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
$3.5 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
78 properties – Manhattan 47%, Brooklyn 27%, Queens 13%
97th largest
4,552 residential units – Manhattan 53%, Brooklyn 21%, Queens 21%
54th 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: 7 for $191.6 million
Lender signatory: 1 for $70 million
Top Ten Associated Companies:
Dime Community Bank (8), Zev Feldstein (3), White Oak Financial (3), Yitzchok Katz (3), Signature Bank (3), AEW Capital Management (2), Centennial Bank (1), Sterling National Bank (1), Arden Group (1), John DeSimone (1)
Top Ten Associated People:
Joseph Biancoviso (4), David Ornstein (3), Eric Tanjeloff (3), Yitzchok Katz (3), Anthony Crooks (2), Joseph S. Caruso (1), John DeSimone (1), Lior Levy (1), Michael Quinn (1), Richard Nightingale (1)
Recent activity as signatory:
• Slate Property Group borrowed $86.2 million from Ares Management for 37-05 30th Street, 37-05 30th Street, 37-05 30th Street, 37-05 30th Street, and 37-05 30th Street, Long Island City, Queens on June 01, 2026.
• 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.
• Slate Property Group borrowed $28.1 million from White Oak Financial for 83 Franklin Street on September 26, 2025.
• Francis Moezinia sold 83 Franklin Street for $30 million to Slate Property Group 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 borrowed $13 million from Dime Community Bank for 209 East 33 Street on July 01, 2025.
• Slate Property Group borrowed $11.3 million from Dime Community Bank for 215 East 33 Street on July 01, 2025.
• Slate Property Group borrowed $13.7 million from Dime Community Bank for 491 3 Avenue on July 01, 2025.
• Slate Property Group borrowed $8.1 million from Dime Community Bank for 205 East 33 Street on July 01, 2025.
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)
