Joseph Sitt risking foreclosure in Lower East Side
The lender behind 195 Bowery filed a lawsuit, alleging the Thor Equities chair defaulted on the mortgage for the commercial ...
Bisnow21h
Macy’s Expects $275M In Real Estate Sales This Year, Doubling Previous Prediction
“Macy’s board should create a separate real estate subsidiary to collect market rents from Macy’s retail operations and ...
Crain's New York1d
Thor Equities faces foreclosure at another Manhattan commercial property
The foreclosure action comes after Thor Equities in July lost a pair of Manhattan retail buildings following several missed ...
Daily Reporter1d
Investors pressure Macy’s to create real estate unit
Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate ...
Macy's activist investors want the retailer to make significant changes
Macy’s faces calls from a pair of activist investors to make a slew of changes at the department store chain. The activist ...
Joe Sitt among activist investors pushing Macy’s for a real estate play
Thor Equities and Barington Capital want the company to unlock retailer’s real estate portfolio, valued at an estimated $9 ...
Retail TouchPoints2d
New Activist Investor Pushes Macy’s to ‘Look to Dillard’s’ for Better Path Forward
Activist investor Barington Capital Group is pushing for significant changes to Macy's real estate and financial strategy.
Macy’s investor proposes changes
Activist investor Barington Capital Group is calling on department store retailer Macy's to develop an internal real estate ...
Activist investors want Macy’s to create a real estate unit
They said that Macy's shares are undervalued and that its real estate is worth between $5 billion and $9 billion.
Macy’s New Activist Wants Retailer to Create Real Estate Arm
Another activist investor is urging Macy’s Inc. to take drastic steps to boost its stock price. Barington Capital Group is calling on Macy’s to cut its capital expenditures, form a separate real ...