Forkosh Development Group
(Forkosh Development)
400 Broome St 11th Fl New York, NY 10013
People:
Forkosh Development Group NYC portfolio
$151.8 million -hotel 52%, walkup 16%, elevator 15%; Manhattan 85%, Brooklyn 14%*
1163th largest portfolio by dollar value
582,336 sqft – hotel 64%, elevator 11%, D3 10%; Manhattan 88%, Brooklyn 11%
763th largest by SF
11 properties – Manhattan 92%, Brooklyn 7%
949th largest
338 residential units – Manhattan 94%, Brooklyn 5%
800th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $7.3 million
Borrower company: 6 for $124.2 million
Developer (new building or major alteration): 2 for 287,592 square feet
Top Ten Associated Companies:
Webster Bank (6), Citizens Bank (2), Sovcombank (1), Bethpage Federal Credit Union (1), PCCP (1), Madison Realty Capital (1), Bank of America (1), JPB Enterprises (1)
Top Ten Associated People:
Anthony Viskovich (3), Lysa Flanz Ginsberg (2), Robert Fish (1), William R. Lindsat (1), Brian Shatz (1), Elisa De Jesus (1), Steven M. Bari (1)
Recent activity as company:
• Forkosh Development Group borrowed $35 million from Citizens Bank for 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, 305 East 61st Street, and 305 East 61st Street, Lenox Hill, Manhattan on May 18, 2026.
• Forkosh Development Group borrowed $16.8 million from Citizens Bank for 124 East 61 Street on December 05, 2025.
• Forkosh Development Group borrowed $7 million from Webster Bank for 404 Broome Street on November 21, 2025.
• Forkosh Development sold 130 East 61 Street for $7.3 million to JPB Enterprises on October 09, 2025.
• Forkosh Development Group for Alexander Forkosh filed plans for major alteration for 173,838 sqft in Nolita, Manhattan, on September 18, 2025.
• Forkosh Development Group borrowed $7 million from Webster Bank for 125 3 Avenue on July 17, 2025.
• Forkosh Development Group for Alexander Forkosh filed plans for major alteration for 113,754 sqft in Gramercy, Manhattan, on May 19, 2025.
• Forkosh Development Group borrowed $5.4 million from Webster Bank for 5923 Strickland Avenue and 5923 Strickland Avenue, Mill Basin, Brooklyn on September 26, 2024.
• Forkosh Development borrowed $53 million from Bank of America for None on May 29, 2024.
• Forkosh Development borrowed $46 million from Webster Bank for 642 Greenwich Street on April 05, 2024.
Latest Stories:
• Forkosh pays $12M for three walkups on 61st Street in Lenox Hill (May 15, 2023)
• Forkosh Development signs $65M refi with Webster Bank for dorm, rental in Nolita (May 12, 2023)
• Forkosh Development signs $55M rehab construction loan with PCCP for in Lenox Hill (July 11, 2022)
• Alex Forkosh pays $35M to Carter Management for 14-unit building in Lenox Hill (January 20, 2022)
• Carter Management pays $11M to Forkosh Development for garage in Kips Bay (January 10, 2022)
• Forkosh signs $56.5M refi with Sovcombank for condo in Kips Bay (June 04, 2021)
Properties:
