Horizon Group
People:
Horizon Group NYC portfolio
$216.2 million -elevator 28%, industrial 24%, condo 22%; Brooklyn 61%, Manhattan 38%*
952th largest portfolio by dollar value
188,282 sqft – elevator 43%, condo 24%, hotel 13%; Brooklyn 79%, Manhattan 20%
1674th largest by SF
11 properties – Brooklyn 81%, Manhattan 18%
963th largest
184 residential units – Brooklyn 100%
1255th largest by residential units
Company Activity past 24 months:
Seller company: 1 for $14.2 million
Borrower company: 4 for $115.8 million
Top Ten Associated Companies:
Bank Leumi (2), Valley National Bank (2), Metropolitan Commercial Bank (2), Bank Hapoalim (2), Berkshire Residential Investments (1), Alma Bank (1), NewBank (1), Moshe Friedman (1), TD Bank (1), Dwight Capital (1)
Top Ten Associated People:
Oren Sapirstein (2), Roger Rofe (2), Jonathan Pfeil (1), Jay So (1), Scott Lin (1), Moshe Friedman (1), Thomas Sweeney (1), Kristin Layden (1), Yaroslav Portuhay (1), Ross Dahmen (1)
Recent activity as company:
• Horizon Group borrowed $40 million from Berkshire Residential Investments for 326 Broome Street on August 13, 2026.
• Horizon Group borrowed $22 million from Metropolitan Commercial Bank for 80 Riverside Drive on December 30, 2025.
• Horizon Group sold 1571 72 Street for $14.2 million to NYC School Construction Authority on June 30, 2025.
• Horizon Group borrowed $28.8 million from Dwight Capital for 389 Weirfield Street on May 29, 2025.
• Horizon Group borrowed $25 million from Valley National Bank for 326 Broome Street on February 11, 2025.
• Ronald Tien ground leased 326 Broome Street valued at $6.5 million to Horizon Group on October 04, 2023.
• Horizon Group borrowed $17 million from Metropolitan Commercial Bank for 80 Riverside Drive on September 22, 2023.
• Horizon Group for Brian Hamburger filed plans for new building for 46,912 sqft in Manhattan, on August 28, 2023.
• Horizon Group borrowed $16.8 million from Valley National Bank for 376 Weirfield Street on November 23, 2022.
• Horizon Group borrowed $25 million from Bank Hapoalim for 389 Weirfield Street on August 08, 2022.
• Horizon Group borrowed $8 million from TD Bank for 2113 Cortelyou Road on May 17, 2022.
• Horizon Group borrowed $36 million from Bank Leumi for 1510 Gates Avenue, Bushwick, Brooklyn on March 30, 2022.
• Horizon Group borrowed $5.5 million from Alma Bank for 2113 Cortelyou Road on August 26, 2021.
• David Weinraub sold 2113 Cortelyou Road for $7.4 million to Horizon Group on August 26, 2021.
• Cosmopolitan Broadcasting Corporation sold 80 Riverside Drive for $12.1 million to Horizon Group on August 25, 2021.
• Horizon Group borrowed $8.7 million from NewBank for 80 Riverside Drive on August 25, 2021.
• Horizon Group sold 335 Irving Avenue, Bushwick, Brooklyn for $4.3 million to Moshe Friedman on May 26, 2021.
• Don Lewis sold 80 Riverside Drive for $0 to Horizon Group on March 08, 2021.
• Horizon Group borrowed $19.8 million from Bank Leumi for 1510 Gates Avenue and 335 Irving Avenue, Bushwick, Brooklyn on February 12, 2021.
• Horizon Group for David Marom filed plans for new building for 43,260 sqft in Bushwick, Brooklyn, on November 17, 2020.
Latest Stories:
• City pays $14.2M to Horizon Group for school dev site in Bensonhurst (July 22, 2025)
• Horizon Group signs $28.8M refi with Dwight for 66-unit rental in Bushwick (June 12, 2025)
• Horizon Group pays $6.5M for 46-unit dev site on Lower East Side (October 18, 2023)
• Horizon Group plans 46-unit building in LES (September 06, 2023)
• Horizon Group pays $7.4M to David Weinraub for retail building in Flatbush (September 02, 2021)
• Horizon Group in contract to buy Riverside Tower Hotel for undisclosed price (March 19, 2021)
• Horizon Group gets $19.8M construction loan for 70-unit project in Bushwick (March 09, 2021)
• Horizon Group pays $14.1M to Poma Realty for property in Bushwick (November 11, 2020)
Properties: