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Mar 3, 2026 8:00 PM

Thor Equities Secures $16M Financing for 139 Fifth Avenue in NYC's Flatiron District

New York, NY, March 03, 2026 (GLOBE NEWSWIRE) -- Thor Equities Group, a global leader in urban real estate development, leasing, and management, announced today that it has closed on $16,000,000 in new financing from Northeast Bank for 139 Fifth Avenue in New York City's iconic Flatiron District. 

Located just steps from Madison Square Park, 139 Fifth Avenue is a premier mixed-use asset anchored by renowned American retailer, Abercrombie & Fitch. In addition to Abercrombie & Fitch, the property is occupied by a mix of fashion and creative tenants; and is also home to Allegion's showroom, the company behind brands including Schlage and Von Duprin. Situated between 20th and 21st Streets in the heart of the Flatiron District, 139 Fifth Avenue benefits from exceptional foot traffic, multiple transit options, and proximity to many ...