Trump Soho has a new name

CIM rebrands tower "the Dominick"

TRD NEW YORK /
Dec.December 21, 2017 02:35 PM

Trump Soho (Credit: Getty Images)

On Thursday, the owners of Trump Soho ditched the President’s brand and renamed the property “the Dominick Hotel.”

The move comes after the hotel lost business over President Trump’s unpopularity among some former customers. Several NBA teams refused to stay at the property, The Hill reported. Los Angeles-based private equity firm CIM Group, which owns the hotel-condominium tower, previously signed a contract to drop its licensing deal with the Trump Organization.

CIM is paying the Trump Organization to walk away, the New York Times reported last month.

Originally developed by the Bayrock Group and the Sapir Organization, CIM took over the 391-unit building in 2014. [The Hill] Konrad Putzier 


Related Articles

arrow_forward_ios
Brookfield Asset Management CEO Bruce Flatt

“We underwrite every investment like we’re going to hit a recession”: Brookfield CEO

Cadre founder Ryan Williams and Allen Smith

Cadre brings on former Four Seasons CEO as president

AKS Capital Partners Managing Partners Aaron Appel and Walker & Dunlop CEO Willy Walker

Walker & Dunlop acquires Aaron Appel’s AKS Capital Partners

From left: Publisher and founder Amir Korangy, Editor-in-chief Stuart Elliott and VP of Corporate Development Yoav Barilan

TRD’s founders share war stories from over the years

As the years go by_A look back at 17 years of real estate history

A look back at 17 years of real estate history

250th Issue

The Real Deal celebrates 250 issues

Mayor Bill de Blasio, 40 Wall Street, and President Donald Trump (Credit: Getty Images, 40 Wall St. via the Trump Organization)

Trump Org blasts mayor for criminal referral of tax findings

Neir’s Tavern (Credit: Google Maps)

City’s oldest bar, of “Goodfellas” fame, gets last-minute lifeline

arrow_forward_ios
Loading...