Joseph Sitt’s Thor Equities has scored a new tenant at the former home of the 9/11 Tribute Center.
The Pilecki Institute, a Polish research and cultural organization, signed a 15-year lease for 35,000 square feet in the retail condo at 88 Greenwich Street, Thor said in a statement. The asking rent was $60 per square foot.
The retail condo is in the Greenwich Club Residences, a 37-story building with 452 units. Sitt joined with Andrew Heiberger’s Buttonwood Development to buy the building in 2005 for around $200 million and converted it into condos.
In 2014, Sitt bought out Heiberger’s ownership in the 50,000-square-foot commercial condo, paying $12.5 million for the 50 percent stake. (Three years later, Sitt tried to sell the property for $52 million.)
Other tenants in the retail condo include 7-Eleven, Dunkin Donuts and pet groomer Lucky Paws. Regular Coffee is also preparing to open early this year.
This will be the Pilecki Institute’s first location outside of Europe.
The institute’s decision “underscores the importance of having a presence in the New York City market,” Thor’s Melissa Gliatta said.
The 9/11 Tribute Museum closed its doors in 2022 after a decade and a half. It had been at the Greenwich Street location for five years.