The lender behind 195 Bowery filed a lawsuit, alleging the Thor Equities chair defaulted on the mortgage for the commercial ...
Thor Equities and Barington Capital want the company to unlock retailer’s real estate portfolio, valued at an estimated $9 ...
The foreclosure action comes after Thor Equities in July lost a pair of Manhattan retail buildings following several missed ...
Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist ...
and real estate," Barington’s James Mitarotonda and Thor’s Joseph Sitt said in a press release. Mitarotonda and Sitt said they "believe that operating improvements at Macy’s, coupled with ...
Activist investor Barington Capital Group is pushing for significant changes to Macy's real estate and financial strategy.
"Macy's owns valuable and well-located real estate assets—led by its flagship property at Herald Square in New York City—that we believe are worth between $5-$9 billion," Thor chairman Joseph ...
Key Takeaways Barington Capital Group and Thor Equities called on Macy's to create a real estate subsidiary and limit its ...
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