Slate Property Group

Slate’s New Expanded Store at 151 Ludlow Nets a (Temporary) Tenant with ‘CHRISHABANA’

Posted September 4, 2019 at 5:08 am

The renovated, more expansive retail space at 151 Ludlow Street is primed for occupancy, but nothing permanent yet. The first entrant to occupy is a trendy jewelry pop-up for CHRISHABANA. Based in a studio at 80 Bowery, CHRISHABANA prides itself on being a “punk rock” fashion. “Since its debut in 2008, the label is known […]

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Mount Sinai Details $140M Rivington House Transformation as ‘Largest’ Private Investment in Behavioral Health

Posted July 24, 2019 at 5:00 am

Mount Sinai this week released more details about its billion-dollar downtown plans, including the future of Rivington House. The media advisory released on Monday boasts that the $140 million transformation is the “largest private investment in behavioral health in New York history.” More below… Included in the $1 billion Downtown plan is a $140 million […]

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Time is Ticking for the Allure Group to Create LES Health Care Facility as Part of Rivington House Settlement

Last modified March 6, 2019 at 10:18 am

The legal fallout from the Rivington House scandal continues, as the Allure Group literally pays for its nefarious roles in the cancelation of the deed restriction that ultimately led to the $116 million sale of the former nursing home. Under the terms of the settlement with the New York Attorney General last year, Allure is on […]

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Slate’s Rear Yard Retail Extension at 151 Ludlow Street

Posted January 31, 2019 at 5:03 am

The appearance of a drilling rig in the backyard of 151 Ludlow Street in July 2017 now makes sense. It was a precursor to enlargement. Building owner Slate Property Group, which acquired the tenement and its immediate neighbor a month earlier for $15.5 million, is now well underway on a rear yard addition. The former garden […]

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Area Advocates Caught Unawares by Mount Sinai’s Proposed Behavioral Health Facility at Rivington House

Last modified January 10, 2019 at 9:28 am

Rivington House is returning, not as condos, but a new health care facility. If all goes to plan, the Mount Sinai hospital network is to sign a 30-year lease for roughly 130,000 square-feet in the former school building. It’ll reportedly be an integrated behavioral health center serving a variety of mental health and addiction service […]

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Community Advocates Meet with Slate Property Group to Discuss Rivington House

Posted April 19, 2018 at 5:11 am

Neighbors to Save Rivington House, a grassroots community organization formed in response to the facility’s sale (and resultant scandal) two years ago, recently met with the Slate Property Group to discuss its future in the neighborhood. Kathleen Webster, the group’s leader who also heads up the Sara D. Roosevelt Park Coalition, recapped the meeting with […]

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Rivington House Condo Conversion Begins as Slate Property Group Files Plans with City

Posted February 12, 2018 at 5:00 am

With the community slighted, Slate Property Group now officially embarks on its luxury conversion of Rivington House. Three separate permit applications were filed with the Department of Buildings last week for the upcoming job. This despite the partial stop-work order still in effect on 45 Rivington Street. CetraRuddy Architects is the design firm behind the $17.1 […]

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Hell Square Hell: Inside 151-153 Ludlow Street During Slate’s Luxury Conversion [Updated]

Last modified January 19, 2018 at 7:33 am

[Updated below] It’s construction hell for these Hell Square tenements. The side-by-side properties comprising 151-153 Ludlow Street are together amidst an upgrade, with tenants apparently in the crossfire. Another play on the same old song and dance. Rivington House co-owner Slate Property Group purchased the two buildings for $12.5 million over the summer and plotted […]

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Drilling in Rear Yard of 151 Ludlow Street Worries Neighbors

Posted July 28, 2017 at 5:02 am

One month after 151-153 Ludlow Street changed hands in a $15.5 million transaction, all signs are pointing to potential property redevelopment. Drilling in the rear yard was enough to raise the antennae of neighbors worried about the future here. Two contractors were spotted in the backyard of 151 Ludlow Street with a makeshift rig to, […]

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Rivington House Co-Owner Picks up Pair of Ludlow Tenements for $12.5M

Last modified January 15, 2018 at 11:36 am

Last week, we learned that the corner tenement at 101 Stanton Street (at Ludlow) changed hands for $12.9 million. It was sold by Arwen Properties/Luthien Group to a small consortium of real estate firms. Now, it appears the company simultaneously cashed out the two adjacent properties on Ludlow Street, too. While prior rumors of sale proved […]

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