Soho | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
Soho

Soho
New York, NY 10002
Soho
Soho is one of Manhattans archetypal 20th century gentrification stories. As has been well documented, the neighborhood which stretches south of Houston Street to Canal Street and is bounded by West Broadway to the west and Lafayette Street to the east went from being a haven for artists in the 1960s and 1970s to one of the citys priciest neighborhoods, where loft spaces were particularly prized. At the end of 2004, The Real Deal reported that the average price of an apartment in Soho had reached $1.56 million, up from $417,000 a decade earlier. By 2006, the neighborhood, along with Tribeca, had the highest average rents in the city. Owing to zoning and landmark restrictions, there wasnt a great deal of new development in Soho during the condo boom of mid-2000s. One of the most notable and controversial projects was the 46-story Trump Soho, a condo-hotel where prices eclipsed $8.7 million as early as summer of 2011. The neighborhood has also become known for its many retail offerings: On Broadway, large retailers such as H&M and Aldo have increasingly occupied storefronts, while on side streets many high-end independent boutiques have set up shop. -GB
  • Address Soho
  • neighborhood Soho
  • borough Manhattan
CANCEL
Subscribe to download data from The Real Deal's research site.
WHY SUBSCRIBE? SUBSCRIBE

CANCEL
To register, please enter your email and choose a password with at least six characters.


renzo feature
07/06/16
...Renderings of 100 Varick Street (565 Broome St.) in Soho (inset: Renzo Piano) For anywhere between $1 million and $20 million, New...

07/05/16
...Christopher Street in the West Village and 117 Varick Street in Soho. 3.) Brooklyn-based landlord Frey Management picked up a 60-unit multifamily building...

homepolish-founder-noa
07/02/16
Sweetgreen — the salad spot with a cult following for its fresh, seasonal, and locally-sourced meals — has grown considerably over the past six years....

Untitled-13
07/01/16
...York City sales offices -- at Rockefeller Center and in Soho -- will remain open. (more&hellip...

TRDSMALLnew
06/30/16
...Adam Levine (credit: NBC) and 112 Greene Street in Soho From Luxury Listings NYC: Less than three months after listing...

Untitled-2
06/30/16
...Spring Street The developers of a stalled Soho condominium at the former home of the Beastie Boys’ Adam...

Gladstone 45 Broad
06/29/16
The developers of the proposed supertall condominium at 45 Broad Street are projecting a sellout of $624.4 million, according to an offering memorandum for construction financing...

feature
06/27/16
Spanish fast-fashion mogul Amancio Ortega’s Ponte Gadea purchased a 205-key hotel at 70 Park Avenue for $67.6 million, according to city property records. The seller was...

Dolce-Gabbana-Sohofbox
06/24/16
...Helen Hwang Three years after shelling out $27 million for a Soho retail building, Joseph Sitt’s Thor Equities is selling 155 Mercer...

MLDNY-feature
06/17/16
The men of “Million Dollar Listing New York” are on the brink of losing their listings (and at times, their minds) on this week’s episode....

456-Washington-from-West
06/13/16
From the June issue: After experiencing an incredible run-up in prices over the last five years, the NYC luxury rental market may be finally hitting...

Dolce-Vita-43-MercerFbox
06/09/16
...Mercer Street in Soho Dolce Vita, the fashion-footwear brand owned by shoe shah Steve...

manhattanfeature
06/09/16
...Clockwise: 390 Clinton Street in Carroll Gardens, 284 Lafayette Street #4A in Soho and 46-30 Center Boulevard #1411 in Hunters Point The number of...

420 West Broadway ft
06/08/16
...From left: 420 West Broadway in Soho and Mick Jones (credit: Abdoozy via Wikipedia) He penned some...

via 57 thumb
06/08/16
From the June issue: After experiencing an incredible run-up in prices over the last five years, the NYC luxury rental market may be finally hitting...

75-KenmareFbox-
06/06/16
DHA Capital has scored a $100.5 million construction loan for 75 Kenmare Street, its new condominium project in Nolita. The firm, led by Dan Hollander...

RPW 275
06/06/16
Robert Weisz’s RPW Group is in contract to acquire a 44-story office tower at 275 Madison Avenue from RFR Holding for north of $270 million,...

300 East 46th small
06/06/16
Rockpoint Group and 60 Guilders are looking to sell the leasehold on a 180-unit Turtle Bay rental building at 300 East 46th Street, sources told...

olshanfbox
06/06/16
Luxury buyers inked contracts at 24 pads priced at $4 million and up, according to Olshan Realty’s weekly residential market report. The dip, attributable to...

Cubes
06/02/16
Pandora Jewelry signed a 20-year lease for a new store at the base of Salesforce Tower New York, the 41-story office tower formerly known as...

Joseph Jeff Sutton
06/01/16
The apple doesn’t fall far from the tree, although sometimes not exactly under it. ...

Denton apartment small
05/31/16
...for publishing his sex tape? Maybe renting out your fancy Soho apartment is a start. (more&hellip...

Fredrik-Feature
05/27/16
On this week’s episode of “Million Dollar Listing New York,” our three heroes make one thing clear — they’re willing to do anything to get...

trump-soho-investigation
05/27/16
...From left: Donald Trump, Felix Sater and Trump Soho at 246 Spring Street Donald Trump’s involvement in Bayrock Group...

trumptaxfeature
05/26/16
...a.m., May 27: In the latest controversy surrounding the Trump Soho and developer Bayrock Group – as well as the presumptive GOP...
To see all, go to Advanced Search
  • Event Sales
  • Building Name Holiday Inn Soho
  • Address 138 Lafayette Street
  • Neighborhood Soho
  • Borough Manhattan
  • Price $ 128,600,000
  • Publication Date 11/01/2007
  • Event Date 09/22/2007
  • Party 1 Highgate Holdings
  • Party 1 Brokerage Cushman & Wakefield
  • Party 2 The Procaccianti Group
notes
The Rhode Island-based real estate developer/hotelier acquired the hotel for $128.6 million. The seller, who had previously announced plans to convert the property into a boutique hotel, originally paid $42.5 million for it in 2005. The Procaccianti Group also purchased the 300-room Tudor Hotel at the United Nations for an undisclosed amount (see below).
  • Event Retail Leasing
  • Building Name Soho 25
  • Address 25 West Houston Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 2,100
  • Publication Date 11/01/2005
  • Event Date 09/22/2005
  • Party 1 Metropolitan Housing Partners
  • Party 1 Brokerage CBRE
  • Party 1 Broker David LaPierre
  • Party 2 I Truli
  • Party 2 Brokerage Lansco Corporation
  • Party 2 Broker Roger Eulau, Matt Cohen
notes
Wine retailer takes space.
  • Event Retail Leasing
  • Building Name SoHo Co-op building
  • Address 106 Spring Street
  • Neighborhood Soho
  • Borough Manhattan
  • Square feet 4,600
  • Publication Date 03/01/2005
  • Event Date 01/20/2005
  • Party 1 Brokerage Newmark Grubb Knight Frank
  • Party 1 Broker Amira Yunis, Daniel Cooper
  • Party 2 Burton Snowboards
  • Party 2 Brokerage CBRE
  • Party 2 Broker Robert Gibson, Jedd Nero
notes
First retail store outside of Vermont hq, Post reported

retail-feature
05/20/16
From the May issue: Retail leasing picked up last month in prime parts of Manhattan but still remains below the monthly average for the last...

madison-avenue-ground-floor-chart-feature
The total amount of available ground-floor retail space along Madison Avenue has been growing in recent months, insiders said. “There are a lot of vacancies...

office-tenants-feature
01/26/16
The top 25 office tenants in Manhattan take up more than 56 million square feet of space, and JPMorgan Chase occupies more of it than any...

Market-Peak-feature
Hindsight is a precious thing, but foresight may be easier on the bottom line. In the wake of the 2008 financial crisis, it was easy...

feature-scorecard-image
09/22/15
From the September issue: Retail tenants avoided the city’s priciest stretches in the past six months, instead striking deals in up-and-coming areas. Meanwhile, office leasing...

Nearly a third of the properties in the New Jersey town of Deal are owned by New York City real estate families. Source: Deal Borough property records.
It’s not news in this industry that the tiny Jersey Shore hamlet of Deal is a magnet for Syrian Jewish real estate moguls. But just...

NYC Condo Filings 2015 large ft
07/21/15
Gary Barnett’s plans for 250 South Street may have gone through several revisions, but one thing is for sure – the Two Bridges/Chinatown development is the...

June-DOB-New
07/07/15
From affordable housing to skyscraper megaprojects, Queens nabbed the spotlight for the majority of large residential projects filed in June with the Department of Buildings....

top-agents-feature
In the high-stakes world of Manhattan real estate, agents tend to fall into two camps — those brokering sales in glitzy new condo buildings and...

office-sharing
In New York City’s shared-office world, there is WeWork and Regus, and then there is everybody else. That’s according to The Real Deal’s ranking this...

042_RisingStars_FINAL.indd
They’ve brokered billions of dollars in deals, broken records, and launched companies. And they’ve all done it all in a cutthroat and unforgiving industry that’s...

Screen Shot 2015-03-01 at 12.48.03 PM
For more than two decades, China’s most populated city, Shanghai, has experienced a building frenzy unlike any other: Developers have built office buildings in the...

manhattan-retail
With Upper Fifth Avenue snatching back from Hong Kong’s Causeway Bay the title as the world’s most expensive retail district, aggressive bets made in Manhattan...

Midtown Manhattan
Newmark Knight Grubb Frank’s Paul Ippolito recently spent time touring properties with a technology company on the hunt for Manhattan office space. He showed the...

038-040 Biggest dev site gambles se FINAL.indd
It’s no secret that prices for both luxury condos and development sites are surging in Manhattan. Land prices in Manhattan’s most popular neighborhoods have doubled...

064, 066 Highest grossing retail se FINAL.indd
The crush of tourists — often standing five deep at crosswalks in Times Square, Herald Square and on Fifth Avenue — may be frustrating to...

may-2014-cover-for-mag
The strength of the Manhattan luxury market is continuing to buoy some of the city’s largest and most established firms, The Real Deal’s annual ranking...

Top Residential Firms May 2013
Against the backdrop of Manhattan’s severe inventory shortage, the borough’s largest firms are working to leverage a new crop of condos and high prices in...

CMT-575
The recent sale of a hulking, three-block-long office building straddling the border of Soho and the Meatpacking District may provide relief to tenants priced out...

Biggest Deals
Click to enlarge Typically, investment sales deals are ranked by the sale price, but that emphasis hides the figure that real estate players truly care about...

chart-3-575
The robust growth of Internet companies in Manhattan has spurred a feeding frenzy of pitching, cold-calling and client poaching among brokers hoping to profit from...

Hotels
Roosevelt Hotel Hotel owners may award 2012 five stars. That’s because in the last year, Manhattan’s hospitality market has posted huge gains as tourists continued...

meatpacking
A view of the Meatpacking District, which, despite seeing an increase in foot traffic because of the High Line, has seen retail rents remain soft....

One WTC
Click to enlarge Despite the excitement and anticipation of finding a new office space, corporate relocations always come with risk. There is the chance of signing...

Canal Street
Shoppers jostle on a crowded Canal Street just west of Centre Street last month. Property owners are betting that Canal Street, long a mishmash of counterfeit...
To see all, go to Advanced Search

Market Reports
Asking retail rents are up year-over-year in 11 retail submarkets, while six areas saw a decrease in rents. Soho, where rent averages $556 per square...

Cushman & Wakefield
Foreign brands made up 39 percent of retail stores in Soho, and along Fifth and Madison avenues. Soho tops the list as the most diverse...

ABS Partners
Brookfield Place’s reopening in the later half of March 2015 brought over 250,000 square feet of new retail space to Lower Manhattan. Notable retail leases signed in...

MNS
Rent prices in Manhattan were up 2.4 percent in January, compared to the previous month, according to a monthly report from MNS. The average cost for a...

REBNY-Retail-Spring-2014
“Manhattan’s retail leasing market remained vibrant through the first quarter of 2014. Strong interest in prime corridors and the repositioning of other corridors resulted in strong market conditions....

REBNY-Retail-Fall-2014-FB
“The leasing market for Manhattan retail space has maintained its strength, bolstered by strong demand and additional retail spaces coming on the market in new mixed use developments....
MENU