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Thor Equities

Negotiations ongoing to buy developer Joe Sitt’s huge Town Residential stake

An internal email from Town Residential CEO Andrew Heiberger makes clear the company’s intention to buy developer Joe Sitt out of his 50-percent stake in the agency. Sitt has been accused of starving the company of money and damaging its reputation.

Red Hook Will Get a Huge, Norman Foster-Designed Office Complex

Plans also call for the creation of publicly accessible waterfront esplanade, rooftop terraces, and a central courtyard. The offices will be spread out over two four-story buildings that will afford tenants views of the Statue of Liberty and Lower Manhattan.

Flatiron Tower With Industrial Past Debuts As Luxury Condos

Visit Coney Island's New Outdoor Street Art Museum

Former Williamsburg Salvation Army Site Finally Sells, for $36M

Madison Square Park's Next Office-to-Apartments Project Is On

Will This Enormous Mixed-Use Project Rise in Red Hook?

Conversions of the Future

A 920-Foot-Tall Hotel/Condo Tower May Rise on Fifth Ave.

Not-That-Ugly Gene Kaufman Building Finally Getting Built

Office Space

Despite History of Failure, Greene St. Site May Finally Rise

Inside Morris Adjmi's 'Twisty and Sexy' High Line Neighbor