Thor drops $56M on NoMad office, retail building
It’s proving to be a busy week for Joe Sitt’s Thor Equities. The firm purchased the retail and office building at 1165 Broadway in NoMad from David Haddad for $56 million, the Commercial Observer reported. The deal for the 58,000-square-foot property breaks down to $965 per square foot. The building at the intersection of Broadway and 27th Street is fully occupied, according to Thor. Office tenants include footwear brand Christian Louboutin and music publisher Primary Wave, while cosmetics company Aesop occupies retail space. Thor’s chief operating officer Melissa Gliatta, in a statement, called the property “a compelling opportunity to […]
This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Where does New York’s development pipeline go from
here?

The problem with Mamdani’s tenant takeover plan

How new dev is transforming the UES

Meg Ryan sells Bridgehampton home to Broadway
producer

Gary Barnett eyeing $3.8B loan for UWS supertall
project

Legion Investment Group, SMA Equities partner on new UES
resi development

Floyd Mayweather drops lawsuit against Jona Rechnitz

Climbing mortgage rates widen NYC’s buyer divide

The Correction Will Get Even More Severe | Sept. 2026
Housing Market Update

You’ve Got a 100% Financing Deal. Do You Take It? (Rookie
Reply)


