NEW YORK CITY—In their second residential joint venturepartnership, Thor Equities and GreenOak have bought a pre-warrental apartment building at 150 W. 82nd St. for $41.5million.


The seller was Maurice Mann of Mann Realty Associates. Thebrokers on the deal were Aaron Jungreis of Rosewood Realty and AmiEfrati of Entrepreneur Properties.


Built in 1926, the ten-story property is located betweenColumbus and Amsterdam avenues and includes 50,000 square feetspread across 59 units..


“We are very excited to add another tremendous Upper West Siderental property to our growing portfolio,” says Thor Equities' AlanKlein. “We firmly believe in the long-term value inherent in thisvibrant and historic, supply-constrained community.”


Thor's Joe Sitt launched the residential division in October 2013 and partneredwith Alan Klein and Jonathan Fishman to spearhead the group. Theyhave since bought or contracted to purchase five properties on theUpper West Side, including 120-125 Riverside Dr., which closed inMarch for $85 million in partnership with GreenOak.

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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.