Joseph J. Sitt

Joseph J.  Sitt
Board Member
Joseph J. Sitt is the President and Chief Executive Officer of Thor Equities—a forward-thinking national real estate development and redevelopment company that specializes in value-added investments in shopping centers, malls and mixed-use urban developments in the United States, Puerto Rico, and Mexico. He serves as Chairman and Managing Principal of the Thor Urban Property Funds whose investors include pension funds, investment banks, college endowments, and foundations. Formerly, Mr. Sitt founded the women’s clothing retailer Ashley Stewart and quickly grew the company to over 380 stores in more than 100 cities, prompting many national retailers to pay attention to the inner city market. He is also frequent guest lecturer at colleges around New York City including Columbia, NYU, and Baruch College and is an active board member in various non-profits including The Bedford Stuyvesant Restoration Corporation and King’s Highway BID and has been honored by the Initiative for a Competitive Inner City (ICIC) for his commitment to fostering healthy competitive business conditions and new opportunities in inner city neighborhoods.