Alexander Forkosh

(Alex Forkosh)

Forkosh Development Group

(Forkosh Development)

Developer, Owner

400 Broome St 11th Fl New York, NY 10013

Forkosh Development Group NYC portfolio

$151.8 million -hotel 52%, walkup 16%, elevator 15%; Manhattan 85%, Brooklyn 14%*

1115th largest portfolio by dollar value

582,336 sqft – hotel 64%, elevator 11%, D3 10%; Manhattan 88%, Brooklyn 11%

719th largest by SF

11 properties – Manhattan 92%, Brooklyn 7%

889th largest

302 residential units – Manhattan 93%, Brooklyn 6%

803th largest by residential units

Person Activity past 24 months:

Borrower signatory: 6 for $135.2 million

Developer (new building or major alteration): 14 for 296,042 square feet

Top Ten Associated Companies:

Webster Bank (6), Christine Ausnit Hood (3), Byron Hood (3), Carter Management (2), Jeffrey Wolf (1), Bank of America (1), Bethpage Federal Credit Union (1), PCCP (1), Citizens Bank (1), Sovcombank (1)

Top Ten Associated People:

Byron Hood (3), Anthony Viskovich (3), Jason Carter (2), Jeffrey Wolf (1), Brandon Wolfe (1), Elisa De Jesus (1), Robert Fish (1), William R. Lindsat (1), Lysa Flanz Ginsberg (1), Brian Shatz (1)

Recent activity as signatory:

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.

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.

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.

• Christine Ausnit Hood and Byron Hood sold 130 East 61 Street for $5.7 million to Forkosh Development Group on May 03, 2023.

Latest Stories:

• JPB Enterprises pays $7.3M to Forkosh Development for 9-unit walkup in Lenox Hill (October 17, 2025)

• 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 Group signs $65M refi loan with Webster Bank for dorm in Gramercy (March 28, 2023)

• Forkosh Development signs $55M rehab construction loan with PCCP for in Lenox Hill (July 11, 2022)

• Carter Management signs $19M refi with Raith Capital for 3 properties in Manhattan (January 28, 2022)

• Forkosh Development signs $26.5M loan with Madison Realty Capital for 14-unit elevator building in Lenox Hill (January 27, 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)

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