Forkosh Development Group
People:
Forkosh Development Group portfolio
$80 million – hotel 62%, walkup 22%; Manhattan 85%, Brooklyn 14%
655th largest portfolio by dollar value
434,549 sqft – hotel 66%, D3 13%;
673th largest by SF
10 properties – Manhattan 70%, Brooklyn 30%
147th largest
297 residential units – Manhattan 93%, Brooklyn 6%
512th largest by residential units
Company Activity past 24 months:
Buyer company: 3 for $12 million
Seller company: 0 for $0
Borrower company: 3 for $135.4 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Webster Bank (3), Christine Ausnit Hood (3), Byron Hood (3), Madison Realty Capital (1), Carter Management (1), PCCP (1), Sovcombank (1), Jeffrey Wolf (1), Bethpage Federal Credit Union (1)
Top Ten Associated People:
Byron Hood (3), Anthony Viskovich (2), Brian Shatz (1), Jason Carter (1), William R. Lindsat (1), Jeffrey Wolf (1), Brandon Wolfe (1), Robert Fish (1)
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)
• Carter Management ups debt to $33M with Raith Capital for property in Lenox Hill (April 15, 2021)