Joseph Sitt
Founder And Ceo
Thor Equities
Owner
25 West 39th Street New York, NY 10018 United States
Thor Equities NYC portfolio
$554.1 million -elevator 27%, condo 22%, office 18%; Manhattan 69%, Brooklyn 30%*
400th largest portfolio by dollar value
919,380 sqft – elevator 43%, condo 20%, office 13%; Manhattan 61%, Brooklyn 38%
518th largest by SF
34 properties – Manhattan 69%, Brooklyn 30%
278th largest
346 residential units – Manhattan 78%, Brooklyn 21%
765th largest by residential units
14 foreclosures, 0 bankruptcies, 13 other court cases.
Latest Stories:
• Thor Equities pays $6.6M for SoHo retail it bought in 2008 for $12M (April 09, 2026)
• Namdar pays $23.5M to Maverick for retail in Meatpacking District REO sale (February 12, 2026)
• Maverick acquires in auction Thor’s Meatpacking retail with $27M judgment (November 17, 2024)
• Thor loses two-story SoHo retail to lender in $8M foreclosure auction (August 19, 2024)
• Thor’s 440 Broadway in SoHo set for $10.7M foreclosure auction in July (June 04, 2024)
• Thor affiliate buys back 470 Broadway for $8.1 million (July 24, 2023)
• $13.25M pre-foreclosure filed against Thor Equities in SoHo (April 14, 2023)
• Maverick buys $25.5M note secured by Thor Equities Meatpacking retail (December 22, 2022)
Court Records:
