David Marom
Owner
Horizon Group
Horizon Group NYC portfolio
$216.2 million -elevator 28%, industrial 24%, condo 22%; Brooklyn 61%, Manhattan 38%*
1026th largest portfolio by dollar value
188,282 sqft – elevator 43%, condo 24%, hotel 13%; Brooklyn 79%, Manhattan 20%
1730th largest by SF
11 properties – Brooklyn 81%, Manhattan 18%
1030th largest
184 residential units – Brooklyn 100%
1325th largest by residential units
Person Activity past 24 months:
Seller signatory: 1 for $14.2 million
Borrower signatory: 4 for $115.8 million
Developer (new building or major alteration): 1 for 1 square feet
Top Ten Associated Companies:
Bank Hapoalim (3), Valley National Bank (2), Bank Leumi (2), Metropolitan Commercial Bank (2), Cosmopolitan Broadcasting Corporation (1), Don Lewis (1), TD Bank (1), Ronald Tien (1), Ponce Bank (1), Dwight Capital (1)
Top Ten Associated People:
Don Lewis (2), Oren Sapirstein (2), Roger Rofe (2), Thomas Sweeney (1), Yaroslav Portuhay (1), Ronald Tien (1), Ross Dahmen (1), Vivek Baid (1), Steven A. Tsavaris (1), Kristin Layden (1)
Recent activity as signatory:
• 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.
• Leser Group borrowed $58 million from Ponce Bank for 609 2 Avenue on March 17, 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.
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, Leser Group submit $105M condo plan for 65 units in Kips Bay (November 21, 2023)
• 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)