Steven Forkosh
Head Of Acquisition
Forkosh Development Group
(Forkosh Development)
400 Broome St 11th Fl New York, NY 10013
Forkosh Development Group NYC portfolio
$67.1 million -walkup 38%, hotel 27%, condo 20%; Manhattan 68%, Brooklyn 31%*
2045th largest portfolio by dollar value
426,099 sqft – hotel 67%, D3 14%, condo 11%; Manhattan 84%, Brooklyn 15%
1014th largest by SF
9 properties – Manhattan 89%, Brooklyn 10%
1303th largest
324 residential units – Manhattan 93%, Brooklyn 6%
888th largest by residential units
Notes
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Person Activity past 24 months:
Seller signatory: 1 for $7.3 million
Developer (new building or major alteration): 7 for 15,496 square feet
Top Ten Associated Companies:
Bank of America (1), JPB Enterprises (1)
Top Ten Associated People:
Elisa De Jesus (1), Steven M. Bari (1)
Recent activity as signatory:
• Forkosh Development sold 130 East 61 Street for $7.3 million to JPB Enterprises on October 09, 2025.
• Forkosh Development borrowed $53 million from Bank of America for None on May 29, 2024.
Latest Stories:
• Forkosh pays $12M for three walkups on 61st Street in Lenox Hill (May 15, 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 ups debt to $33M with Raith Capital for property in Lenox Hill (April 15, 2021)
• Carter Management acquires title to bankrupt Lenox Hill conversion for $51.4M (October 20, 2020)
