Unlike the Gary Barnetts and Harry Macklowes of the world, Slate Property Group principals Martin Nussbaum and David Schwartz aren’t interested in developing the next jewel that crowns New York City’s skyline.
The two principals have instead focused their business on acquiring and developing residential rentals and “quote-unquote affordable” condos in Brooklyn. Since Nussbaum and Schwartz founded the firm in 2013, they’ve acquired nearly $1.5 billion in properties.
Watch the above video to see the two Slate partners discuss how they navigate rent-stabilized units in their portfolio, why they’re not hot on the South Bronx and which deals they consider their favorites.
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