Steve Krasman
Coo
Slate Property Group
Owner
440 Park Avenue South 3rd Floor New York, NY 10016
Slate Property Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$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.
Person Activity past 24 months:
Buyer signatory: 2 for $159 million
Seller signatory: 0 for $0
Borrower signatory: 3 for $195.3 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Jerry Kretchmer (1), Jeff Bliss (1), Apollo Global Management (1), PCCP (1), Brookfield Properties (1), NYC Housing Development Corporation (1)
Top Ten Associated People:
Jeffrey Bliss (1), Jeffrey Horowitz (1), William R. Lindsay (1), Ketan Patel (1), Lauren Connors (1)
Recent activity as signatory:
• Slate Property Group borrowed $42.3 million from NYC Housing Development Corporation for 54-39 100th Street, Corona, Queens on July 07, 2023.
• Brookfield Properties sold 54-39 100th Street, Corona, Queens for $39 million to Slate Property Group on July 07, 2023.
• Slate Property Group borrowed $85 million from PCCP for 37-05 30th Street, Long Island City, Queens on June 16, 2023.
• Slate Property Group borrowed $68 million from Apollo Global Management for 600 Columbus Avenue, Upper West Side, Manhattan on June 06, 2023.
• Jerry Kretchmerand Jeff Bliss sold 600 Columbus Avenue, Upper West Side, Manhattan for $120 million to Slate Property Group on June 06, 2023.