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.

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 $ ...

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, 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 ...

“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 to $9 billion,” added Joseph Sitt, ...

"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 ...

Macy’s is shuttering dozens of locations, but that’s not necessarily a bad thing for the iconic department store chain’s bottom line. The company expects to generate $275M of revenue from ...