Real Estate Weekly excerpt -
(New York, New York) – New York City real
estate leader Joseph Sitt was named Entrepreneur of the Year at the EY
Entrepreneur Of The Year™ 2014 Awards gala last night at the Marriot
Marquis in New York City. Mr. Sitt currently serves as the Co-Founder
and CEO of TOWN Residential and Founder and CEO of Thor Equities.
Recognized as one of the world’s most prestigious business awards,
the Ernst and Young award honors distinguished entrepreneurs who
demonstrate widespread success, a commitment to innovation and forward
thinking, and unwavering passion for business.
“I am both honored and humbled to be chosen as an award winner by Ernst and Young,” said Joseph Sitt, Co-Founder and CEO of TOWN and Founder and CEO of Thor Equities.
“The level of competition in real estate is at an all-time high. Being
recognized as a leader in the industry is tremendously rewarding.”
Exhibiting an entrepreneurial spirit from a young age, Joseph Sitt
launched his first business venture, Thor Equities, while still an
undergraduate at New York University.
Today, Joseph Sitt heads up TOWN Residential, a tailored luxury
residential brokerage service and presides over a real estate
development and investment portfolio valued at over $5 billion and
totaling more than 15 million square feet. Mr. Sitt also serves as the
Chairman and Founder of the not-for-profit Global Gateway Alliance,
created in 2012 to address the infrastructure challenges facing New York
metropolitan area airports.