Thor Equities
25 West 39th Street New York, NY 10018 United States
People:
Thor Equities portfolio
$234.9 million – elevator 28.0%, condo 23.0%; Manhattan 69.0%, Brooklyn 30.0%
249th largest portfolio by dollar value
867,615 sqft – elevator 45.0%, condo 22.0%;
365th largest by SF
38 properties – Manhattan 68%, Brooklyn 31%
119th largest
346 residential units – Manhattan 78.0%, Brooklyn 21.0%
472th largest by residential units
10 foreclosures, 0 bankruptcies, 8 other court cases.
Company Activity past 24 months:
Buyer company: 2 for $66.6 million
Seller company: 7 for $227.6 million
Borrower company: 1 for $58 million
Lender company: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Denali Management (3), LNR Partners (2), Maverick Real Estate Partners (2), SL Green Realty (2), Acadia Realty Trust (2), Trans World Equities (1), 496 Broadway Fee Owner LLC (1), Algin Management (1), NorthEast Bank (1), Chestnut Commercial (1)
Top Ten Associated People:
Dan Forrester (1), Doris Shen (1), Brian Doherty (1), Richard T. Reczka (1), Ben Rieder (1), Arnold Shulkin (1), David Fry (1), A. Brad Feine (1), Niral Shah (1), Steven D. Ferreira (1)
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)
• Thor loses two-story SoHo retail to lender in $8M foreclosure auction (August 19, 2024)
• Thor Equities loses retail in NoHo to lender, following $8.5M foreclosure (July 16, 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)
Litigation: