Morris Missry

Thor Equities

25 West 39th Street New York, NY 10018 United States

Thor Equities|Magen David Yeshivah|130 Green Street Partners LLC|TriState Equities NYC portfolio

$580.5 million* – condo 38%, elevator 24%, hotel 10%; Manhattan 54%, Brooklyn 45%

312th largest portfolio by dollar value

867,615 sqft – elevator 45%, condo 22%, office 8%;

390th largest by SF

32 properties – Manhattan 68%, Brooklyn 31%

239th largest

346 residential units – Manhattan 78%, Brooklyn 21%

619th largest by residential units

13 foreclosures, 0 bankruptcies, 10 other court cases.

Person Activity past 24 months:

Buyer signatory: 4 for $80.4 million

Seller signatory: 4 for $228.2 million

Borrower signatory: 1 for $58 million

Top Ten Associated People:

Matthew Percia (2), Steven D. Ferreira (1), Brian Doherty (1), Koonal Gandhi (1), Jack Moran (1), Justin Topilow (1), Charles Gaenslen (1), Dan Forrester (1), Jeffrey Goldberg (1), Arnold Shulkin (1)

Recent activity as signatory:

Thor Equities sold 541 Atlantic Avenue, 535 Atlantic Avenue, 533 Atlantic Avenue, 537 Atlantic Avenue, 539 Atlantic Avenue, and others, Boerum Hill, Brooklyn for $25 million to Berggruen Holdings and Firebird Grove on December 18, 2024.

Thor Equities sold 280 Richards Street, Red Hook, Brooklyn for $156.2 million to Terreno Realty Corporation on December 11, 2024.

TriState Equities sold 130 Greene Street, SoHo, Manhattan for $9.8 million to Caudalie on September 06, 2024.

Thor Equities borrowed $58 million from Prime Finance for 275 Park Avenue, Clinton Hill, Brooklyn on August 08, 2024.

Fairstead sold 275 Park Avenue, Clinton Hill, Brooklyn for $58.5 million to Thor Equities on August 08, 2024.

Magen David Yeshivah sold 7801 Bay Parkway and 7815 Bay Parkway, Gravesend, Brooklyn for $37.2 million to Success Academy Charter Schools on June 18, 2024.

LNR Partners and Series 2012-C6 sold 470 Broadway, Little Italy, Manhattan for $8.1 million to Thor Equities on July 07, 2023.

Matthew Percia sold 1905 Mcdonald Avenue and 1911 Mcdonald Avenue, Gravesend, Brooklyn for $11.5 million to Magen David Yeshivah on June 26, 2023.

Matthew Percia sold 1915 Mcdonald Avenue, Gravesend, Brooklyn for $2.3 million to Magen David Yeshivah on June 26, 2023.

Thor Equities borrowed $0 from Maverick Real Estate Partners for 446 West 14th Street, Meatpacking District, Manhattan on November 09, 2022.

Latest Stories:

• Berggruen Holdings, Firebird pay $25M to Thor for 9 rentals in Boerum Hill (January 06, 2025)

• Terreno Realty pays $156.2M to Thor Equities for industrial in Red Hook (December 19, 2024)

• Maverick acquires in auction Thor’s Meatpacking retail with $27M judgment (November 17, 2024)

• Retailer Caudalie pays $9.8M to TriState Equities for retail in SoHo (September 12, 2024)

• Thor Equities pays $58.5M to Fairstead for 75-unit rental in Clinton Hill, gets $43M loan (August 16, 2024)

• Success Academy pays $37.2M to Magen David for school in Gravesend (June 25, 2024)

• Thor affiliate buys back 470 Broadway for $8.1 million (July 24, 2023)

• Magen David Yeshivah pays $13.8M for Gravesend development site for new high school (June 28, 2023)

• Maverick buys $25.5M note secured by Thor Equities Meatpacking retail (December 22, 2022)

• Thor Equities signs $10M refi loan with EquiTrust for 45-unit rental in Morningside Heights, down from $25M (December 20, 2022)

*The Portfolio Value is a PincusCo estimate based on a property’s recent sale or loan, or multiplying the city’s Market Value by two.

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