# Schelton Assoumou

> Schelton Assoumou is the New York-based CEO of Brownstone NYC and founder of ASK Capital. A former J.P. Morgan investment banker with an MBA from Harvard Business School, he works on distressed real estate, renovations and homeowner joint ventures, with a stated focus on retaining community ties and homeowner equity.

- **Role:** Chief Executive Officer at Brownstone NYC
- **Organizations:** Brownstone NYC, ASK Capital, J.P. Morgan, ASK Second Chance
- **From:** Oakland, United States
- **Nationality:** American
- **Education:** BA in Economics and BS in Business Administration, Stony Brook University, Master of Business Administration, Harvard Business School
- **Known for:** Earned an MBA from Harvard Business School in 2005., Completed the LISC NYC Developers of Color training program in 2022., Brownstone NYC describes a 2020 joint venture at 32 Pulaski that gave an existing homeowner the opportunity to stay.

## Career timeline

- **1995** — Featured as a Stony Brook tennis player; the campus newspaper described earlier participation on Ivory Coast’s junior national team.
- **1998** — Graduated from Stony Brook and joined J.P. Morgan, according to later biographical accounts.
- **2005** — Completed an MBA at Harvard Business School.
- **2008** — Moved into real estate entrepreneurship and launched ASK Capital, according to later profiles.
- **2013** — Arrested on federal bank-fraud and wire-fraud charges relating to an alleged mortgage-fraud scheme; the announcement described allegations.
- **2014** — In his 2020 account, his mother Maureen invested retirement savings to start Brownstone NYC; he initially advised her.
- **2018** — On May 16, received two years of supervised release and a $5,000 fine, as recorded in the FHFA Office of Inspector General’s semiannual report.
- **2020** — Hosted a homeowner education workshop with the Pulaski Block Association; Brownstone describes acquiring 32 Pulaski through a homeowner joint venture that year.
- **2022** — Completed the second cohort of LISC NYC’s Developers of Color training program and presented Brownstone NYC’s development model.
- **2025** — Published interviews discussed homeowner equity, modular construction and mentorship; authored articles appeared on LinkedIn and Medium.

## Achievements

- Earned an MBA from Harvard Business School in 2005.
- Completed the LISC NYC Developers of Color training program in 2022.
- Brownstone NYC describes a 2020 joint venture at 32 Pulaski that gave an existing homeowner the opportunity to stay.
- Earlier college reporting documented participation on Ivory Coast’s junior national tennis team and a bronze-medal performance in Morocco.

## Latest updates

- **2025-08** — His LinkedIn profile lists articles dated August 12, 14 and 15 on his career, New York property issues and generational wealth.
- **2025-07** — A July 27 Brainz Magazine interview discussed air-rights opportunities, homeowner partnerships and mentorship.
- **2025-07** — Published a July 29 Medium article about ADHOPE and access to homeownership.

## Links

- Website: https://brownstonenyc.com/
- LinkedIn: https://www.linkedin.com/in/schelton-assoumou-815204/
- Instagram: https://www.instagram.com/askschelton/

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Profile page: https://yespress.io/schelton-assoumou
Published by YesPress — https://yespress.io
Last updated: 2026-10-10