Slate Property Group in partnership with Grobman Gross Properties today announced the beginning of leasing at its newest luxury apartment building, The Yellowstone in Forest Hills, Queens. The new ground-up building has Slate’s hallmark of quality as well as top-of-the-line amenities, and will also host a Trader Joe’s supermarket. The Yellowstone is located in one of the most desirable residential neighborhoods in New York City, close to Austin Street’s destination restaurants, boutiques and shopping, along with convenient access to four subway lines and the Forest Hills Long Island Railroad station.
Located at the corner of Queens and Yellowstone Boulevards, The Yellowstone offers 166 one- and two-bedroom apartments ranging from 475 to 950 square feet starting at $3,300 per month. Designed by Aufgang Architects, The Yellowstone’s units will feature Bosch stainless steel appliances, black granite kitchen countertops and backsplash, oak flooring, washer/dryer in unit and oversized windows. Select units will also include their own private outdoor space.
“You don’t often see new construction like The Yellowstone in a neighborhood like Forest Hills. We are so proud of this building and the way it seamlessly integrates into its surrounding community, offering residents phenomenal access to shopping, restaurants, parks and transit. We can’t wait to begin seeing residents tour its new apartments to see for themselves,” said David Schwartz, Founding Principal of Slate Property Group.
“The Yellowstone is a showpiece property in one of the most sought-after neighborhoods in the city. Slate has put extraordinary attention to detail into every aspect of this building, from the luxury finishes in each apartment to the expansive amenities that will give residents an unparalleled quality of life. Yellowstone residents will experience the very best of Forest Hills,” said Martin Nussbaum, Founding Principal of Slate Property Group.
“It’s a rare moment when a building like this opens up for leasing in one of the most desirable residential neighborhoods in all of New York City. We’re thrilled to partner with Slate on this project and to begin offering these homes to New Yorkers,” said Richard Grobman, Principal & Manager at Grobman Gross Properties.
“After over a decade of inching towards this long awaited and luxurious development, I am confident that this site will become a new focal point of the Forest Hills Business District, especially with a highly anticipated iconic national grocer,” said Ira Gross, Principal & Manager at Grobman Gross Properties.
The building’s amenities include both an outdoor and indoor lounge, a fitness center, outdoor common terrace, rooftop terrace, parking and secure bike storage. The 182,000 square foot building will also have convenient ground-floor retail, anchored by Trader Joe’s serving residents and the surrounding community.
Units are being leased exclusively through NYC-based MNS Real Estate. The property’s 50 affordable apartments will later be marketed in cooperation with New York City’s Department of Housing Preservation and Development.
For leasing information, please visit https://yellowstone-rentals.com/.
About Slate Property Group
Slate Property Group Slate Property Group is an owner, operator, developer and lender, primarily focused on multifamily in the New York metropolitan area. From adaptive reuse and repositioning of existing assets to ground-up development and lending, Slate’s dedicated team of more than 125 employees leverage extensive experience in the multifamily asset class. Over the last decade, Slate has invested in excess of $6.5 billion across equity and debt, with a current portfolio of 50+ investments.
About MNS Real Estate
MNS is an innovative real estate brokerage specializing in the marketing, sale and rental of residential properties. To increase impact, we seamlessly integrate marketing, sales, and technology to produce the most efficient sales possible at the highest market-driven prices. Our services reflect our unique position as trendsetters, innovators, and shapers of the market. We focus on relationships rather than transactions, offering clients and customers an unsurpassed level of personalized service. For more information, please visit www.mns.com.
