Thor Equities | The Real Deal New York

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Thor Equities

25 West 39th Street #11
New York, NY 10018
(212) 529-5055
Website
Thor-Equities
Thor Equities

Thor Equities is a privately held real estate firm founded in 1986 by Brooklyn native Joseph Sitt. It invests in assets in the United States, Europe and Latin America with a focus on retail in major cities. It is known in New York City for its ownership and redevelopment of scores of retail properties in major shopping districts and corridors such as Soho, Madison Avenue and Fifth Avenue. The firm has a retail brokerage arm called Thor Retail Advisors. Thor Equities, which buys properties using several large investment funds, focuses on development and redevelopment of retail properties, to either lease up or sell. Major projects include the ground-up construction and leasing to Samsung of 837 Washington Street in the Meatpacking District, in a partnership with Taconic Investment Partners, as well as the 2010 purchase of the retail and office building at 693 Fifth Avenue.


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09/14/16
...from top: Joseph Sitt and Steven Vegh) Joseph Sitt’s Thor Equities is in contract to pay $42.5 million for a 280,000-square-foot West...

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09/13/16
The real estate arm of ASB Capital Management is looking for buyers for its nearly 190,000-square-foot Madison Avenue office building in Midtown, sources told The...

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09/13/16
...is the development site for sale, and in purple where Thor Equities proposed a mixed-use apartment building. (inset: Joseph Sitt)  From the...

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09/12/16
A member of the Mikati family is the latest official buyer at 432 Park Avenue with the purchase of a three-bedroom condo for $28 million....

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09/07/16
After raking in a $39 million salary last year, General Growth Properties CEO Sandeep Mathrani picked up a Lenox Hill co-op on Fifth Avenue, according...

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09/06/16
Urban Muse is looking to cash in on the reinvention of the Park Row corridor near City Hall Park. Tags: Financial District ...

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09/02/16
...Jimmy (credit: The James New York hotel) Joseph Sitt’s Thor Equities is in contract to buy the trendy James New York...

Mid market sales
08/29/16
...which he purchased in April for $12.1 million. 4.) Joe Sitt’s Thor Equities and Harbor Group International sold two commercial units at a...

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08/26/16
Jeff Sutton’s Wharton Properties has scored $195 million in new loans to refinance a newly developed retail building in Soho. Tags: jeff sutton, wharton properties...

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08/24/16
UPDATED, Aug. 26, 10:35 a.m.: Spark Labs, the media- and tech-focused co-working firm, is expanding its New York City footprint. The firm inked a 15-year...

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08/23/16
A judge will decide by the end of the month whether to enforce Wendy Maitland’s noncompete with Town Residential, which would effectively block her from...

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08/17/16
...From left: Kristin Luciano, Andrew Heiberger and Joe Sitt Thor Equities has hired away Town Residential's in-house attorney, less than a...

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08/15/16
...Wendy Maitland and Andrew Heiberger UPDATED, Aug. 15, 6:15 p.m.:Thor Equities...

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08/09/16
...Luxury fashion designer Tom Ford is taking the space at Thor Equities’ 680 Madison Avenue that a Qatari fashion brand bailed on last...

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08/05/16
A rapidly-evolving skyline like New York’s means the supply of Instagram-worthy locations is always being replenished. Soaring supertalls and glitzy retail spaces are inspiring locals and...

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08/05/16
Itzy Garay is the latest top gun to leave Town Residential. Garay, the company’s executive vice president of sales and leasing, had been a part...

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08/04/16
When CIM Group and Macklowe Properties wanted to add muscle to the sales effort at 432 Park Avenue, the developers brought in Douglas Elliman. Alchemy...

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08/02/16
...Joseph Sitt and 218 West 57th Street General Growth Properties and Thor Equities are waiting for the paint to dry on Nordstrom's new...

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08/02/16
...U.S. commercial real estate is still strong, according to Thor Equities CEO Joseph Sitt. (more&hellip...

feat
08/02/16
The man at the center of a New York City Police Department corruption scandal reportedly sabotaged efforts to sell units at the Apthorp by wasting...

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07/29/16
The sprawling penthouse that tops 212 Fifth Avenue almost wasn’t: The developers initially planned to split the condo unit and market it as two separate...

Heiberger-Sitt
07/27/16
A battle that threatened several times to tear apart Town Residential has finally reached a conclusion. Tags: Andrew Heiberger, joseph sitt, town residential ...

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07/25/16
Jason Karadus, one of Town Residential’s top-producing brokers, has left the firm amid speculation about a change in the company’s ownership. Karadus, who led sales...

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07/22/16
...Thor Equities is still looking for a tenant for its retail space...

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07/21/16
...so far include Douglas Elliman’s chairman Howard Lorber and Thor Equities’ Joseph Sitt, who tried to flip his contract on a...
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Thor Equities, Head, Capital Markets
25 West 39th Street, New York, NY
Larissa Belova is the head of capital markets at Thor Equities, a privately...
Thor Equities, Vice President
25 West 39th Street, New York, NY, 212-529-7424
Alexandra Frangos is the vice president of retail leasing at Thor Equities, a...
Thor Equities, Executive Vice President
25 West 39th Street, New York, NY, 212-529-5055
Melissa Gliatta is an executive vice president at Thor Equities, a privately held...
Thor Equities, Executive Vice President
25 West 39th Street, New York, NY
Alan Klein is an executive vice president at Thor Equities and co-head of...
Thor Equities, Executive Vice President
25 West 39th Street, New York, NY
Jonathan Scheinberg is an executive vice president at Thor Equities, a privately held...
Thor Equities, Managing Director
25 West 39th Street, New York, NY, 212-529-5544
Cory Elbaum is a managing director and co-chair of acquisitions at Thor Equities,...
Thor Equities, Director of Acquisitions
25 West 39th Street, New York, NY, 212 529 5055
Scott Sherman is the director of acquisitions at Thor Equities, a privately held...
Thor Equities, CEO
25 West 39th Street, New York, NY, 212 529 5055
Joseph Sitt is the CEO of Thor Equities, the privately held development and...
Thor Equities, Executive Vice President
25 West 39th Street, New York, NY, 212 529 5055
Jonathan Fishman is an executive vice president at Thor Equities and co-head of...
Brooklyn, 11231
THOR EQUITIES, THOR 280 RICHARDS LLC
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Manhattan, 10021
THOR 1231 THIRD AVENU
...
Manhattan, 10024
THOR-GO 120-125 RIVER
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Manhattan, 10025
THOR 526 WEST 111TH S
...
Manhattan, 10027
THOR 17 WEST 125TH ST
...
Manhattan, 10025
THOR 840 WEST END AVE
...
Manhattan, 10024
THOR-GO 150 WEST 82ND
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Manhattan, 10027
THOR 98 MORNINGSIDE A
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Manhattan, 10024
THOR-GO 120-125 RIVER
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Manhattan, 10025
THOR 838 WEST END AVE
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Manhattan, 10016
THOR 30 PARK AVENUE L
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Manhattan, 10013
Thor Equities, 11 GREEN STREET LLC
...
Manhattan, 10010
Madison Equities, 212 FIFTH AVENUE VENTURE LLC
...
Manhattan, 10012
560 ASSOCIATES, L.L.C
...
Manhattan, 10012
Wharton Properties|Aurora Capital Associates|Thor Equities|A&H Acquisitions, 529 BROADWAY HOLDINGS
...
Manhattan, 10065
Extell Development, AGE 680 MADISON LLC
Carlton House is a 68-unit residential cooperative building at 680 Madison Avenue and...
Manhattan, 10010
THOR 164 5TH AVE LLC
164 Fifth Avenue is a four-story, 19,000-square-foot Flatiron District office building owned by...
Manhattan, 10010
THOR 172 FIFTH AVENUE
172 Fifth Avenue is a six-story, 25-unit Midtown South building at East 22nd...
Manhattan, 10016
245 FIFTH OWNER LLC
245 Fifth Avenue is a 24-story, 307,418-square-foot office building at the corner of...
Manhattan, 10036
530 Fifth Avenue is a 26-story, 500,000-square-foot retail and office tower acquired in...
Manhattan, 10036
FIFTH AVENUE RETAIL P
562-564 Fifth Avenue are two adjacent buildings owned by Thor Equities, a privately...
Manhattan, 10036
THOR FIFTH AVENUE LLC
590 Fifth Avenue is a 19-story, 100,000-square-foot office and retail building owned by...
Manhattan, 10017
597 SCRIBNER LLC
597 Fifth Avenue, also known as the Scribner Building, is a 12-story building...
Manhattan, 10022
685 FIFTH AVENUE OWNE
685 Fifth Avenue is a 17-story, 115,300-square-foot office and retail building acquired in...
Manhattan, 10022
THOR 693 LLC
693 Fifth Avenue is an office-and-retail building owned by French billionaire Marc Ladreit de...

fifth-avenue
Fifth Avenue is not usually a New York City laggard, but it’s been a decade since a major development has gone up on the tony...

madison-avenue-ground-floor-chart-feature
The total amount of available ground-floor retail space along Madison Avenue has been growing in recent months, insiders said. “There are a lot of vacancies...

Ralph Herzka Roy March thumb
Two firms dominated the high-value commercial mortgage brokerage business in New York City last year: Eastdil Secured and Meridian Capital Group, an ...

top dev sites collage thumb
12/30/15
  Dreams of Manhattan condominiums dominated 2015’s top 10 development site deals. While Gary Barnett’s Extell Development – which is known for this sort of...

486-brooklyn-avenue
The market for big packages of multifamily buildings may have less sex appeal than the fancy condos adorning Billionaire’s Row, but the sector is going...

062_LawFirmRanking_FINAL.indd
A few years ago, law firms were cutting their payrolls and scrambling to refocus their practices on bankruptcies and restructurings. Indeed, the real estate law...

Nearly a third of the properties in the New Jersey town of Deal are owned by New York City real estate families. Source: Deal Borough property records.
It’s not news in this industry that the tiny Jersey Shore hamlet of Deal is a magnet for Syrian Jewish real estate moguls. But just...

Private-Equity-2
With competition for New York City real estate fiercer than ever, real estate-focused private equity funds are coming up with new strategies to pump up...

manhattan-retail
With Upper Fifth Avenue snatching back from Hong Kong’s Causeway Bay the title as the world’s most expensive retail district, aggressive bets made in Manhattan...

Midtown Manhattan
Newmark Knight Grubb Frank’s Paul Ippolito recently spent time touring properties with a technology company on the hunt for Manhattan office space. He showed the...

meatpacking
A view of the Meatpacking District, which, despite seeing an increase in foot traffic because of the High Line, has seen retail rents remain soft....

Canal Street
Shoppers jostle on a crowded Canal Street just west of Centre Street last month. Property owners are betting that Canal Street, long a mishmash of counterfeit...

Heiberger and Osher
Town Residential founder Andrew Heiberger (left) and Core founder Shaun Osher (right) Manhattan’s residential brokerage heavyweights are seeing the benefits of a recovering market, it seems....

636
The General Motors BuildingUpper Fifth Avenue (the portion between 49th and 59th streets) is the most expensive retail stretch in the world. However, it's not...

New York Office Leasing
Click to enlargeAs everyone knows, the Lehman Brothers bankruptcy and the economic chaos that followed wreaked havoc on the Manhattan commercial market. On the sales...

cmr-230
The grim national housing statistics delivered last month, which renewed fears of a second sharp decline in the overall economy, were not reflected in the...
Brooklyn, 11231
THOR EQUITIES, THOR 280 RICHARDS LLC
...
Manhattan, 10013
Thor Equities, 11 GREEN STREET LLC
...
Manhattan, 10010
Madison Equities, 212 FIFTH AVENUE VENTURE LLC
...
Manhattan, 10065
Extell Development, AGE 680 MADISON LLC
Carlton House is a 68-unit residential cooperative building at 680 Madison Avenue and...
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