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Trump Soho

246 Spring Street
New York, NY 10013
Hotel, Sales
Trump Soho
Trump Soho is a 46-story condo-hotel at 246 Spring Street in its namesake neighborhood in downtown Manhattan. TheTrump Organization, the Sapir Organization and the Bayrock Group developed it at a cost of approximately $450 million. Completed in 2010 after four years of planning and construction, the tower includes 391 units that owners may not occupy for more than 29 days in a 36-day period or for more than 120 days annually. At other times, the owner may rent out the unit as a hotel suitethus the condo-hotel nature of the Trump Soho, one of the first of its kind in New York City. The towers development and sales were not without controversy. A construction accident in 2008 killed one worker and injured three others. In late 2011, several buyers sued the developers, claiming deceptive sales practices; the lawsuits were eventually settled, with a majority of the plaintiffs deposits returned. California-based CIM Group acquired the property in 2015 through the foreclosure process.
  • Address 246 Spring Street
  • neighborhood Soho
  • borough Manhattan
  • owner CIM Group
  • DOB FILE LINK Link
  • floors 46
  • Year Built 06/29/1905
  • ag file plans 09/04/2015
  • commercial units 6
  • square feet 395,075
  • block and lot 1-00491-7503
  • BIN 1088431
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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...

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05/26/16
...UPDATED, 10:20 a.m., May 27: In the latest controversy surrounding the Trump Soho and developer Bayrock Group – as well as the presumptive GOP...

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04/14/16
...From left: Tate George, Trump Soho and Michael Chu'di Ejekam UPDATED, April 15, 7:32 p.m.: The Bayrock...

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04/06/16
...Donald Trump, Felix Sater and Trump SoHo The Donald Trump document load from decades of civil lawsuits...

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03/14/16
...From left: Trump Tower, 100 Central Park South and the Trump Soho, with Donald Trump (credit: Gage Skidmore/Flickr) “I don’t...

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01/23/16
...t ignoring their hometown, where they’re selling the 45-story Trump Soho, whose 400 hotel-condos are 60 percent sold after 15 months. See the full...

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10/05/15
The Donald’s been hacked – and you may have been as well, if you stayed at one of his hotels recently. Tags: Donald Trump, trump...

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08/07/15
...From left: Trump Soho Hotel, CIM founders Avi Shemesh and Shaul Kuba UPDATED, 3:23 p...

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07/27/15
...Donald Trump and the Trump Soho at 246 Spring Street Donald Trump may have been more involved...

02/16/15
...map charts gangs of New York territory 5. Orthodox man sues Trump Soho for turkey sandwich snafu...

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02/15/15
...The Trump Soho and a turkey sandwich The Trump Soho is in trouble again, but this time it’s for...

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01/28/15
...From left: the Trump Soho Hotel and Donald Trump Owners of the Trump Soho are...

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12/19/14
New York’s real estate community said goodbye in 2014 to several pioneering developers and agents who helped to shape the city’s skyline. But the year...

11/24/14
...land and development rights worth $110M for $1 3. CIM Group wins Trump Soho in bankruptcy auction 4. Harry Macklowe to convert FiDi office tower...

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11/21/14
...From left: Donald Trump and the Trump Soho CIM Group, a real estate investor, has won a foreclosure...

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09/29/14
Tamir Sapir, a Soviet émigré who made his fortune bartering fertilizer and oil in the 1980s and invested in New York City commercial real estate...

09/18/14
...New York buildings that no longer exist 4. Lender to put Trump SoHo hotel up for sale 5. Condo prices at Ian Schrager's Public...

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09/16/14
...From left: the Trump Soho Hotel and Donald Trump The Trump Soho is reportedly being sold. CIM Group, one of the lenders...

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07/25/14
...for just under $6,000 per month. And a pad at the Trump Soho at 246 Spring Street can set a buyer back as much...

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03/17/14
A former consultant for the real estate development firm the Bayrock Group has filed a $5 million civil lawsuit, accusing one-time Bayrock executive Jody Kriss...

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02/12/14
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New York City real estate can sometimes feel like a blood sport, with a host of rivals vying to get the upper hand. Luckily, here...

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Manhattan-based brokerage BOND New York is jumping on the Bitcoin wagon. The firm will now accept the burgeoning online currency as payment for real estate...

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Online apartment search marketplace RentHop will accept payment in Bitcoin from landlords and brokers advertising New York City rental apartments, the startup announced today. To...
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CIM founders (left to right): Richard Ressler, Shaul Kuba and Avi Shemesh The principals of the Los Angeles-based private equity firm the CIM Group know a...
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