Thor Equities is moving onward and upward from the popular domain of Soho, with its first acquisition in Noho.
The Joseph Sitt-led firm snatched up a retail site at 30 Bond Street, between Bowery and Lafayette Street, for $3 million. The ground-floor space covers 2,200 square feet, as well as an extra 800 square feet in the basement.
Thor paid $16.4 million for a retail condominium at 115 Mercer Street, The Real Deal reported earlier this month. The 7,088-square-foot condo, between Prince and Spring streets, houses the clothing boutique 3.1 by Phillip Lim. Last year, Thor nabbed a 27,750-square-foot mixed-use retail and residential property at 21 and 25-27 Mercer Street, where the retail tenant is Nike, from East End Capital for $34 million. [Crain's] — Mark Maurer