PRESS RELEASE: Martin Nussbaum Announces Formation of Slate Property Group, LLC

NEW YORK – Real estate investor, owner and operator, Martin Nussbaum, announced today that he and several senior partners formed a new organization, Slate Property Group, LLC.  The company was founded to pursue the acquisition and development of new residential, mixed-use and retail projects throughout the New York metropolitan region.
 
Nussbaum, a founding partner of Silverstone Property Group (and its affiliates), brings a strong track record of developing and repositioning real estate assets, often acquiring older building stock and successfully renovating these projects with modern amenities.   The team is committed to smart acquisition in emerging neighborhoods, as well as hands-on acquisition, development and property management.  Martin Nussbaum will continue to own and operate Silverstone assets and ensure their continued success.
 
According to Nussbaum, "I am pleased to announce the creation of our new organization, Slate Property Group, where there is a shared commitment to strategic acquisition of unique assets offering long-term investment potential.  Our team will acquire, develop and manage a portfolio of residential, mixed-use and retail properties throughout New York, with strong emphasis in Manhattan and Brooklyn. Our focus is on the identification and acquisition of projects where we can redevelop or reposition assets to create long-term value."
 
For more information, please visit, www.slatepg.com.
 
Slate Property Group is a full-service real estate company focused on acquisition and development and the creation of long-term value for all of its projects.  The company is dedicated to the identification of unique residential, mixed-use and retail real estate investment and development opportunities, and to maintaining strong relationships with partners, investors and the lending community.  For more information, please visit the company’s website at www.slatepg.com