The Donald, Sapir mull bringing Trump Soho to Moscow

From left: Donald Trump and Moscow's St. Basil's Cathedral
From left: Donald Trump and Moscow's St. Basil's Cathedral

A replica of Bayrock/Sapir’s Trump Soho hotel may be Moscow’s first big new hotel in ten years.

Alex Sapir and Rotem Rosen of the Sapir Organization, co-developers on the Soho hotel at 246 Spring Street, met with Russian developer Aras Agalarov and Donald Trump over the weekend to discuss plans for the new project — Trump’s first in Russia.

“The Russian market is attracted to me,” Trump told Real Estate Weekly. “I have a great relationship with many Russians, and almost all of the oligarchs were in the room.”

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Trump told REW that he is in talks with Agalarov and three other groups, and that there is no rush on a timeline for the project. He also did not disclose the hotel’s planned height or square footage, saying only that “it has to be a large development, big enough to justify the travel.”

In the meantime, Rosen and Sapir have picked up several big office tenants at 260 and 261 Madison Avenue in recent months. [REW]Julie Strickland