Tag archive for ‘Thor Equities’
Noam Meir On Wednesday, November 4th, 2020

Joseph Sitt’s Thor Equities Months Late on $105 Million Loan

Joseph Sitt’s Thor Equities is having trouble making debt payments these days. According to a report in The Real Deal, the firm has not made its payments on a $105 million loan for two months now. UBS Real More...

News Brief On Thursday, February 11th, 2016

Thor unloads Design District properties: $128.3 Million

  Less than three years after it began assembling a war chest of properties in Miami’s Design District, Thor Equities has just sold eight sites to Redsky Capital and David Zalaznick’s JZ Capital More...

News Brief On Wednesday, December 16th, 2015

VIDEO: Sitt calls commercial real estate market a “utopia”

  A growing number of observers reckon the real estate market is heading for a correction in 2016, but Joe Sitt and Don Peebles are having none of that. Peebles, head of the Peebles Corporation,  More...

Joseph Sitt Buys Paris Building that’s Home to Nightclub ‘Le Queen’

Joseph Sitt‘s Thor Equities has purchased the home of Le Queen, one of Paris’s most renowned nightclubs, at 102 Avenue des Champs-Elysées. The Financial Times reports Thor paid $76 million. The More...

Noam Meir On Thursday, February 5th, 2015

Joseph Sitt Pays $45 million for Retail Space at 470 Broome

Joseph Sitt’s Thor Equities has bought lower floors of 470 Broome St. in Manhattan’s Soho neighborhood for $45 million. The retail area has 19, 000 square feet of commercial condominium space over two four More...

Noam Meir On Wednesday, January 28th, 2015

Thor Equities Sells 212 Fifth Ave for $260 Million

Joseph Sitt’s Thor Equities has closed two new major deals. It has acquired a NoMad property from Extell Development located at 212 Fifth Avenue in Manhattan for $260 million in partnership with Madison Equities More...

Noam Meir On Wednesday, January 14th, 2015

Thor Equities Makes $42 Million Retail Acquisition in Manhattan

  Joseph Sitt’s Thor Equities has put down $42.3 million for a retail co-op space on Manhattan’s Upper East Side located at 1114-1120 Madison Avenue, The Real Deal has reported. The retail space in More...

Gil Tanenbaum On Wednesday, December 10th, 2014

Thor Equities Buys Manhattan Apartment Building for $181 Million

Joseph Sitt’s Thor Equities has acquired 30 Park Avenue in Manhattan’s Murray Hill section for $181 million, according to a report in The Real Deal. A drab brown structure located between East 36th and More...

Gil Tanenbaum On Tuesday, November 11th, 2014

Joseph Sitt and Diane von Furstenberg behind $12 Million Venice Ghetto Renewal

Thor Equities CEO Joseph Sitt and the designer Diane von Furstenberg are spearheading the fundraising effort for the $12 million renovation of the historic Venice Jewish Ghetto. The two lead the Venetian Heritage More...

Tibi Singer On Tuesday, October 21st, 2014

Joseph Sitt Picks Up 3 Williamsburg Properties to Cobble Retail Project

Joseph Sitt’s Thor Equities has purchased three Williamsburg properties for an estimated $17.8 million, with the idea of turning the site combined into a 10, 000-square-foot retail development, the Commercial More...

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