19 Facts About Joseph Sitt

Joseph J Sitt was born on 1974 and is an American real estate investor, founder of the retail chain Ashley Stewart, and founder of global real estate company Thor Equities.

Joseph Sitt began working at a young age in flea market booths at the Aqueduct and Roosevelt racetrack parking lots in the New York City area.

At age 11, Joseph Sitt became interested in real estate when his only choice was to go to Manhattan to buy an Atari computer because he couldn't get one in Brooklyn.

In 2004, Joseph Sitt was profiled by Crains in its annual "40 Under 40" article, which reported that he had a 6 million square-foot portfolio worth nearly $750 million.

Joseph Sitt owns property in the United States, Canada, Europe, Russia, India and Latin America, with portfolio transactions and a development pipeline in excess of $10 billion and totaling more than 20 million square feet.

Joseph Sitt is the chairman and founder of the not-for-profit Global Gateway Alliance, which was created in 2012 to address the infrastructure challenges that New York metropolitan area airports face.

Joseph Sitt made an initial $1 million donation to start the group, which seeks to make New York's airports among the best in the world.

In May 2015, Thor Equities Group Chairman Joseph Sitt provided a $4 million donation to establish Coney Art Walls, an outdoor museum of street art curated by Mr Sitt and Jeffrey Deitch.

Joseph Sitt is an active board member of the Bedford Stuyvesant Restoration Corporation, one of the most respected community development organizations in the United States.

Joseph Sitt was instrumental in helping restore Restoration Plaza, the neighborhood's Town Square and the BSRC's main asset, and bringing to the area more retail options including its first family sit-down restaurant and supermarket.

Joseph Sitt is a managing director of Venetian Heritage, a not-for-profit organization that supports cultural projects through the conservation of Venice's historical and cultural institutions, and is Founder and Chairman of the Sephardic Heritage Museum.

Joseph Sitt is a frequent speaker and lecturer at various universities including Columbia University, New York University, Baruch, and Notre Dame.

Joseph Sitt serves on the board of the Real Estate Roundtable in Washington DC, the Department of Real Estate at Baruch College, and is a member of the Partnership for New York City.

Joseph Sitt has served on the boards of the Downtown Brooklyn Council economic development advocacy group, REBNY's Board of Governors, and as co-chairman of the Brooklyn Business Improvement District.

Joseph Sitt has spent much of his career in youth development and education, serving on the Boards of Brooklyn's TAB High School and Flatbush High School, leading a teen program and acting as an ongoing mentor and guidance counselor to Brooklyn youth.

Joseph Sitt was awarded the 2014 Ernst and Young Entrepreneur of the Year Award, and has been named by New York Observer in its annual list as one of the Most Powerful People in New York Real Estate.

Joseph Sitt was involved in a long-standing WhatsApp group chat from October 2023 through early May 2024 with some of the United States' most powerful business leaders with the stated goals of "chang[ing] the narrative" in favor of Israel and "help[ing] win the war" on US public opinion following Hamas's October 7th attack on Israel.

On October 27,2023, Joseph Sitt wrote in a message to the group that Israeli officials wanted to thank them for coming up with the idea of screening the film.

Joseph Sitt is a founding member of the Sephardic Community Alliance.