Community groups say Slate should be barred from lucrative city contract

The protest in Crown Heights is the latest fallout from Rivington House sale

New York /
Aug.August 08, 2016 11:15 AM

Local community groups are calling on city officials to take Slate Property Group off of an affordable housing project in Crown Heights in light of its role in the Rivington House scandal.

Slate TRData LogoTINY, the developer who bought the nursing home and plans to convert it into condos, won a contract last year to co-redevelop the Bedford Union Armory, a project that includes a 13-story rental building split between market-rate and affordable housing units. New York Communities for Change, the Crown Heights Tenant Union, affordable-housing nonprofit the Urban Homesteading Assistance Board and others plan to protest outside the armory on Wednesday.

“We should not trust Slate with the Armory or any developments moving forward because it’s clear they don’t have the best interests of the residents of New York City,” NYCC spokeswoman Renata Pumarol told Crain’s.

In the past several weeks, new information on Slate’s $116 million purchase of the nursing home — along with Adam America and China Vanke — has surfaced. The city’s Department of Investigations issued a report last month showing that a Slate representative had urged the firm to keep quiet about its deal with the Allure Group until the owner could pull off getting the deed restriction lifted at 45 Rivington Street. City Comptroller Scott Stringer issued a report last week that claimed that Allure plotted for months to turn the property into luxury condos or a hotel. [Crain’s] — Kathryn Brenzel 


Related Articles

arrow_forward_ios
Slate Property Group principal Martin Nussbaum and 210 Clarkson Avenue (Slate, RIPCO)
K2 Real Estate nabs $68M to kick off Prospect-Lefferts Gardens resi project
K2 Real Estate nabs $68M to kick off Prospect-Lefferts Gardens resi project
Scale’s $48M loan kicks off first phase of New Rochelle project
Scale’s $48M loan kicks off first phase of New Rochelle project
Scale’s $48M loan kicks off first phase of New Rochelle project
Bronx Section 8 housing, West Village dorm top mid-market sales
Bronx Section 8 housing, West Village dorm top mid-market sales
Bronx Section 8 housing, West Village dorm top mid-market sales
The New School’s Eugene Lang College at 118 West 13th Street and Martin Nussbaum and David Schwartz of Slate Property Group (TNS, Slate)
Slate snaps up New School dorm in Greenwich Village for $23M
Slate snaps up New School dorm in Greenwich Village for $23M
Davis Companies CEO Jonathan Davis and 570 Fulton Street (Davis Companies, Google Maps)
Davis Companies files plans for 45-story DoBro tower
Davis Companies files plans for 45-story DoBro tower
Slate Group's David Schwartz and 541-555 Fourth Avenue in Park Slope (Google Maps, Slate)
Slate buys out AEW, Adam America’s stake in Park Slope homeless shelter building
Slate buys out AEW, Adam America’s stake in Park Slope homeless shelter building
RiseBoro's Scott Short and Slate Property Group's John Valladares with 326 Rockaway Avenue (Google Maps)
Slate JV plans affordable housing complex in Brownsville
Slate JV plans affordable housing complex in Brownsville
Slate Property Group  principal David Schwartz and a rendering of 69-65 Yellowstone Boulevard (Slate Property Group)
Slate Property Group lands $90M loan for Forest Hills project
Slate Property Group lands $90M loan for Forest Hills project
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...