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Thor Equities 5th Avenue For Sale

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Don’t forget you can visit MyAlerts to manage your alerts at any time. 597 Fifth Ave. NEW YORK CITY—Real estate development and services firm Thor Equities has hired brokerage firm Avison Young to help oversee its New York City.

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A small piece of real estate giant SL Green’s extensive Fifth Ave. retail portfolio is hitting the block. real estate kingpin Joe Sitt of Thor Equities has a triple-net lease through 2025, generating $1.23 million in annual income.

based V.K. began in 1996. Thor equities buys mall: New York-based Thor Equities said it has acquired a large neighborhood shopping center at 159th Street and Kedzie Avenue in south suburban Markham from Oak Brook-based.

The owners of 685 Fifth Ave. have quietly put the property up for sale for as much as $500 million. The 20-story building—which is about 140,000 square feet, according to real estate database CoStar—is held by a partnership.

Joseph Sitt, chief executive of Thor Equities, which owns real estate worldwide including many Fifth Avenue shops, said the effect has been especially pronounced for retailers just a bit further south of Trump Tower, past the tightest security.

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The imminent $595 million sale of 530 Fifth Ave. marks the latest milestone in the avenue’s upward trajectory south of 49th Street. As first reported Thursday on nypost.com, a partnership led by Joseph Sitt’s Thor Equities has a “hard”.

Brokerage firm Colliers International has been named the exclusive leasing agent for 245 Fifth Avenue, a Midtown South building co-owned by The Moinian Group and Thor Equities. Prospective tenants will also have the option of leasing up.

Developed in 1964, Macomb Mall was one of the early enclosed malls in the Detroit area. Located at Gratiot Avenue and Masonic near I-94. in 1985 and 1999 before the mall was sold to Thor Equities in 2004. Thor’s financial difficulties.

ERA Real Estate is an arm of Realogy Holdings Corp. Delray property sells for $4.1 million New York-based Thor Equities says it paid. Realty handled the $2.5 million sale of an 8.5-acre site along Palm Avenue in Miramar. Reichel said.

The Gulaylar Group, the U.S. real estate development arm of a Turkish jewelry company, is suing a joint venture between General Growth Properties and Thor Equities.

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“About 10 times more,” said Robert Gladstone, the chief executive of Madison Equities, which is converting the 1912 neo-Gothic commercial building at 212 Fifth Ave. into condos designed by Pembrooke & Ives and Helpern Architects, in.

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Home to one of the priciest penthouses in the city, 212 Fifth Avenue is currently in the midst of a transformation. residence here spanning 10,000 square feet. Madison Equities along with Thor Equities and Building and Land.

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The deal for the 500,000-square-foot building at 530 Fifth Ave. is expected to close in mid-September, sellers Rockwood Capital, Jamestown, Murray Hill Properties and Crown Acquisitions said in a statement today. Thor Equities LLC,

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He said that Aritzia’s new Fifth Avenue store would occupy 13,000 square feet on the basement and first floors when it opened in November. Joseph J. Sitt, chief executive of Thor Equities, said he planned to demolish 516, 518 and 520.

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Recent high sales include the $41.5 million real estate investment firm Thor Equities. Ave. this spring and three more sales ranging between $22 million and $27 million, said Devlin Marinoff, managing director of Whitehall Realty who also.

Instead, the building was demolished — and this Friday, Thor Equities purchased the property for $30. 2016 Brooklyn Retail Report listed North Williamsburg’s Bedford Avenue as the fifth priciest retail corridor in the U.S. (No. 1 was.

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Across the country, retailers have been wounded by competition from Amazon and other internet sales sites, prompting caution in opening new stores, be it in the suburbs, in SoHo or on Fifth Avenue. estate firms like Thor Equities, 60.

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The Gulaylar Group, the U.S. real estate development arm of a Turkish jewelry company, is suing a joint venture between General Growth Properties and Thor Equities.

My penultimate pick is General Growth Properties (GGP), who along with Thor Equities LLC and RXR Realty LLC, announced it June that it had acquired 530 Fifth Ave., a 500,000 square-foot office and retail building for $595 million.

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