Alex Forkosh

Forkosh Development Group

Developer, Owner

Forkosh Development Group portfolio

$80 million* – hotel 62%, walkup 22%; Manhattan 85%, Brooklyn 14%

675th largest portfolio by dollar value

434,549 sqft – hotel 66%, D3 13%;

689th largest by SF

10 properties – Manhattan 70%, Brooklyn 30%

832th largest

297 residential units – Manhattan 93%, Brooklyn 6%

653th largest by residential units

Person Activity past 24 months:

Borrower signatory: 3 for $176 million

Developer (new building or major alteration): 1.0 for 0 square feet

Top Ten Associated Companies:

Webster Bank (3), Sovcombank (1)

Top Ten Associated People:

Anthony Viskovich (3)

Recent activity as company:

Forkosh Development borrowed $46 million from Webster Bank for 636 Greenwich Street, West Village, Manhattan on April 10, 2024.

Forkosh Development Group borrowed $65 million from Webster Bank for 400 Broome Street, Nolita, Manhattan on May 11, 2023.

Forkosh Development Group borrowed $65 million from Webster Bank for 125 3rd Avenue, Gramercy, Manhattan on March 27, 2023.

Forkosh Development Group borrowed $56.5 million from Sovcombank for 161 East 28th Street, 161 East 28th Street, N/A East 28th Street, and N/A East 28th Street, Flatiron, Manhattan on June 03, 2021.

*The Portfolio Value is the city’s Market Value, which is typically 50% or less of actual market value.

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