THE CONDO BOOK PROJECT

Hillrose 28 Condominium

181 East 28th Street, Manhattan, NY 10016

Overview

Units
43 residential
Subway
3 min walk to 28 St 633 St 6, 7 min
Developer
Coral Realty
Principals
Alex Forkosh
Offering price
$100.2 million total

The sponsor of record is 157-161 East 28th Street LLC, represented by Holland & Knight LLP. The offering plan runs 511 pages. The sponsor has filed 8 amendments, the latest in May 2026. The nearest other condo plan on file is 135 Lexington Avenue Condominium, next door.

Plan CD190173 · New · accepted Dec 31, 2019 · AG record ↗

Closings Pro

Homes closed84% of the homes in the plan36 of 43
Closingsfirst and latest recordedAug 10, 2021 – Mar 26, 2024

Sales recorded with the Department of Finance (ACRIS) through Jul 31, 2026: deeds, or transfer tax filings for a building on leased land, of $10,000 or more. A home's first sale since the plan was filed is the sponsor's closing; resales aren't counted. Closing prices are compared with the same home's Schedule A price, as first offered; a deed covering more than one home isn't compared. Amendments often change prices before a home closes, and a deed that includes parking or storage counts its full price. ACRIS records a sale weeks after closing, so recent contracts don't appear yet. Every building's sales.

All 36 closings
HomeRecordedClosing priceSchedule ADifference
1002Aug 10, 2021$2,749,275——
1201Aug 11, 2021$2,195,000——
1402Aug 11, 2021$2,950,000——
902Aug 12, 2021$2,925,000——
1202Aug 12, 2021$2,920,000——
402Aug 13, 2021$1,100,000——
701Aug 13, 2021$1,610,000——
403Aug 17, 2021$1,552,831——
PH3Aug 19, 2021$4,907,280——
702Aug 20, 2021$1,230,000——
502Aug 23, 2021$1,181,601——
303Aug 26, 2021$1,495,000——
602Aug 31, 2021$1,226,991——
1502Sep 2, 2021$2,900,000——
302Sep 14, 2021$993,965——
503Sep 24, 2021$1,620,000——
801Oct 4, 2021$2,061,956——
901Oct 14, 2021$2,189,238——
501Nov 19, 2021$1,715,751——
604Dec 2, 2021$1,400,094——
703Dec 13, 2021$3,003,838——
304Dec 21, 2021$1,293,178——
802Dec 21, 2021$3,405,000——
603Dec 29, 2021$1,725,000——
601Dec 30, 2021$1,731,025——
1602Feb 4, 2022$3,029,294——
1001Feb 23, 2022$2,168,873——
PH2Mar 28, 2022$4,746,488——
1101Apr 8, 2022$2,240,150——
1102Apr 25, 2022$2,932,560——
401May 18, 2022$1,629,200——
201Jun 16, 2022$1,385,838——
404Sep 9, 2022$1,350,000——
1401Oct 31, 2022$2,250,333——
504Aug 7, 2023$1,374,637——
PH1Mar 26, 2024$7,655,625——

Pro

Closings are for subscribers

Every home's recorded closing price against its Schedule A price, with the ACRIS document and the plan page.

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Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
157-161 East 28th Street LLC
Developer
Coral Realty
Principals
Alex Forkosh
Tax estimate
Boris Saks, Esq.Prepared the first-year real estate tax projection
Construction lender
Pccp Credit Ix Reit-Sub Holdco$45.9 million recorded

From our research: Do NYC Developers Rehire the Same Firms?

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