Martin Nussbaum
Founding Partner
Slate Property Group
(Scale Lending)
Owner
440 Park Avenue South 3rd Floor New York, NY 10016
Slate Property Group NYC portfolio
$3.6 billion -elevator 44%, hotel 22%, industrial 12%; Manhattan 59%, Brooklyn 22%, Queens 14%*
57th largest portfolio by dollar value
4,182,478 sqft – elevator 62%, hotel 21%, walkup 7%; Manhattan 61%, Queens 21%, Brooklyn 14%
99th largest by SF
77 properties – Manhattan 50%, Brooklyn 29%, Bronx 11%
96th largest
4,210 residential units – Manhattan 57%, Brooklyn 23%, Queens 15%
59th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Person Activity past 24 months:
Buyer signatory: 2 for $62 million
Seller signatory: 2 for $26.8 million
Borrower signatory: 2 for $59.2 million
Lender signatory: 1 for $70 million
Top Ten Associated Companies:
Dime Community Bank (4), Signature Bank (3), Yitzchok Katz (3), Zev Feldstein (3), White Oak Financial (3), AEW Capital Management (2), Valley National Bank (1), JLL (1), The New School (1), Hershy Silberstein (1)
Top Ten Associated People:
Yitzchok Katz (3), David Ornstein (3), Eric Tanjeloff (3), Anthony Crooks (2), Olatokumbo Shobowale (1), Hershy Silberstein (1), Jeffrey Horowitz (1), Sharon Pearson (1), Michael J. Rietbrock (1), Brandon Naman (1)
Recent activity as signatory:
• Slate Property Group and Avenue Realty Capital borrowed $31.1 million from White Oak Financial for 45 White Street on March 11, 2026.
• Benchmark Real Estate Group sold 45 White Street for $32 million to Slate Property Group and Avenue Realty Capital on March 11, 2026.
• Francis Moezinia sold 83 Franklin Street for $30 million to Slate Property Group on September 26, 2025.
• Slate Property Group borrowed $28.1 million from White Oak Financial for 83 Franklin Street on September 26, 2025.
• Slate Property Group sold 118 West 13th Street and 118 West 13th Street, Greenwich Village, Manhattan for $10.2 million to The buyer on July 30, 2025.
• Slate Property Group sold 224 3 Avenue for $16.5 million to Hershy Silberstein on January 29, 2025.
• Watermark Capital Group borrowed $70 million from Slate Property Group for 41-01 24 Street on November 26, 2024.
• Slate Property Group borrowed $97 million from Apollo Global Management for 105-25 Gerard Place on February 29, 2024.
• Slate Property Group borrowed $38.8 million from Cerco Funding for 120 West 13 Street on April 19, 2023.
• Yitzchok Katz borrowed $54.6 million from Slate Property Group for 570 Fulton Street on February 02, 2023.
Latest Stories:
• Slate, Avenue Realty pay $32M to Benchmark for 16-unit rental in Tribeca (March 25, 2026)
• Blue Sky Builders signs $43M construction loan for 82-unit project in Gowanus (February 10, 2026)
• Slate Property Group pays $30M for 11-unit rental in Tribeca (October 07, 2025)
• Yitzchok Katz signs $67M refi with Affinius for residential elevator in Fort Greene (May 21, 2025)
• Hershy Silberstein pays $16.5M to Slate for dev site in Gowanus (March 03, 2025)
• Benchmark signs $20M refi with Starwood for 17-unit rental in Tribeca (July 12, 2024)