NEW YORK CITY—Thor Equities, in partnership with RockwoodCapital, has acquired a pre-war rental apartment property at 838West End Ave. The price of the deal was not disclosed but reliableindustry sources put the deal at approximately $67 million, orabout $971,014 per unit.
“More than ever, the Upper West Side remains the classic NewYork City neighborhood with stunning architecture, great parks,fine dining and more,” says Joseph Sitt, CEO of Thor Equities. “838West End Ave is a trophy pre-war property and is the quintessentialUpper West Side apartment building.”
Situated on the corner of 101st street, 838 WestEnd—one of the few rental properties on the avenue—includes 108,000gross square feet and 70 units. It features large apartments andarchitectural character. Steven Vegh, presidentof Westwood Realty Associates, was the exclusive brokeron the deal.
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Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
