The Real Deal New York

Scott Sherman is the director of acquisitions at Thor Equities, a privately held real estate firm founded in 1986 by Joseph Sitt.

Sherman joined Thor as its acquisitions director in June 2010. Prior to joining Thor, he was senior associate of acquisitions at Becker Brothers LLC, a New York-based real estate investment and development firm, since April 2007. Among the properties that Sherman oversees on behalf of the company is Thors Florida portfolio.

Since joining the firm, Thor has acquired hundreds of millions of dollars in New York City real estate. For example, in June 2014, Thor teamed up with General Growth Properties and RXR Realty to buy 530 Fifth Avenue for $595 million; and teamed up again with GGP to buy 685 Fifth Avenue for $595 million. In July 2014, Thor Equities acquired 164 Fifth Avenue, a four-story, 19,000-square-foot Flatiron District office building near 22nd Street for $23 million.

-JC