Sitt’s Thor in $30M Contract For Harlem Rental

sittfinal1Joseph Sitt’s Thor Equities is in contract to buy a five-story rental property in Central Harlem for $30 million, The Real Deal has learned.

New Jersey-based Treetop Development is selling the 46,200-square-foot building at 17 West 125th Street. Treetop bought the property in 2013 for $13.6 million. Continue Reading →

Ashley Stewart in Harlem Files Chapter 11

ashlet stewart in HarlemWith two stores in Harlem the New Jersey-based plus-sized fashion retailer Ashley Stewart filed a voluntary petition under Chapter 11 on Monday in Newark that will allow the company to file for bankruptcy and restructure its financials. Continue Reading →