Carter Management
People:
Carter Management portfolio
$15.8 million* – retail 58%, industrial 36%; Manhattan 100%, Bronx 0%
2024th largest portfolio by dollar value
53,275 sqft – industrial 52%, retail 42%;
2771th largest by SF
3 properties – Manhattan 100%, Bronx 0%
2332th largest
Top Ten Associated Companies:
Raith Capital Partners (2), Coral Realty (1), Forkosh Development Group (1), Bankrupt, former owner Mitchell Adam Marks (1), SKW Funding (1)
Top Ten Associated People:
Alexander Forkosh (2), Michael Suchy (1), Kenneth Silverman (1), Ayush Kapahi (1)
Recent activity as company:
• Carter Management borrowed $19 million from Raith Capital Partners for 148 East 33rd Street, 126 Delancey Street, and 103 Norfolk Street, Kips Bay, Manhattan on January 27, 2022.
• Carter Management sold 305 East 61st Street, Lenox Hill, Manhattan for $35 million to Forkosh Development Group on January 19, 2022.
• Coral Realty sold 148 East 33rd Street, Kips Bay, Manhattan for $11 million to Carter Management on January 07, 2022.
• Carter Management borrowed $33 million from Raith Capital Partners for 305 – 307th East 61st Street, Lenox Hill, Manhattan on April 14, 2021.
• Bankrupt, former owner Mitchell Adam Marks sold 305 East 61st Street, Lenox Hill, Manhattan for $51.4 million to Carter Management on October 19, 2020.
• Carter Management borrowed $30 million from SKW Funding for 305 East 61st Street, Lenox Hill, Manhattan on October 19, 2020.
Latest Stories:
• 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)
• Carter Management ups debt to $33M with Raith Capital for property in Lenox Hill (April 15, 2021)
• Forkosh Development pays $9M to Wolfs for garage in Kips Bay (January 21, 2021)
• Carter Management acquires title to bankrupt Lenox Hill conversion for $51.4M (October 20, 2020)
Properties: