Trump Soho | The Real Deal New York

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Trump Soho

246 Spring Street
New York, NY 10013
(212) 207-6650
Hotel, Office, Retail, New Construction, Leasing/Rental, Other

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 CIM Group
  • developer CIM Group
  • owner entity BAYROCK/SAPIR ORGANIZATION LLC
  • architect HANDEL ARCHITECTS LLP
  • PLANS DISCLOSED 04/10/2006
  • dob permit issued 05/17/2007
  • tco issued 09/14/2009
  • DOB FILE PLANS 04/10/2006
  • DOB FILE Link
  • LIST/LAUNCH SALES 08/03/2007
  • floors 42
  • Year Built 2007
  • ag file plans 03/20/2006
  • AG FILE Link
  • commercial units 6
  • hotel units 400
  • total units 406
  • square feet 395,075
  • const. status Building Complete
  • block and lot 1-00491-7503
  • BIN 1088431

10/05/17
...was squashed in 2012. It involves buyers at the Trump Soho condo-hotel project, which was under construction at the time. They alleged they had been...

10/05/17
...From left: Cyrus Vance Jr., Marc Kasowitz and Trump Soho Manhattan District Attorney Cyrus Vance Jr. returned $32,000 in campaign contributions given to him by...

10/04/17
...told The Real Deal that sales for the Trump Soho condo-hotel project had hit 55 percent. In fact, according to a sworn affidavit by a...

10/04/17
...Trump Soho, Cyrus Vance Jr. and Marc Kasowitz Why did Manhattan District Attorney Cyrus Vance Jr...

08/28/17
...who heads the Bayrock Group which co-developed the Trump Soho. According to the Post, Cohen said he never heard back from Peskov and the...

07/22/17
...may be holding out for $3,000-a-square-foot takers at Trump Soho, but that same anti-price cut mentality does not necessarily exist at a number of...

07/20/17
...examining Russian purchases of Trump properties, including at Trump Soho, where three condos sales were reportedly a part of Kazakh money laundering scheme. FBI...

05/27/17
...Once a darling of the fast celebrity set, Trump Soho’s association with president Donald Trump and his controversial policies has tarnished its reputation...

05/25/17
...Trump Soho (Credit: Trump Hotels) The CIM Group, one of New York’s most active real...

04/30/17
...death of Koi, the upmarket Japanese eatery inside Trump Soho, was caused by forces that go  beyond the typical rent spike...

03/14/17
...Group, a development firm known for co-developing the Trump Soho, and also for being embroiled in several fraud scandals. The deal ultimately fell apart...

12/13/16
...in return for stakes in its properties like Trump Soho and the William Beaver House. CIM also took over a 49-percent stake in Sapir...

11/30/16
...They also pointed to Donald Trump’s long-troubled Trump Soho condo and hotel, which is out of character with the neighborhood. Supporters included Manhattan...

10/31/16
...at the Bayrock Group and Trump Organization’s Trump Soho sued the developers, claiming they were tricked into buying apartments through false sales updates...

10/13/16
...sold at the condo and hotel tower at Trump Soho – a matter that was also subject to a separate criminal investigation by the Manhattan...

09/23/16
...Trump Soho (credit: Trump Hotels) (inset from top: Donald Trump and Eric Schneiderman) Trump Hotel Collection...

08/01/16
...From left: Vladimir Putin, Trump Soho and Donald Trump Donald Trump attempted to build a luxury hotel in Soviet Moscow...

05/27/16
...From left: Donald Trump, Felix Sater and Trump Soho at 246 Spring Street Donald Trump’s involvement in Bayrock Group’s development of the...

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

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

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

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

01/23/16
...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 story from the January...

10/05/15
...recently. Behind the story: Trump Organization Donald Trump Trump Soho Trump Hotel Collection confirmed Monday that hackers gained access to payment systems at the...

08/07/15
...From left: Trump Soho Hotel, CIM founders Avi Shemesh and Shaul Kuba UPDATED, 3:23 p.m., August 7: The tax-assessed...

...potential condo conversion sites in the city; and Trump Soho. And as The Real Deal went to press, it was announced that CIM had...
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