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
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

Hunt CRE question and answer: Choosing a real estate agent - by David Hunt

First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt

Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
The art of investing in real estate - by Thomas Donovan

The art of investing in real estate - by Thomas Donovan

Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for