Nicolas Berggruen has purchased nine prewar mixed-use sites on a single block of Atlantic Avenue for $25 million, according to a deed that appeared in the city register Friday.

Joe Sitt’s Thor Equities defaulted on $51 million in CMBS debt tied to two mixed-use East Harlem buildings after ground-floor ...

An unknown buyer paid $25 million for nine adjacent townhomes at 525-541 Atlantic Avenue in Boerum Hill, a source said.

US department store chain Macy's has announced an uptick in its closure strategy, revealing plans to cease operations at 65 locations within a year of the December 2024 announcement - an increase on ...

Prolific real estate developer Thor Equities is at risk of losing another Manhattan property to foreclosure, court records show. The news comes months after the Midtown-based firm was forced to ...

The exact size of Barington’s hold in Macy’s is unclear. Barington partnered with real estate firm Thor Equities on its investment, according to a presentation for Macy’s shareholders.

Barington Capital Group and Thor Equities are clamoring for Macy’s to create a dedicated real-estate unit that could find ways to optimize the value of its luxury properties. “We invested in ...

Activist investor Barington Capital Group is calling on department store retailer Macy’s to develop an internal real estate subsidiary, reduce capital expenditures, and explore strategic options for ...

New York, NY, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Thor Equities Group, a global leader in urban real estate development, leasing, and management, today announced it has signed a lease with Nike ...

Macy’s is facing calls from a pair of activist investors to make a slew of changes at the department store chain. The activist investors, Barington Capital Group and Thor Equities, took issue ...

Activist investment firm Barington Capital Group and real estate development company Thor Equities have taken a stake in Macy’s Inc. and are… Get free access to tactical tips, invaluable insights, and ...