

Published resident material includes pest concerns, including a review alleging “tons of small roaches” coming up from drains. A city-record summary reports open repairs involving pests, plumbing, and leaks/damp/mould, but these records are not resident ratings and do not establish that every issue remained unresolved on the research date.

Residents praised the “great” front-desk staff, secure package room, regular cleaning and a superintendent who was “very quick to respond” through the building app. Other reviews report that “Management only responds when they want,” difficult communication after move-out, strict roof rules and limited gym facilities; these complaints are materially at odds with the stronger Openigloo aggregate.

The WelzEast Williamsburg, Brooklyn162 units
6.7/ 10
6.5/ 10
6.6/ 10

Openigloo’s 3.9/5 building rating is the only qualifying review-based aggregate located, but it rests on just one resident review, so the result is kept close to the stipulated 6.5 low-evidence level. The one resident review is positive overall but notes thin walls; other published comments provide limited structural praise and minor facade/window criticisms without a serious failure.

+ Construction reported complete+ Positive facade appearance+ Energy-efficient appliances+ Quartz countertops
− Thin walls− Closed, difficult-to-clean bay windows− Facade flashing detail criticized
+ Good amenities+ Cleanliness praised+ Rooftop terrace+ Fitness center+ Doorman-attended lobby

New York YIMBY reported that construction was complete by March 17, 2025, with the facade finished and construction equipment removed. The available resident comment said “walls are a bit thin”; a separate design comment criticized facade flashing coordination, while another said the bay windows were “impossible to clean.”

The only resident review located called the building “very clean” and said it had “good amenities,” although it also noted that “walls are a bit thin.” Published building materials describe a rooftop terrace, fitness center, doorman-attended lobby, parking and bike storage; these are amenity descriptions rather than resident satisfaction ratings.

1080 Lorimer StreetGreenpoint, New York29 units
6.5/ 10
—/ 10
—/ 10

The only qualifying building-specific review aggregate located is Exa Places’ 3.5/5 from 2 reviews, which converts to 5.5/10 on the stated curve. Because the anchor has fewer than 10 reviews, the score is kept within one point of 6.5; with no readable review themes or other qualifying platform to move it, the resulting overall score is 6.5/10.

no notes returned

no links returned

The available building-specific review evidence is limited to the aggregate published score: “3.5 out of 5 from 2 reviews.” No readable operational comments about management, staff, security, amenities or common-area upkeep were available, so no operational theme is asserted.

Dutch HouseDutch Kills, New York186 units
4.4/ 10
—/ 10
3.7/ 10

The resident Google aggregate of 3.1/5 from 56 reviews sets the level; using the prescribed market conversion gives an anchor of 4.3/10. The reported complaints materially outweigh the positive themes, producing a conservative adjusted overall/living score of 3.7/10; no separate structure score is assigned because no published structural rating was found.

+ Spacious, modern apartments+ Well-finished interiors+ Clean common areas+ In-unit washer/dryer generally functioning
− Smoke intrusion through shared vents− Recurring elevator breakdowns− Reported repair failures
+ Friendly super and front-desk staff+ Responsive on-site maintenance in some reviews+ Clean, accessible amenities+ Well-stocked gym+ Pet-friendly and rooftop amenities
− Unresponsive building management− Repair and deposit disputes− Secondhand-smoke exposure− Dog-daycare barking− Management complaints about charges

Residents describe the apartments as “spacious, clean, and well finished,” and one reviewer reported no issues with drafts or noise in their unit. Countervailing infrastructure-related feedback includes smoke entering through shared vents—“Entire apt/bathroom fills with smoke smell in minutes”—and an elevator that “keeps breaking every few weeks”; these are resident reports, not an engineering inspection.

Daily-life feedback praises Luis, his wife and front-desk staff as “super friendly,” with one resident saying nearly all work orders were handled within an hour; residents also mention clean amenities, a gym, rooftop access and a pet-friendly environment. The negative reviews describe management as unresponsive—one tenant says they sent “10+ emails” without a response—and report persistent smoke, barking from the ground-floor dog daycare, and delayed deposits.

The YellowstoneForest Hills, New York166 units
4.2/ 10
3.5/ 10
4.1/ 10

LocalityBiz provides the largest review base and sets the level at 2.9/5, converted to 3.7/10. The 3.3/5 LocalGuideWorld result supplies a modest upward counterweight, but repeated reports of leaks, weak access control, unresponsive management, noise and high electricity costs keep the final resident score low. Structure is scored below living because the physical complaints are more consistently adverse, while some staff and convenience praise supports the living component.

+ Some outlets and toilet issues fixed quickly+ Attractive apartment finishes
− Leaks and water intrusion− Poor soundproofing− Drafts and inadequate seals− Unfinished construction− High electricity usage and bills
+ Friendly concierge and onsite staff+ Helpful property manager reported by some residents+ Trader Joe's downstairs+ Bright and spacious apartments+ Clean building reported by some residents
− Unresponsive management reported by multiple residents− Access-control concerns− High electricity costs− Noise and smoke complaints− Unfinished or disappointing amenities

Residents reported ceiling and bathroom leaks, including sewage water, and one reviewer said rainwater entered through an improperly installed terrace door. Other reviews describe “paper thin” walls, drafts around windows, unfinished roof and gym areas, and unusually high electric bills; these are resident reports rather than an independent engineering assessment.

Daily-life feedback is sharply mixed but mostly negative: residents describe “astronomical” ConEd bills, smoke and noise, difficult access control and management silence, while others call the concierge “polite and professional” and praise the manager and staff. The strongest positive themes are convenience—“Trader Joe's is right downstairs”—and attractive, clean apartments; the strongest negative themes concern security, responsiveness and unfinished amenities.

Only buildings that have reached handover are rated. 4 of 10 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Slate Property Group LLC
Headquarters
440 Park Avenue South, New York, United States
10016
Founded
2013
New York, US
Entity type
PRIVATE
Revenue
USD 25.3 million
Business model
offplan for sale, build to rent, commercial, mixed use, contracting, other

Offices

head office and 1 other
Wilmington

Sources: office cities

SOCIALdate not shown in source

Slate Property Group

LinkedIn
with an office in Wilmington
value seen: Wilmington
https://www.linkedin.com/company/slate-property-group

Partners

12 partners
Westhab
operator

Partnered with Slate to develop the Fort Greene Family Center, a 105-unit transitional housing residence.

RiseBoro Community Partnership
joint venture

Partnered with Slate to convert the former JFK Hilton hotel into 318 permanently affordable homes.

Thorobird Companies
joint venture

Partnered with Slate on the 213-unit affordable-housing development at 570 Eldert Lane.

Bangladeshi American Community Development and Youth Services (BACDYS)
government partner

Partnered with Slate and Thorobird on 570 Eldert Lane.

Goldman Sachs
funder

Partnered on 570 Eldert Lane.

Evenhar Development Corporation
joint venture

Developing 1578 Lexington Avenue with Slate Property Group.

The Hudson Cos.
joint venture

Selected with Slate and Volunteers of America to develop The Orion, a 980-unit Queens housing development.

Volunteers of America
operator

Selected with Slate and The Hudson Cos. as the nonprofit developer for The Orion.

Avenue Realty Capital
joint venture

Partnered with Slate on Dutch House and other residential projects.

Fundamental Advisors
funder

Co-closed a $210 million refinancing backing Slate’s transitional and affordable-housing portfolio.

JPMorgan Chase
funder

Originated the refinancing package for Slate’s transitional and affordable-housing portfolio.

Freddie Mac
funder

Securitized that refinancing package as part of its Multifamily Q series.

Sources: partners

COMPANYdate not shown in source

Impact | Slate Property Group

Slate Property Group
Partnered with Westhab to develop the Fort Greene Family Center, a 105-unit transitional housing residence for families in Fort Greene, Brooklyn.
value seen: Westhab
https://www.slatepg.com/our-strategies/impact

Sources: partners

COMPANYdate not shown in source

Impact | Slate Property Group

Slate Property Group
Partnered with RiseBoro Community Partnership to convert the former JFK Hilton hotel into 318 permanently affordable homes
value seen: RiseBoro Community Partnership
https://www.slatepg.com/our-strategies/impact

Sources: partners

PRESS2024-08-26

Multi-Housing News – Slate JV Secures Unique $210M Refi for NYC Portfolio

Multi-Housing News via Slate Property Group
JPMorgan Chase originated the refinancing package
value seen: JPMorgan Chase
https://www.slatepg.com/news/multi-housing-news-slate-jv-secures-unique-210m-refi-for-nyc-portfolio

Sources: partners

PRESS2024-08-26

Multi-Housing News – Slate JV Secures Unique $210M Refi for NYC Portfolio

Multi-Housing News via Slate Property Group
which was securitized by Freddie Mac as part of its Multifamily Q series.
value seen: Freddie Mac
https://www.slatepg.com/news/multi-housing-news-slate-jv-secures-unique-210m-refi-for-nyc-portfolio

Sources: partners

COMPANY2026-04-28

News & Media | Slate Property Group

Slate Property Group
Slate Property Group and Thorobird Companies, in partnership with BACDYS and Goldman Sachs, have broken ground on 570 Eldert Lane
value seen: Thorobird Companies
https://www.slatepg.com/news-media

Sources: partners

COMPANYdate not shown in source

Impact | Slate Property Group

Slate Property Group
Partnering with Thorobird Companies and Bangladeshi American Community Development and Youth Services (BACDYS) on a mixed-use, 213-unit, affordable housing development
value seen: Bangladeshi American Community Development and Youth Services (BACDYS)
https://www.slatepg.com/our-strategies/impact

Sources: partners

COMPANY2026-04-28

News & Media | Slate Property Group

Slate Property Group
Slate Property Group and Thorobird Companies, in partnership with BACDYS and Goldman Sachs, have broken ground on 570 Eldert Lane
value seen: Goldman Sachs
https://www.slatepg.com/news-media

Sources: partners

COMPANY2026-03-17

News & Media | Slate Property Group

Slate Property Group
developed by Slate Property Group and Evenhar Development Corporation.
value seen: Evenhar Development Corporation
https://www.slatepg.com/news-media

Sources: partners

COMPANY2026-07-29

News & Media | Slate Property Group

Slate Property Group
The city selected Slate Property Group, The Hudson Cos. and nonprofit developer Volunteers of America to develop The Orion, a 980-unit housing development
value seen: The Hudson Cos.
https://www.slatepg.com/news-media

Sources: partners

COMPANY2026-07-29

News & Media | Slate Property Group

Slate Property Group
The city selected Slate Property Group, The Hudson Cos. and nonprofit developer Volunteers of America to develop The Orion
value seen: Volunteers of America
https://www.slatepg.com/news-media

Sources: partners

PRESS2025-09-29

Slate, Avenue Realty Team to Acquire Tribeca Apartment Building for $30M

Commercial Observer · carried by slatepg.com
Slate Property Group and Avenue Realty Capital have teamed up to acquire a residential building
value seen: Avenue Realty Capital
https://www.slatepg.com/news/slate-avenue-realty-team-to-acquire-tribeca-apartment-building-for-30m

Sources: partners

PRESS2024-08-26

Multi-Housing News – Slate JV Secures Unique $210M Refi for NYC Portfolio

Multi-Housing News via Slate Property Group
Slate Property Group and Fundamental Advisors have closed on a $210 million refinancing backing their Transitional and Affordable Housing Portfolio.
value seen: Fundamental Advisors
https://www.slatepg.com/news/multi-housing-news-slate-jv-secures-unique-210m-refi-for-nyc-portfolio

Registrations & licences

COMPANY NUMBER4483432
New York Department of State · US · Active
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
United Statesactive 10 projects tracked

What they build

5 types
Residential, for rent8 of 10
Mixed use3 of 10
Retail2 of 10
Other1 of 10
Residential, for sale1 of 10
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
MN
Martin Nussbaum
Martin Nussbaum co-founded Slate and leads its strategic direction, business lines, investment activity, capital-markets relationships and organizational growth. Before Slate, he co-founded and managed Silverstone Property Group and earlier worked at Atlantic Realty Development Corporation and Wells Hill Partners; he also serves on several university and nonprofit boards.
Current title
Co-Founder, Principal
Experience
no career length stated
Companies before
Silverstone Property GroupAtlantic Realty Development CorporationWells Hill Partners
Education
State University of New York at Albany
Other boards
Advisory Board, NYU’s Schack Institute of Real EstateBoard, University of Wisconsin–MadisonBoard, Belev Echad
Known for
Co-FounderPrincipalNearly 3 decades in real estateex-Silverstone Property GroupCapital markets
since founded Slate Property Group in 2013

Sources: education

COMPANYdate not shown in source

Slate PG

Slate Property Group
He earned his degree from the State University of New York at Albany.
value seen: State University of New York at Albany
https://www.slatepg.com/team/martin-nussbaum

Sources: full name

COMPANYdate not shown in source

Slate PG

Slate Property Group
# Martin Nussbaum
value seen: Martin Nussbaum
https://www.slatepg.com/team/martin-nussbaum

Sources: other boards

COMPANYdate not shown in source

Slate PG

Slate Property Group
Martin serves on the Advisory Board of NYU’s Schack Institute of Real Estate, the Board of the University of Wisconsin–Madison, and the Board of Belev Echad, an international nonprofit supporting wounded members of the Israel Defense Forces.
value seen: Advisory Board of NYU’s Schack Institute of Real Estate; Board of the University of Wisconsin–Madison; Board of Belev Echad
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/martin-nussbaum

Sources: previous companies

COMPANYdate not shown in source

Slate PG

Slate Property Group
Before co-founding Slate, Martin was Managing Partner and Co-Founder of Silverstone Property Group, a vertically integrated real estate owner and operator. Earlier in his career, he worked for Atlantic Realty Development Corporation and at Wells Hill Partners.
value seen: Managing Partner and Co-Founder of Silverstone Property Group; Atlantic Realty Development Corporation; Wells Hill Partners
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/martin-nussbaum

Sources: since

PRESSdate not shown in source

LEADERS Interview with Martin Nussbaum and David Schwartz, Co-Founding Principals, Slate Property Group

LEADERS Magazine
We founded Slate Property Group in 2013, and we’ve since grown to own, build, lease, finance, and manage every kind of multifamily housing.
value seen: founded Slate Property Group in 2013
https://www.leadersmag.com/issues/2023.3_Jul/Purpose/LEADERS-Nussbaum-Schwartz-Slate-Property-Group.html

Sources: summary

COMPANYdate not shown in source

Slate PG

Slate Property Group
He leads the firm’s strategic direction, oversees all business lines and investment activities, manages capital market relationships, and drives organizational growth.
value seen: He leads the firm’s strategic direction, oversees all business lines and investment activities, manages capital market relationships, and drives organizational growth.
value paraphrased from this source
https://www.slatepg.com/team/martin-nussbaum

Sources: tags

COMPANYdate not shown in source

Slate PG

Slate Property Group
He brings nearly three decades of experience in real estate investment, development, and operations nationwide.
value seen: nearly three decades of experience in real estate investment, development, and operations nationwide
value paraphrased from this source
https://www.slatepg.com/team/martin-nussbaum

Sources: title

COMPANYdate not shown in source

Slate PG

Slate Property Group
Co-Founder, Principal
value seen: Co-Founder, Principal
https://www.slatepg.com/team/martin-nussbaum
DS
David Schwartz
David Schwartz co-founded Slate and runs its development and construction projects, while sharing responsibility for acquisitions and investment decisions. His prior experience includes co-founding two New York City development firms, work at Crescent Heights of America, Lux Capital and J.P. Morgan, and development of more than 1,000 units before Slate.
Current title
Co-Founder, Principal
Experience
no career length stated
Companies before
Crescent Heights of AmericaLux CapitalJ.P. Morgan
Education
Syracuse UniversityB.S. in finance
Other boards
none sourced
Known for
Co-FounderPrincipalDevelopment and constructionAffordable and impact housingex-Crescent Heights of America
since founded Slate Property Group in 2013
I think it’s revolutionary. I think we’ll look back on this as one of the smartest things that we’ve done in housing. Commercial Observer April 16, 2025https://commercialobserver.com/2025/04/slate-property-group-david-schwartz/

Sources: education

COMPANYdate not shown in source

Slate PG

Slate Property Group
David received his B.S. in finance from Syracuse University.
value seen: Syracuse University — B.S. in finance
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/david-schwartz

Sources: full name

COMPANYdate not shown in source

Slate PG

Slate Property Group
# David Schwartz
value seen: David Schwartz
https://www.slatepg.com/team/david-schwartz

Sources: previous companies

COMPANYdate not shown in source

Slate PG

Slate Property Group
Prior to Crescent Heights of America, David worked at Lux Capital and J.P. Morgan.
value seen: Crescent Heights of America; Lux Capital; J.P. Morgan
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/david-schwartz

Sources: quotes

PRESS2025-04-16

Slate Property Group’s David Schwartz On the Odds for Affordable Housing Now – Commercial Observer

Commercial Observer
I think it’s revolutionary. I think we’ll look back on this as one of the smartest things that we’ve done in housing.
value seen: I think it’s revolutionary. I think we’ll look back on this as one of the smartest things that we’ve done in housing.
https://commercialobserver.com/2025/04/slate-property-group-david-schwartz/

Sources: since

PRESSdate not shown in source

LEADERS Interview with Martin Nussbaum and David Schwartz, Co-Founding Principals, Slate Property Group

LEADERS Magazine
We founded Slate Property Group in 2013, and we’ve since grown to own, build, lease, finance, and manage every kind of multifamily housing.
value seen: founded Slate Property Group in 2013
value paraphrased from this source
https://www.leadersmag.com/issues/2023.3_Jul/Purpose/LEADERS-Nussbaum-Schwartz-Slate-Property-Group.html

Sources: summary

COMPANYdate not shown in source

Slate PG

Slate Property Group
He currently runs all development and construction projects for Slate Property Group and shares responsibility for all acquisitions and investment decisions.
value seen: He currently runs all development and construction projects for Slate Property Group and shares responsibility for all acquisitions and investment decisions.
value paraphrased from this source
https://www.slatepg.com/team/david-schwartz

Sources: tags

COMPANYdate not shown in source

Slate PG

Slate Property Group
He has over twenty years of experience buying, developing, and operating real estate across the United States.
value seen: over twenty years of experience buying, developing, and operating real estate across the United States
value paraphrased from this source
https://www.slatepg.com/team/david-schwartz

Sources: title

COMPANYdate not shown in source

Slate PG

Slate Property Group
Co-Founder, Principal
value seen: Co-Founder, Principal
https://www.slatepg.com/team/david-schwartz
JS
Jay Stark
Jay Stark is President and oversees Slate’s investment processes, operations, and strategic guidance across its integrated platform. He brings more than 30 years in real-estate structuring, acquisitions, development and finance; before Slate he founded Deal Lake Capital, led Winter Properties as COO, co-founded Latus Partners and practiced real-estate law.
Current title
President
Experience
30+ years real estate
Companies before
Deal Lake CapitalWinter PropertiesLatus PartnersSolomon Weinberg LLP (now Greenberg Traurig)
Education
University of PennsylvaniaB.A. in Economics and English
University of ChicagoJD
Other boards
none sourced
Known for
PresidentFounder, Deal Lake Capitalex-Winter Properties COOex-Latus PartnersJD
since joined Slate in 2023
This is an intriguing and opportune time to join the incredible team at Slate Property Group. citybiz June 28, 2023https://www.citybiz.co/article/434983/slate-property-group-appoints-jay-stark-as-president/

Sources: education

COMPANYdate not shown in source

Slate PG

Slate Property Group
Jay graduated from the University of Pennsylvania, with a Bachelor of Arts in Economics and English
value seen: University of Pennsylvania — Bachelor of Arts in Economics and English
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/jay-stark

Sources: education

COMPANYdate not shown in source

Slate PG

Slate Property Group
and received his JD from University of Chicago.
value seen: University of Chicago — JD
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/jay-stark

Sources: full name

COMPANYdate not shown in source

Slate PG

Slate Property Group
# Jay Stark
value seen: Jay Stark
https://www.slatepg.com/team/jay-stark

Sources: previous companies

COMPANYdate not shown in source

Slate PG

Slate Property Group
Jay is the founder of Deal Lake Capital... Prior to that, he was the Chief Operating Officer of Winter Properties... Before Winter, he was a founding principal of Latus Partners... before that, a law partner at Solomon Weinberg LLP (now Greenberg Traurig)
value seen: Deal Lake Capital; Winter Properties; Latus Partners; Solomon Weinberg LLP (now Greenberg Traurig)
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/jay-stark

Sources: quotes

PRESS2023-06-28

Slate Property Group Appoints Jay Stark as President

citybiz
“This is an intriguing and opportune time to join the incredible team at Slate Property Group,” said Stark.
value seen: This is an intriguing and opportune time to join the incredible team at Slate Property Group.
https://www.citybiz.co/article/434983/slate-property-group-appoints-jay-stark-as-president/

Sources: since

COMPANYdate not shown in source

Slate PG

Slate Property Group
Jay joined Slate in 2023 and serves as President.
value seen: joined Slate in 2023
https://www.slatepg.com/team/jay-stark

Sources: summary

COMPANYdate not shown in source

Slate PG

Slate Property Group
He oversees the firm’s investment processes, operations and provides strategic guidance and planning across all of the divisions of the integrated platform.
value seen: He oversees the firm’s investment processes, operations and provides strategic guidance and planning across all of the divisions of the integrated platform.
value paraphrased from this source
https://www.slatepg.com/team/jay-stark

Sources: tags

COMPANYdate not shown in source

Slate PG

Slate Property Group
He has over 30 years of experience structuring, acquiring, developing, and financing various real estate strategies.
value seen: over 30 years of experience structuring, acquiring, developing, and financing various real estate strategies
https://www.slatepg.com/team/jay-stark

Sources: title

COMPANYdate not shown in source

Slate PG

Slate Property Group
President
value seen: President
https://www.slatepg.com/team/jay-stark
SK
Steve Krasman
Steve Krasman is a Partner and Chief Operating Officer who provides management and legal support for Slate and its affiliates’ operations, strategic plans and acquisitions. His earlier career included real-estate underwriting and development work at DDG Partners, Brack Capital Real Estate and Related Capital Company, followed by transactional legal work at Skadden.
Current title
Partner and Chief Operating Officer
Experience
no career length stated
Companies before
Skadden, Arps, Slate, Meagher & Flom LLPDDG PartnersBrack Capital Real EstateRelated Capital Company
Education
University of Michigan Business School (Ross)Bachelor of Business Administration
Benjamin N. Cardozo School of LawJuris Doctor
Other boards
none sourced
Known for
PartnerChief Operating OfficerLegal counselex-SkaddenReal-estate acquisitions
since joined Slate in 2013

Sources: education

DIRECTORYdate not shown in source

Stephen Krasman - Chief Operating Officer & Legal Counsel - Slate Property Group | Revere

Revere
Steve received a Bachelor of Business Administration degree from the University of Michigan Business School (Ross), a Juris Doctor from the Benjamin N. Cardozo School of Law
value seen: University of Michigan Business School (Ross), Bachelor of Business Administration; Benjamin N. Cardozo School of Law, Juris Doctor
held out of the figures · the quote does not carry this value
https://platform.reverecre.com/user/steve.krasman

Sources: full name

COMPANYdate not shown in source

Slate PG

Slate Property Group
# Steve Krasman
value seen: Steve Krasman
https://www.slatepg.com/team/steve-krasman

Sources: previous companies

COMPANYdate not shown in source

Slate PG

Slate Property Group
Prior to Slate, Steve was at Skadden, Arps, Slate, Meagher & Flom LLP... Earlier in his career, Steve worked at DDG Partners and Brack Capital Real Estate... Prior to Brack, Steve worked at Related Capital Company
value seen: Skadden, Arps, Slate, Meagher & Flom LLP; DDG Partners; Brack Capital Real Estate; Related Capital Company
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/steve-krasman

Sources: since

COMPANYdate not shown in source

Slate PG

Slate Property Group
Steve joined Slate in 2013 and is a Partner and serves as the Chief Operating Officer.
value seen: joined Slate in 2013
https://www.slatepg.com/team/steve-krasman

Sources: summary

COMPANYdate not shown in source

Slate PG

Slate Property Group
He works in a multifaceted role, providing management and legal support to the company and its affiliates for their ongoing operations, strategic plans, and acquisitions.
value seen: Steve works in a multifaceted role, providing management and legal support to the company and its affiliates for their ongoing operations, strategic plans, and acquisitions.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.slatepg.com/team/steve-krasman

Sources: tags

DIRECTORYdate not shown in source

Stephen Krasman - Chief Operating Officer & Legal Counsel - Slate Property Group | Revere

Revere
With his strong legal background, Steve adds immense value to Slate’s operations and plays a critical role in all of the firm’s projects.
value seen: strong legal background
value paraphrased from this source
https://platform.reverecre.com/user/steve.krasman

Sources: title

COMPANYdate not shown in source

Slate PG

Slate Property Group
Steve joined Slate in 2013 and is a Partner and serves as the Chief Operating Officer.
value seen: Partner and Chief Operating Officer
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.slatepg.com/team/steve-krasman
JB
John Bono
John Bono is CFO, overseeing finance, accounting and tax across Slate’s portfolio, including reporting, cash management, forecasting, investor relations and risk management. Before Slate he was Tax Partner-in-Charge at Marcum LLP and Vice President of Taxation at Rockrose Development Corp.; he is a New York-licensed CPA.
Current title
Chief Financial Officer
Experience
no career length stated
Companies before
Marcum LLP (formerly Friedman LLP)Rockrose Development Corp.
Education
St. John’s UniversityBachelor of Science in Accounting
Other boards
none sourced
Known for
Chief Financial OfficerCPAFinance and accountingTaxex-Marcum LLP
since joined Slate in 2023

Sources: education

COMPANYdate not shown in source

Slate PG

Slate Property Group
John ... earned a Bachelor of Science in Accounting degree from St. John’s University.
value seen: St. John’s University — Bachelor of Science in Accounting
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/john-bono

Sources: full name

COMPANYdate not shown in source

Slate PG

Slate Property Group
# John Bono
value seen: John Bono
https://www.slatepg.com/team/john-bono

Sources: previous companies

COMPANYdate not shown in source

Slate PG

Slate Property Group
Before joining Slate, John was the Tax Partner-In-Charge at Marcum LLP, formerly Friedman LLP... Prior to Marcum, John was the Vice President of Taxation for Rockrose Development Corp.
value seen: Marcum LLP, formerly Friedman LLP; Rockrose Development Corp.
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/john-bono

Sources: since

COMPANYdate not shown in source

Slate PG

Slate Property Group
John joined Slate in 2023 and serves as Chief Financial Officer.
value seen: joined Slate in 2023
https://www.slatepg.com/team/john-bono

Sources: summary

COMPANYdate not shown in source

Slate PG

Slate Property Group
John oversees the finance, accounting and tax functions for the entire portfolio which include reporting, cash management, forecasting, investor relations and risk management.
value seen: John oversees the finance, accounting and tax functions for the entire portfolio which include reporting, cash management, forecasting, investor relations and risk management.
value paraphrased from this source
https://www.slatepg.com/team/john-bono

Sources: tags

COMPANYdate not shown in source

Slate PG

Slate Property Group
John is a licensed CPA in the State of New York
value seen: licensed CPA in the State of New York
https://www.slatepg.com/team/john-bono

Sources: title

COMPANYdate not shown in source

Slate PG

Slate Property Group
Chief Financial Officer
value seen: Chief Financial Officer
https://www.slatepg.com/team/john-bono
BV
Brian Vetter
Brian Vetter is Chief Investment Officer and oversees Slate’s investment process, including acquisition and asset-management teams, capitalizations and strategic execution. Before Slate, he was a managing director and chief executive at Forum Absolute Capital Partners, after investment-fund work at Carlyle and investment banking at Bank of America.
Current title
Chief Investment Officer
Experience
no career length stated
Companies before
Forum Absolute Capital PartnersThe Carlyle GroupBank of America
Education
Duke UniversityB.S. in Economics and Political Science
Other boards
none sourced
Known for
Chief Investment OfficerInvestment processCapitalizationsex-Carlyleex-Bank of America
since joined Slate in 2020

Sources: education

COMPANYdate not shown in source

Slate PG

Slate Property Group
Brian graduated from Duke University, where he was named a Benjamin N. Duke Scholar, with a Bachelor of Science degree in both Economics and Political Science.
value seen: Duke University — Bachelor of Science degree in Economics and Political Science
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/brian-vetter

Sources: full name

COMPANYdate not shown in source

Slate PG

Slate Property Group
# Brian Vetter
value seen: Brian Vetter
https://www.slatepg.com/team/brian-vetter

Sources: previous companies

COMPANYdate not shown in source

Slate PG

Slate Property Group
Prior to joining Slate, Brian was a Managing Director of Forum Absolute Capital Partners (“FACP”)... Before FACP, Brian was a Vice President in the Carlyle Group’s U.S. Real Estate Funds and an investment banking analyst at Bank of America.
value seen: Forum Absolute Capital Partners; Carlyle Group’s U.S. Real Estate Funds; Bank of America
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/brian-vetter

Sources: since

COMPANYdate not shown in source

Slate PG

Slate Property Group
Brian joined Slate in 2020 and serves as Slate Property Group’s Chief Investment Officer.
value seen: joined Slate in 2020
https://www.slatepg.com/team/brian-vetter

Sources: summary

COMPANYdate not shown in source

Slate PG

Slate Property Group
Brian oversees all aspects of the firm’s investment process, including management of the acquisition and asset management teams.
value seen: Brian oversees all aspects of the firm’s investment process, including management of the acquisition and asset management teams.
value paraphrased from this source
https://www.slatepg.com/team/brian-vetter

Sources: tags

COMPANYdate not shown in source

Slate PG

Slate Property Group
Prior to joining Slate, Brian was a Managing Director of Forum Absolute Capital Partners (“FACP”), a $300 million real estate private equity fund focused on development in New York City, where he served as the firm’s chief executive and managed all aspects of its projects. Before FACP, Brian was a Vice President in the Carlyle Group’s U.S. Real Estate Funds and an investment banking analyst at Bank of America.
value seen: a Managing Director of Forum Absolute Capital Partners; Vice President in the Carlyle Group’s U.S. Real Estate Funds; investment banking analyst at Bank of America
held out of the figures · the quote does not carry this value
https://www.slatepg.com/team/brian-vetter

Sources: title

COMPANYdate not shown in source

Slate PG

Slate Property Group
Chief Investment Officer
value seen: Chief Investment Officer
https://www.slatepg.com/team/brian-vetter

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

10 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
Baisley Pond Park ResidencesNew York, United States
South Jamaica, Queens
residential for rent318112—USD 167m
other
—2023December 18, 2023—Dec 2025—not scorablecompleted
Fort Greene Family CenterBrooklyn, United States
Fort Greene
other1051111,405 sq ftUSD 73m
other
—2025September 18, 2025Dec 2024Sep 2025+9.0 mo
(+9.0 to +9.0)
sourcedcompleted
326 Rockaway AvenueNew York, United States
Brownsville
mixed use, residential for rent216114182,106 sq ftUSD 146m
other
—2023May 31, 2023Jan 2025 – Dec 2025Aug 2025+1.5 mo
(−4.0 to +7.0)
sourcedcompleted
The WelzBrooklyn, United States
East Williamsburg
residential for rent162119116,000 sq ft——20232023Jun 2025 – Aug 2025Feb 2025−5.0 mo
(−6.0 to −4.0)
estimatedcompleted
The LionheartQueens, United States
Rego Park
residential for rent881857,407 sq ft——2024October 8, 2024—Oct 2024—not scorablecompleted
The YellowstoneNew York, United States
Forest Hills
mixed use, residential for rent, retail166111182,000 sq ftUSD 90m
construction loan
—2021May 2021Sep 2023Jan 2023 – Dec 2023−2.5 mo
(−8.0 to +3.0)
sourcedcompleted
1080 Lorimer StreetNew York, United States
Greenpoint
residential for sale291—56,000 sq ft——2021June 14, 2021Jul 2020Jan 2022 – Dec 2022+23.5 mo
(+18.0 to +29.0)
sourcedcompleted
Dutch HouseNew York, United States
Dutch Kills
mixed use, residential for rent, retail18618186,000 sq ftUSD 85m
construction loan
————Jan 2022 – Apr 2022—not scorablecompleted
541 Fourth AvenueNew York, United States
Park Slope
residential for rent134111———2016June 30, 2016—Jan 2021 – Dec 2021—not scorablecompleted
222 Johnson AvenueNew York, United States
East Williamsburg, Brooklyn
residential for rent11617———20182018—Jan 2020 – Dec 2020—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

5 found
PROJECT AWARD Winner 2026
Impact Award for Community Investment · Baisley Pond Park Residences
Slate Property Group and RiseBoro were recognized for the Baisley Pond Park Residences, a hotel-to-affordable-housing conversion creating 318 affordable homes in Southeast Queens.
COMPANY AWARD Winner 2024-04-02 (reported)
Construction Lender of the Year (sub-$100M), 2023 Awards
The developer reports that Slate Property Group was named Construction Lender of the Year in the sub-$100 million category for its bridge and construction-loan origination during 2023.
RECOGNITION Winner 2025-05-21 (reported)
Trailblazers in Affordable Housing Award
The developer reports that Slate Property Group received Urban Pathways’ Trailblazers in Affordable Housing Award for its commitment to affordable and supportive housing in New York City.
COMPANY AWARD Winner 2021-11-18 (event; reported 2021-11-22)
Building Communities Award
Westhab presented its Building Communities Award to Slate Property Group in recognition of the company’s support and partnership in building affordable housing.
GOVERNMENT RECOGNITION
Winning proposal for the Inwood 9th Avenue RFP · La Ostra
The developer reports that La Ostra was the winning proposal for the Inwood 9th Avenue RFP and was awarded to Slate Property Group in partnership with Communilife and Xenolith Partners.
City of New York (RFP selection) · https://www.slatepg.com/our-strategies/impact

Risks

Risk flags

6 found
FINANCIAL DISTRESS Complaint filed April 4, 2024; default judgment reported in the retrieved case record in 2025
A commercial landlord, 440 Realty Associates LLC, sued Slate Property Group LLC alleging that it failed to pay rent and additional rent under a lease; the retrieved case record states that the plaintiff later sought and obtained a default judgment for $333,120.18, although the record contains inconsistent jurisdictional and docket text and should therefore be treated cautiously.
DELIVERY DELAY Published February 7, 2024; original conversion target April 2023; research date October 15, 2026
The former Regency Inn supportive-housing conversion in Greensboro, North Carolina—planned by Slate Property Group with Step Up on Second—was still delayed in February 2024: the property closing deadline had been missed after an April 2023 target, and the partners acknowledged delays while proposing a larger 200-unit concept instead of the original 58-unit plan.
PROJECT CANCELLED Withdrawal confirmed by Slate principal’s August 19, 2016 letter; reported August 24–25, 2016
Slate Property Group withdrew from the Bedford-Union Armory redevelopment in Crown Heights, selling its project stake to BFC Partners after City Hall pressure; BFC was reported as continuing the redevelopment, so this records Slate’s exit rather than a cancellation of the entire armory project.
PROJECT CANCELLED Slate sale listing November 2019; replacement plans reported September 2, 2021
Slate Property Group’s proposed 40-story mixed-use project at 570 Fulton Street in Downtown Brooklyn was described as cancelled by September 2021 after Slate listed the property for sale in November 2019; Davis Companies subsequently filed plans for a different 45-story project, with reported rezoning-related affordability and labor commitments carried forward to the new owner.
DELIVERY DELAY Stoppage reported March 12, 2020; revised completion commitment reported July 9, 2021; opened in 2023, reported March 4, 2024
Slate Property Group’s 105-02 Queens Boulevard/The Yellowstone project in Forest Hills suffered a documented construction stoppage after DOB violations and a full stop-work order in early 2020, and its originally expected 2020 completion was pushed to a 2023 commitment; the building was subsequently reported opened in 2023, so the delay is historical and not presented as an active failure.
SAFETY / LABOUR DOB shutdown March 1, 2016; wind incident April 3, 2016; reported April 7, 2016
Construction at 535 Fourth Avenue in Park Slope, developed by Slate Property Group with Adam America Real Estate, was halted by DOB in March 2016 for noncompliant concrete-column work and then stopped again after wind collapsed ninth-floor formwork; Slate said it was working with agencies to resume, and the sources retrieved here do not establish a continuing delay or noncompletion.

Record status

active
Coverageactive
Tracked sinceOctober 10, 2026
Last checkedOctober 15, 2026 this month
Profile last researchedOctober 15, 2026
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For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.