Alexander Kostovetsky
Kora Developers
Owner, Developer
Kora Developers NYC portfolio
$38.6 million -walkup 54%, retail 18%, condo 13%; Queens 56%, Brooklyn 43%*
2585th largest portfolio by dollar value
37,797 sqft – mixed-use 41%, retail 37%, condo 21%; Brooklyn 100%
3989th largest by SF
9 properties – Brooklyn 77%, Queens 22%
1240th largest
2 residential units – Brooklyn 100%
7068th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Top Ten Associated Companies:
Forman Realty Management (2), Flushing Bank (1), Ronald Sloop (1), Valley National Bank (1)
Top Ten Associated People:
Peter A. Forman (2), Ronald Sloop (1)
Recent activity as signatory:
• Forman Realty Management sold 4220 Avenue U for $5.3 million to Alexander Kostovetsky on May 13, 2022.
• Alexander Kostovetsky borrowed $8 million from Flushing Bank for 4220 Avenue U on May 13, 2022.
• Forman Realty Management sold 4123 Avenue U for $2.8 million to Alexander Kostovetsky on May 13, 2022.
• Ronald Sloop sold None for $6.7 million to Alexander Kostovetsky on December 18, 2020.
• Alexander Kostovetsky borrowed $15.8 million from Valley National Bank for None on December 18, 2020.
Latest Stories:
• Alexander Kostovetsky pays $5.3M to Forman Realty for retail in Marine Park (June 07, 2022)