Joseph Sitt, the founder of the global real estate firm Thor Equities, is the secretivebuyer of Brooklyn’s priciest residential property last year.
The $11.6 million house is in Gravesend, the seat of the Syrian Jewish community that Sitt was born into and to which he still belongs. The house is 5,000 square feet, and its price was pushed up by its proximity to several local synagogues. Sitt already lives in Gravesend, and the New York Post claimed he bought the home merely for tax purposes.
This story "Syrian Jewish Businessman Snags Priciest Home in Brooklyn" was written by Daniel J. Solomon.