Dec. 10, 2024 By Ethan Marshall The real estate developer Slate Property Group announced that it has partnered with White Oak Real Estate Capital to provide a $70 million construction loan to Watermark Capital Group for the development of a 26-story, 184-unit multifamily building at 41-08 Crescent St. in Long Island City. Watermark Capital Group,… Read more »
Oct. 15, 2024 By Ethan Marshall Construction has wrapped for The Lionheart, an 8-story transitional housing complex in Rego Park. Located at 92-62 Queens Blvd., the Lionheart stands 83 feet tall and spans 57,407 square feet. The building features 88 affordable rental units, each averaging 798 square feet. A portion of these units will…
Mar. 7, 2024 By Ethan Marshall The New York City real estate developer Slate Property Group, in partnership with the investment service LibreMax Capital, announced a $60.25 million bridge loan to Ming’s Garden Realty LLC for the completion of a condo development at 26-01 4th St. in Astoria. The funds will be used for the… Read more »
Mar. 7, 2024 By Ethan Marshall The real estate organization Slate Properties Group, in partnership with Grobman Gross Properties, announced a $97 million refinancing for a recently completed 166-unit luxury apartment building in Forest Hills. The Yellowstone, located at 69-65 Yellowstone Blvd., will be using these funds to retire existing debt, cover closing costs and…
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Dec. 18, 2023 By Bill Parry The city announced Monday that it has closed a deal with developer Slate Property Group and the nonprofit RiseBoro Community Partnership to convert the shuttered JFK Hilton Hotel in South Jamaica into 318 apartments of permanently affordable housing for low-income and formerly homeless New Yorkers. Construction on the project…
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Jul. 6, 2023 By Julia Moro Slate Property Group recently purchased a 296-unit complex in Corona with plans to renovate the roofing and solar panels, as well as make kitchen and bathroom apartment upgrades, all while making the buildings more affordable. The affordable housing program at 54-09 and 54-39 100th St. in Corona was expiring,…
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