Joseph Sitt’s Thor Equities has missed two months of payments on a loan tied to the Charles Scribner’s Sons Building in Midtown, the latest in a series of setbacks for the prolific retail real estate investor. Thor is now 60 days delinquent on a $105 million loan tied to the property at 597 Fifth Avenue, according to Trepp, which provides data on CMBS loans. Thor modified its loan on the 80,000-square-foot building in May and
source https://therealdeal.com/2020/11/03/thor-delinquent-on-105m-loan-at-597-fifth/
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