David Marom
Horizon Group
Horizon Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$23 million – hotel 29.0%, elevator 17.0%; Brooklyn 60.0%, Manhattan 39.0%
1576th largest portfolio by dollar value
197,242 sqft – elevator 41.0%, condo 23.0%;
1202th largest by SF
13 properties – Brooklyn 84%, Manhattan 15%
144th largest
184 residential units – Brooklyn 100.0%, Manhattan 0.0%
614th largest by residential units
Person Activity past 24 months:
Buyer signatory: 1 for $6.5 million
Seller signatory: 0 for $0
Borrower signatory: 2 for $75 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bank Hapoalim (3), Bank Leumi (2), TD Bank (1), Valley National Bank (1), Ponce Bank (1), Metropolitan Commercial Bank (1), Ronald Tien (1), David Weinraub (1), Andrew J. Poma Sr. (1), Alma Bank (1)
Top Ten Associated People:
Roger Rofe (2), Don Lewis (2), Thomas Sweeney (1), Oren Sapirstein (1), Yaroslav Portuhay (1), Oren Saperstein (1), Steven A. Tsavaris (1), Ross Dahmen (1), Vivek Baid (1), Ronald Tien (1)
Recent activity as signatory:
• Ronald Tien sold 324 Broome Street, Lower East Side, Manhattan for $6.5 million to Horizon Group on October 17, 2023.
• Horizon Group borrowed $17 million from Metropolitan Commercial Bank for 80 Riverside Drive, Upper West Side, Manhattan on October 03, 2023.
• Leser Group borrowed $58 million from Ponce Bank for 609 2nd Avenue, Kips Bay, Manhattan on March 28, 2023.
• Horizon Group borrowed $16.8 million from Valley National Bank for 378 Weirfield Street, Bushwick, Brooklyn on December 06, 2022.
• David Marom filed plans for alteration in Upper West Side, Manhattan, on September 16, 2022.
• Horizon Group borrowed $25 million from Bank Hapoalim for 378 Weirfield Street, Bushwick, Brooklyn on August 17, 2022.
• Horizon Group borrowed $8 million from TD Bank for 1072 Flatbush Avenue, Flatbush, Brooklyn on May 31, 2022.
• Horizon Group borrowed $36 million from Bank Leumi for 1510 Gates Avenue, Bushwick, Brooklyn on April 12, 2022.
• David Maron borrowed $21.5 million from Bank Hapoalim for 376 Weirfield Street, Bushwick, Brooklyn on February 14, 2022.
• David Marom filed plans for major alteration for 15,330 sqft in Flatbush, Brooklyn, on February 03, 2022.
Latest Stories:
• 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
• Horizon Group gets $19.8M construction loan for 70-unit project in Bushwick March 09, 2021