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Trump Soho almost there

The controversial Trump Soho condo-hotel at Spring and Varick Sts. will open in February, nearly four years after developers first announced the ambitious high-rise project.

The glass-paneled, 42-story building - which has weathered protests from neighborhood preservationists over its size and operation, lawsuits from local civic organizations and the death of a construction worker at the site in early 2007 - is slated to debut on Feb. 1, said Julius Schwarz, executive vice president of Bayrock Group, the project's co-developer along with the Trump and Sapir organizations.

"We're moving full speed," he said of hitting the target opening date. "Everyone's very excited."

The building’s in-house restaurant, Quattro, and bar spaces will also be up and running by the opening, but other portions of the building - like the spa center - might have to wait a bit longer, Schwarz added.

"We're by far and away being booked at a higher percentage than any other hotel," he said, citing figures he's gathered from online hotel booking agencies. "That should bode well for the future."

Trump Soho also recently launched a new Web site, trumpsohohotelcountdown.com, featuring Trump scion Ivanka offering a come-hither stare and encouraging would-be guests to enter a contest for the chance to win a free two-night stay at the skyscraper.

As for the number of units sold in the building - which residents can only stay in 120 days per year, and no more than 29 days straight - Schwarz referred to recent statements by the developers putting the high-rise at about 55 percent sold.

"We still have some contracts that are coming in, but the velocity has certainly slowed," he acknowledged of sales at the building, which has boasted prices as high as $3,000 per square foot. "I do expect after opening the velocity is going to pick up again. I think it's going to create quite an impression on people."

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Previously in the News

May 17, 2011
Travel + Leisure listed TRUMP SOHO™ NEW YORK
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April 8, 2011
At one year old, the Trump SoHo™ is still rockin
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March 21, 2011
Trump SoHo's 11 New Designer Penthouses
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May 7, 2010
TRUMP SOHO™ NEW YORK TO BEGIN CLOSINGS
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April 21, 2010
Trump SoHo Now Open
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October 21, 2009
Trump SoHo To Open February 1,2010
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October 20, 2009
Trump SoHo Hotel Countdown
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October 19, 2009
Trump Soho almost there
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July 7, 2008
The Sapir Organization Signs 5,648 sq. ft. Lease at 261 Madison Avenue with UBE America, Inc.
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June 25, 2008
The Sapir Organization Signs 98,175 sq. ft. Lease at 11 Madison Avenue For Global Headquarters of WPP's Enfatico
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June 12, 2008
The Sapir Organization Announces Energy Management Initiatives
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November 27, 2007
Tamir Sapir Named Honorary Chairman of Anniversary Awards Dinner from New York Association for New Americans
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July 18th, 2007
The Sapir Organization Announces the Signing of 35,091 Square Foot Lease with HQ Global Workplaces at 260 Madison Avenue
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July 17th, 2007
The Sapir Organization to Install Wall Street Journal Office Network in Four Premier Manhattan Properties
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June 26th, 2007
The Sapir Organization Announces the Signing of 4,876 Square Foot Lease Extension at 261 Madison Avenue
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April 24th, 2007
The Sapir Organization Announces Appointment of CBRE as Leasing Agent for all the Company's Properties
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November 2nd, 2006
Tamir Sapir Wins over $28 Million in Unprecedented Court Judgment from Russian Federation
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July 7th, 2006
Donald J. Trump & Bayrock/Sapir Organization, Llc Announce the Launch of Trump Soho Hotel Condominiums New York
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July 6th, 2006
The Sapir Organization Announces Appointment of Cushman & Wakefield As Property Managing Agent
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May 31st, 2006
Alex Sapir Appointed President of the Sapir Organization
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April 21st, 2006
Tamir Sapir Receives Torch of Honor Award from New York Association for New Americans
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