Lois Weiss

Lois Weiss

Real Estate

Joseph Sitt to buy three Midtown buildings for $218M

Between The Bricks now hears that busy Joseph Sitt of Thor Equities is in contract to buy three Midtown buildings from Samson Management for $218 million.

The deal includes the small office buildings at 24 W. 40th St. on Bryant Park, 45 W. 45th St. and 145 W. 45th St., which each have ground-floor retail.

They total 320,000 square feet.

Samson co-founder and real estate great Arnold Goldstein passed away in January.

Calls to Samson and to Sitt were not returned before press time.

Sources say Sitt is now talking to investors and raising equity to reposition the trio toward tenants in media and technology, sectors that are looking for buildings with modern bones.