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New York & Tri-State  + Outer  + Finance  |  March 4, 2024
Emily Fu
By: Emily Fu

Slate Secures $97M Refi for Queens MF Complex 

Slate Property Group and Grobman Gross Properties secured a $97 million refinancing deal for The Yellowstone, a 166-unit multifamily complex in Forest Hills, Queens. Apollo Global Real Estate Management L.P. provided the funding.  

“This recently constructed, well-capitalized luxury project boasts modern layouts, premier finishes, and in-demand amenities all while being situated in a vibrant neighborhood with easy accessibility to Manhattan,” said Martin Nussbaum, founding principal of Slate Property Group. 

The Yellowstone, located at Queens and Yellowstone Boulevards, offers modern layouts, premier finishes, and amenities including a fitness center and outdoor terraces. The property also features ground-floor retail, anchored by a Trader Joe’s supermarket. 

Early Bird Registration ends soon; don’t miss hearing the expert take on the state of multifamily and single-family build-to-rent in Phoenix & Scottsdale. Connect Phoenix Multifamily & Single-Family Build-to-Rent is coming up on April 18 at the Westin Kierland Resort & Spa. Register Now!

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Inside The Story

Martin Nussbaum

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
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