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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. The Trump 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/developer CIM Group
  • floors 46
  • Year Built 2007
  • file ag plans 09/04/2015
  • commercial units 6
  • square feet 395,075
  • block and lot 1-00491-7503
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