Joseph Sitt’s Thor Equities and Barington Capital Group pitched a plan to lift Macy’s sagging stock, Bloomberg reported. Among Thor and Barington’s ideas include forming a separate real ...

Joseph Sitt is dealing with more foreclosure threats to his Manhattan retail portfolio. A limited liability company filed a lawsuit against Sitt this week alleging default on a loan of more than $ ...

The store closures are driven by cautious consumer spending due to inflation, higher interest rates and crushing levels of ...

Joseph Sitt, Thor Equities' CEO, allegedly defaulted on a more than $2 million loan on a commercial condo unit at 195 Bowery from now-defunct lending institution Signature Bank, according to a ...

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 ...

“The bottom line is there’s so much value to be tapped in the business and you have folks that aren’t thinking about the bigger picture to unlock all the value,” Thor Chairman Joseph Sitt ...

and real estate," said Joseph Sitt, chairman of Thor, and James Mitarotonda, chairman of Barington, in a joint statement. Barington said in the presentation that Macy's should look at publicly ...