News: Brokerage

Thor Equities leases 15,000 s/f building to Dolce & Gabbana at 155 Mercer Street, SoHo

Thor Equities has leased its entire 15,000 s/f building at 155 Mercer St. in SoHo to Dolce & Gabbana for the brand's flagship retail store, according to company executives. Originally built in 1855 as Firemen's Hall, the historical property was most recently home to dance performance venue the Joyce Theater. Dolce & Gabbana is recreating 155 Mercer's original brownstone façade. The four-level building includes 50 ft. of frontage on Mercer St. "As a leading luxury design house and fashion forward brand, Dolce & Gabbana is an ideal fit for the increasingly trendy Mercer St. corridor and surrounding SoHo neighborhood," said Joseph Sitt, CEO of Thor Equities. Located between Houston and Prince Sts., 155 Mercer is surrounded by SoHo art galleries, the trendy Mercer Hotel, and fashion retailers including Vera Wang, Prada, Marc Jacobs, Balenciaga, Marni and Versace. Thor Equities represented themselves in-house.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account