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 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.


06/06/18
...for The Real Deal, Brown Harris Stevens, and Thor Equities) Ceruzzi Properties and SMI USA are on the hunt for a development partner at...

06/05/18
...building is owned by General Growth Properties and Thor Equities. 8) Chick-fil-A, 711 Lexington Avenue, Plaza District - 12,000 square feet The restaurant chain signed a lease...

06/04/18
...closings at 212 Fifth Avenue, a condo conversion by Thor Equities, Madison Equities and Building and Land Technology. (Gold, who came in at No. 8 with...

...closings at 212 Fifth Avenue, a condo conversion by Thor Equities, Madison Equities and Building and Land Technology. (Gold, who came in at No. 8 with...

05/14/18
...blame on Town’s backer, Joseph Sitt of Thor Equities. The two sparred publicly in 2013 and 2014 over a failure to meet certain financial targets...

05/11/18
...Amsterdam Avenue, Larry Cohen’s 229-unit conversion. In 2016, Thor Equities picked up 71 sponsor units at the Apthorp condo building for $120 million. Cheshire Group and...

05/08/18
...property at 204-206 Bedford Avenue. Joe Sitt’s Thor Equities is in contract to buy a development site from the Salvation Army for $36 million...

04/02/18
...million. Madison Equities, Building and Land Technology and Thor Equities condominium redevelopment of 212 Fifth Avenue notched the week’s second-priciest contract: a 4,155-square-foot unit...

03/27/18
...Partners, New York-based Helm Equities, the Gindi family, Thor Equities and David Edelstein’s TriStar Capital. Dacra vice president Anna Williams said that Miami...

03/26/18
...Mathrani and 685 Fifth Avenue (Credit: Getty Images and Thor Equities) One of the biggest real estate mergers in years is nearing the finish line...

03/26/18
...for Shawmut Design and Construction in New York, Thor Equities in Miami and, more recently, spent a year working for RKF, also in Miami...

03/23/18
...to take 17,500 square feet of retail space at Thor Equities’ 135 East 125th Street in Harlem.  — Kathryn Brenzel...

03/14/18
...m. March 15: Premier Equities and Joseph Sitt’s Thor Equities have filed plans for a new residential building at 1299 Third Avenue on the Upper...

03/14/18
...buy the condo at 412 West 14th Street from Thor Equities for $88 million. The renewed interest in pure-play retail properties follows a year in which...

03/08/18
...expand their customer base.” Melissa Gliatta, COO of Thor Equities, said that offering job flexibility is also key. Gliatta said that after having her...

03/07/18
...to 46,000 square feet about two blocks away at Thor Equities’ 180 Livingston Street. Newmark Knight Frank’s Whitten Morris, who handles leasing at the building...

...buy the condo at 412 West 14th Street from Thor Equities for $88 million. The renewed interest in pure-play retail properties follows a year in which...

02/27/18
...hit when it sold the James Hotel to Thor Equities for $66.3 million, far less than the $83 million it paid in 2013. UBS Realty put its...

02/27/18
...seller, is threatening to leave its space at Thor Equities...

02/27/18
...Central Park. It was also recently hired by Thor Equities to run the James New York hotel in Soho. In all, it currently either...

02/26/18
...Kassirer recently went into contract for Rockwood and Thor Equities...

02/26/18
...Joe Sitt and Jeff Menard Joseph Sitt’s Thor Equities hired Mitsui Fudosan veteran Jeff Menard to head its North America acquisition team, the...

02/22/18
...Mathrani and 685 Fifth Avenue (Credit: Getty Images and Thor Equities) Joe Sitt’s Thor Equities lost most of its interest in three Manhattan retail-and-office...

02/20/18
...company is close to inking a deal at Thor Equities and Premier Equities’ 63 Greene Street, Women’s Wear Daily reported. Hermès will reportedly...

02/16/18
...retail space at 180 Bedford Avenue in hipster village. Thor Equities is the landlord of the building. 5) Church Street School for Music and Art, 41 White...
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...
  • Event Office Leasing
  • Address 245 Fifth Avenue
  • Unit 24th
  • Neighborhood NoMad
  • Borough Manhattan
  • Square feet 9,100
notes
The commercial services has renewed its lease for an additional 5 years.
  • Event Retail Leasing
  • Address 875 Washington Street
  • Unit 2nd Fl
  • Neighborhood Meatpacking Disctict
  • Borough Manhattan
  • Square feet 3,707
  • Price per foot $ 90.00
notes
The leading on-demand meeting space provider signed a lease.
  • Event Retail Leasing
  • Address 92 Rivington Street
  • Neighborhood Lower East Side
  • Borough Manhattan
  • Square feet 700
  • Price per foot $ 155.00
notes
The new eatery signed a lease for the 700 sf of ground floor space in the Lower East Side building.
  • Event Retail Leasing
  • Address 92 Rivington Street
  • Neighborhood Lower East Side
  • Borough Manhattan
  • Square feet 800
notes
Chamusca is a Japanese/Sushi restaurant.
  • Event Office Leasing
  • Address 245 Fifth Avenue
  • Neighborhood Nomad
  • Borough Manhattan
  • Square feet 9,100
notes
The consulting firm expanded and renewed its lease.
  • Event Retail Leasing
  • Address 164 Fifth Avenue
  • Neighborhood Flatiron
  • Borough Manhattan
  • Square feet 17,600
  • Publication Date 04/01/2017
  • Event Date 02/15/2017
  • Party 1 Thor Equities
  • Party 2 Alo Yoga
notes
The LA-based women's yoga clothing brand signed a long-term lease for the entire four-story office and retail property.
  • Event Office Leasing
  • Address 530 Fifth Avenue
  • Neighborhood Grand Central
  • Borough Manhattan
  • Square feet 34,000
notes
The entertainment and media company expanded its lease.
  • Event Financing
  • Address 127 East 125th street, 132 East 26th streett
  • Neighborhood Flatiron
  • Borough Manhattan
  • Price $ 55,000,000
  • Publication Date 05/01/2017
  • Event Date 02/03/2017
  • Party 1 Thor Equities
  • Party 2 Deutche Bank
notes
The corporation secured a refi of $55 million, consolidating a new $10.1 M loan with their previous loan of $44.9 million.
  • Event Sales
  • Address 292 Atlantic Avenue
  • Neighborhood Boerum Hill
  • Borough Brooklyn
  • Square feet 7,500
  • Price $ 10,300,000
notes
The mixed-use multifamily and retail building was sold for $10.3 million.
  • Event Financing
  • Address 155 Mercer Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 18,120
  • Price $ 0
  • Publication Date 01/01/2017
  • Event Date 11/17/2016
  • Party 1 Wilmington Trust
  • Party 2 Thor Equities
notes
The partners secured a $41 million acquisiton loan for its retail property.
  • Event Office Leasing
  • Address 545 Madison Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 7,114
notes
The televison retailer renewed its lease on the 18th and 19th floors.
  • Event Office Leasing
  • Address 597 Fifth Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 6,370
notes
The financial company signed a lease on the 5th floor.
  • Event Sales
  • Address 180 Bedford Avenue
  • Neighborhood Williamsburg
  • Borough Brooklyn
  • Square feet 14,500
  • Price $ 30,000,000
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 Salvation Army
  • Party 2 Thor Equities
notes
The property sold for $30 million.
  • Event Retail Leasing
  • Address 135 East 125th Street
  • Neighborhood Harlem East
  • Borough Manhattan
  • Square feet 17,500
  • Publication Date 11/01/2016
  • Event Date 09/15/2016
  • Party 1 Thor Equities
  • Party 2 Modell's Sporting Goods
notes
The sporting goods store signed a lease.
  • Event Retail Leasing
  • Address 158 Franklin Street
  • Neighborhood Tribeca
  • Borough Manhattan
  • Square feet 3,800
notes
The lighting fixture retailer signed a 10-year lease.
  • Event Office Leasing
  • Address 25 West 39th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 20,000
notes
The co-working firm signed a 15-year lease for the entire 14th floor.
  • Event Sales
  • Address 125 Greene Street
  • Neighborhood SoHo
  • Borough Manhattan
  • Square feet 3,400
  • Price $ 12,600,000
  • Price per foot $ 3,706.00
notes
The retail co-op sold for $12.6 million.
  • Event Financing
  • Address 529 Broadway
  • Neighborhood SoHo
  • Borough Manhattan
  • Price $ 195,300,000
notes
The company secured a $195.3 million loan.
  • Event Retail Leasing
  • Address 680 Madison Avenue
  • Neighborhood Midtown East
  • Borough Manhattan
  • Square feet 12,300
  • Publication Date 09/01/2016
  • Event Date 07/15/2016
  • Party 1 Thor Equities
  • Party 2 Tom Ford
  • Party 2 Brokerage JLL
notes
The super high-end designer signed a lease.
  • Event Office Leasing
  • Address 590 Fifth Avenue
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 13,370
notes
The medical center signed a lease.
  • Event Sales
  • Address 218-222 West 57th Street
  • Neighborhood Midtown West
  • Borough Manhattan
  • Square feet 30,941
  • Price $ 81,500,000
  • Price per foot $ 2,634.00
notes
The landmarked building sold for $81.5 million.
  • Event Financing
  • Address 127 East 125th Street|132 East 126th Street
  • Neighborhood East Harlem
  • Borough Manhattan
  • Square feet 108,000
  • Price $ 44,900,000
  • Price per foot $ 415.00
notes
The company secured a $44.9 million loan.
  • Event Retail Leasing
  • Address 424 Broome Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 4,100
notes
The custom suit company signed a lease.
  • Event Sales
  • Address 213-219 West 116th Street
  • Neighborhood Harlem
  • Borough Manhattan
  • Square feet 40,000
  • Price $ 23,400,000
  • Price per foot $ 585.00
notes
The building sold for $23.4 million.
  • Event Sales
  • Address 306 Bowery
  • Neighborhood NoHo
  • Borough Manhattan
  • Square feet 6,700
  • Price $ 8,200,000
  • Price per foot $ 1,223.88
notes
The building sold for $8.2 million.
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172 Fifth Avenue is a six-story, 25-unit Midtown South building at East 22nd...
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07/11/16
...compiled by Property Shark. The second biggest was Thor Equities...

...from General Growth Properties and Joseph Sitt’s Thor Equities, which held onto the valuable retail space at ground level. GGP and Thor bought...

...Qela, which in 2014 announced plans to move into Thor Equities’ 680 Madison — actually never moved in. That space was returned to the market where it...

...as A&E Real Estate Management and Thor Equities. All in the family Eastdil, which also dominates New York City’s investment sales...

12/30/15
...like Ziel Feldman's HFZ Capital and Joseph Sitt's Thor Equities. And while the outer boroughs failed to place, Manhattan – at least the expensive parts...

...sell the 24-building package to Joseph Sitt’s Thor Equities, which signed a “soft” contract in January 2015 for about $800 million. Thor backed out this...

...of the ground-floor retail condo there in 2013, to Thor Equities. Lean and mean Not everyone is in extreme expansion mode. For some, the last...

...Chera as neighbors. Sitt Joe Sitt — CEO of Thor Equities, co-owner of Town Residential and founder of the Ashley Stewart clothing store — owns 71 Ocean...

...ranking. Of the total, the three largest funds, Thor Equities, Blackstone Group and Callahan Capital Properties, have invested more than $2 billion apiece in New...

...than its dealmaking rivals such as Ashkenazy Acquisition, Thor Equities and Jeff Sutton’s Wharton Properties. Vornado Realty Trust ($2.57B) Vornado, the large REIT...

Midtown Manhattan
...and Downtown, with the exception of 51 Astor and Thor Equities’ 55,000-square-foot 837 Washington Street in the Meatpacking District. As for tenant mix, they say that...

...real estate circles, such as Joseph Sitt’s Thor Equities, Ronald Burkle’s Yucaipa Companies and Robert Cayre’s Aurora Capital. By far the...

...thoroughfare. For example, Joe Sitt, the CEO of Thor Equities, an active buyer in prime shopping districts like Fifth Avenue and Broadway, told The...

...late 2010. With financial backing from Joe Sitt of Thor Equities, Town has lured brokers with perks like health insurance reimbursement and concierge services for...

...Takashimaya Building) Address: 693 Fifth Avenue (Takashimaya Building) Landlord: Thor Equities Tenant: Forever 21 Lease status: Short-term Size: 5,462 sq. ft. on the ground floor (part of...

...the New York Capital Markets Group at Cushman. Thor Equities...

...Michael Thomas, also of Colliers, represented the landlord, Thor Equities, while the tenant, Bootstrap Software, was represented by Tricia Rosen of Rosen & Jacobs...
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685 Fifth Avenue is a 115,330 square foot building built in 1926 in...
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