Martin Nussbaum's profile

Realty to Construct Affordable Astoria Apartments

Martin Nussbaum is the owner of Slate Property Group, which he founded in 2014 to develop and manage residential and retail projects in New York. In September 2021, Martin Nussbaum provided funding for Bruman Realty via Scale Lending to build an ambitious multifamily apartment building in the Queens district of New York.

Scale Lending is the financing arm of Slate Property Group and the source of the funding for the new building. Bruman Realty has been highly visible in the real estate world with its activities throughout the year, including purchasing the lot for the new building for roughly 14 million dollars and the loan from Scale Lending of 65.9 million for its construction.

The new construction will be placed in the Astoria waterfront area of Queens and is set to be 290,000-square-feet in area. Overlooking the water will be a 204-foot-tall building with 38,000 square feet of community space that will provide special facilities for residents, precisely what kind has not been confirmed. Still, the intent is present to create a free space for community activities.
Realty to Construct Affordable Astoria Apartments
Published:

Realty to Construct Affordable Astoria Apartments

Published:

Creative Fields