Schelton Assoumou, a Brooklyn-based real estate developer, aims to create affordable housing to foster community opportunity. Growing up in a multicultural environment, he recognized housing's importance for dignity. After a decade on Wall Street, where he excelled in investment banking, Schelton sought a career that would impact lives positively. In 2008, he pivoted to real estate development in response to the challenges of rising rents and gentrification affecting communities across New York City.
I didn't just want to build buildings; I wanted to build opportunity.
I grew up seeing many different ways people lived. It helped me see how important housing is-not just as shelter, but as dignity.
I learned a lot on Wall Street, but at some point, I wanted my work to have a more direct impact on people's lives.
Too many families were being pushed out due to rising rents and gentrification.
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