Deal sheet    Single Deal
138 Lafayette Street|Sales|09/22/2007
  • Event Sales
  • Building Name Holiday Inn Soho
  • Address 138 Lafayette Street
  • Price $ 128,600,000
  • Borough Manhattan
  • Neighborhood Soho
  • Publication Date 11/01/2007
  • Deal 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).
Loading...