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
A guide to finding the right NYC property management company - by Sanjay Gandhi

A guide to finding the right NYC property management company - by Sanjay Gandhi

Being a small to midsize landlord in NYC is an increasingly demanding endeavor. From navigating complex regulations, increased compliance demands to dealing with tenant issues and remediating violations. It is wise to enlist the assistance of a partner, a professional
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
Positive forecast for New York’s pro-housing push? - by Philip Butler

Positive forecast for New York’s pro-housing push? - by Philip Butler

New York’s housing crisis remains a hot button topic despite growing consensus that varied and affordable housing is desperately needed statewide. Governor Hochul has recently introduced several initiatives to overcome N.Y.’s anti-housing
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.