London. In its latest move, the New York-based firm led by Joseph Sitt sold a 98,000-square-foot office building it … Thor Equities owns prime real estate in cities throughout Europe, Latin America and the United States such as London, Madrid, Paris, Milan, Mexico City, New York, Miami and San Francisco. THOR EQUITIES LLC LTD was incorporated 4 years ago on 02/06/2015 and has the registered number: 09618401. The accounts status is DORMANT and accounts are next due on . In New York City, Thor owns retail, office and residential properties on Fifth Avenue and Madison Avenue as well as in SoHo, Flatiron, the Meatpacking District, and Brooklyn including Coney Island. [34], Thor bought the historic Palmer House Hilton Hotel in Chicago's Loop area in 2005 for $230 million and undertook an award-winning $150 million renovation. [12], Thor also created an investment platform tailored to institutional investors. [29], Thor owns a large portfolio of Brooklyn properties located in Brooklyn Heights, Cobble Hill, Boerum Hill, Downtown Brooklyn, Williamsburg, and Red Hook. Joseph Sitt’s Thor Equities sold its logistics portfolio in the United Kingdom for £303 million, or about $415 million. [20][21] In 2016, Thor's hospitality division debuted the Thompson Playa del Carmen, a boutique hotel in Playa del Carmen, Mexico. View the profiles of professionals named "Ting Ting Chen" on LinkedIn. Recent Posts. In 2015 and 2016, Thor expanded its European holdings with the acquisition of 9 Puerta del Sol and 11 Puerta del Sol in Madrid, and 26 Via della Spiga in Milan. The venture's first project was a full block high-end retail development along Playa del Carmen's Quinta Avenida. The announcement of the division comes in conjunction with the acquisition of industrial property in The Netherlands, a core location for green fulfilment and logistics in Europe, as well as the appointment of Managing Director of Europe and Head of Logistics Acquisitions, David Hunt-Cuadrado. Thor Equities is a real estate development, leasing and management firm, with headquarters in New York City, London and Mexico City. In 2012, Thor acquired a major retail property at 65 Boulevard de la Croisette in Cannes, France. In May, a joint venture between Thor Equities and Meyer Bergman sold London’s Burlington Arcade for $406.5 million (£300 million), to a private investor. Email. [51][52] In 2007, Harvard professor Michael Porter and the Initiative for a Competitive Inner City (ICIC) honored him for his commitment to fostering healthy competitive business conditions and new opportunities in inner city neighborhoods. View Map > [32] The building was to be the tallest tower in Brooklyn. On November 11, 2009, Sitt reached a deal with New York City to sell part of his 12.5 acres (51,000 m2) of land in Coney Island for $95.6 million so that the city and Thor could jointly redevelop Coney Island, completing the three-year negotiation. While Thor protected mankind and cities from monsters and demons, Joseph Sitt envisioned himself as a protector of cities from urban blight. [citation needed], In May 2015, Thor Equities unveiled Coney Art Walls, a public art wall project curated by former director of the Museum of Contemporary Art (MOCA) Jeffrey Deitch and Thor CEO Joseph Sitt. To learn more about Thor Equities, contact us. [22], Thor is a major retail property owner on New York's Fifth Avenue and Madison Avenue. [15] Thor's London assets also include 145 Oxford Street, 105-109 Oxford Street, 1 Dover Street, and Bond Street House at 14 Clifford Street. Ashley Stewart sold modern and fashionable clothing to women. 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