Slate Property Group
440 Park Avenue South 3rd Floor New York, NY 10016
People:
Slate Property Group portfolio
$864.7 million – elevator 67.0%, hotel 11.0%; Manhattan 70.0%, Brooklyn 14.0%
66th largest portfolio by dollar value
3,523,573 sqft – elevator 68.0%, hotel 12.0%;
77th largest by SF
77 properties – Manhattan 45%, Brooklyn 32%
83th largest
3,496 residential units – Manhattan 49.0%, Brooklyn 28.0%
45th largest by residential units
0 foreclosures, 0 bankruptcies, 4 other court cases.
Company Activity past 24 months:
Buyer company: 5 for $302 million
Seller company: 3 for $37.4 million
Borrower company: 9 for $649.1 million
Lender company: 8 for $650 million
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Signature Bank (7), Dime Community Bank (4), Zev Feldstein (3), Beitel Group (3), Westhab (2), Apollo Global Management (2), Sophia Shanfen Zhang (2), AEW Capital Management (2), Bank Leumi (2), Citibank (2)
Top Ten Associated People:
David Ornstein (3), Ben Beitel (3), Kenneth A. Stagnari (2), Richard Nightingale (2), Jeffrey Horowitz (2), Sophia Zhang (2), Anthony Crooks (2), David Bistricer (1), Jeffrey Zwick (1), William Kohane (1)
Latest Stories:
• Slate pays $94.5M for FiDi hotel Sam Chang bought in 2017 for $93.5M (December 24, 2024)
• Beitel Group signs $29M refi with Slate in Mott Haven (September 17, 2024)
• Joyland, Loketch sign $150M refi with TPG for 270-unit project in Williamsburg (August 01, 2024)
• Slate Property Group pays $24.4M for properties in Sheepshead Bay (June 05, 2024)
• Slate signs $97M refi with Apollo for 137-unit rental in Forest Hills (March 04, 2024)
Litigation: