Tag: Thor Equities

'Thor Equities Buys Three Midtown NYC Buildings for $218 Million

Thor Equities, the famous New York City-based real estate company run by Joseph Sitt, has reportedly purchased three small office buildings in midtown New York City for a deal worth $218 million.

'Malkins to Go Ahead with the Empire State Building IPO Plan; Reject All Bids

After a lot of controversy, debate and delay on the decision to roll the iconic Empire State Building into a public real estate investment trust (REIT), Malkin Holdings LLC, the company that manages the building announced Friday that they will be proceeding with the Initial Public Offering (IPO) plan. They have rejected all the bids that were offered to buy the portfolio, according to several news reports.