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Former Extell CEO snaps up Scarsdale retail hub from Saks Global
April 30, 2026
Posted 1 hour ago by
A former Extell Development executive is getting in on the Saks Global selloff. Sagehall, a fund managed by one-time Extell chief executive officer Sush Torgalkar, purchased the property at 750 White Plains Road in the New York City suburb of Scarsdale for 80 million, the Commercial Observer reported. The deal for the 200,000-square-foot retail property breaks down to 400 per square foot.
The property was home to a Saks OFF 5th, which closed earlier this year as the parent company worked through bankruptcy, a process that remains ongoing. The deal for the property closed roughly three weeks ago. The property []This article originally appeared on The Real Deal. Click here to read the full story.
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