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Slate funds $48M construction loan for New Rochelle development

The loan will finance ground up construction of a new 144-unit mixed-use building by Allstate Ventures. ....

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Bruman Gets $66M Loan for Queens Apartment Building

Bruman Gets $66M Loan for Queens Apartment Building
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Bruman secures $66M loan to build 165-unit Astoria apartment tower

Bruman secures $66M loan to build 165-unit Astoria apartment tower
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SCALE funds $55M construction loan for LIC condo

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SCALE Lending announced that it has closed on a $55 million
construction loan to complete the development of The Nova in Long Island City.
Being developed by SB Development, designed by Fogarty Finger and built by 1 Oak Construction, The Nova is set to be completed in June 2022.
Rendering courtesy of SB Development

“We have been very active in the Long Island City market
over the last five years. It has maintained strong demand throughout the
pandemic, and we have seen an increase in activity recently in both the rental
and condominium markets,” said Martin Nussbaum, Co-Founder and Principal of
Slate Property Group. “With our confidence in SB Development’s experience and ....

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Slate and its supermarket partner break ground in Queens

Slate Property Group and Grobman-Gross Properties have broken ground for their 166-unit mixed-use project at 69-65 Yellowstone Boulevard in Queens.
The development will include 50 affordable apartments and 186 parking spaces across 210,000 s/f in the Forest Hills neighborhood.
The Aufgang Architects-designed building, composed of brick and a large green vertical wall, includes 50,000 s/f of retail space on the cellar and ground floors.
69-65 Yellowstone Boulevard will also feature a large, landscaped common outdoor recreation space on the third floor and rooftop and multiple terraces on each floor for personal outdoor space to tenants. The project is slated for completion in 2023. ....

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