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%*
1154th largest portfolio by dollar value
582,336 sqft – hotel 64%, elevator 11%, D3 10%; Manhattan 88%, Brooklyn 11%
740th largest by SF
11 properties – Manhattan 92%, Brooklyn 7%
925th largest
302 residential units – Manhattan 93%, Brooklyn 6%
837th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $7.3 million
Borrower company: 6 for $135.2 million
Developer (new building or major alteration): 2 for 287,592 square feet
Top Ten Associated Companies:
Webster Bank (6), Madison Realty Capital (1), Bank of America (1), JPB Enterprises (1), Citizens Bank (1), Sovcombank (1), Bethpage Federal Credit Union (1), PCCP (1)
Top Ten Associated People:
Anthony Viskovich (3), Brian Shatz (1), Elisa De Jesus (1), Steven M. Bari (1), Lysa Flanz Ginsberg (1), Robert Fish (1), William R. Lindsat (1)
Recent activity as company:
• 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.
• Christine Ausnit Hood and Byron Hood sold 124 East 61 Street for $3 million to Forkosh Development Group on May 03, 2023.
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: