Joe Sitt risking foreclosure on Lower East Side
The lender behind 195 Bowery filed a lawsuit, alleging the Thor Equities chair defaulted on the mortgage for the commercial ...
Joe Sitt among activist investors pushing Macy’s for a real estate play
Thor Equities and Barington Capital want the company to unlock retailer’s real estate portfolio, valued at an estimated $9 ...
Crain's New York5d
Thor Equities faces foreclosure at another Manhattan commercial property
The foreclosure action comes after Thor Equities in July lost a pair of Manhattan retail buildings following several missed ...
Macy's activist investors want the retailer to make significant changes
Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist ...
Retail TouchPoints6d
New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward
Activist investor Barington Capital Group is pushing for significant changes to Macy's real estate and financial strategy.
Fox Business5d
Macy's activist investors want the retailer to make significant changes
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 Investors Call On Macy’s To Spin Off Bloomingdale’s And Bluemercury. Maybe It’s Time.
Activist investors called on Macy's Inc. to make sweeping changes, including exploring strategic alternatives for ...