Alex Forkosh
Forkosh Development Group
Developer, Owner
Forkosh Development Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$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
Person Activity past 24 months:
Buyer signatory: 0 for $0
Seller signatory: 0 for $0
Borrower signatory: 3 for $176 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Webster Bank (3), Sovcombank (1)
Top Ten Associated People:
Anthony Viskovich (3)
Recent activity as signatory:
• 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.
• Alex Forkosh filed plans for new building for 61,984 sqft in Kips Bay, Manhattan, on June 27, 2018.
• Alex Forkosh for Mitchell Marks filed plans for major alteration in Lenox Hill, Manhattan, on July 12, 2016.