Trump SoHo Breaking the Price Barrier
By Anthony Longo 1 06 2007
$2000 per square foot and you can’t even live in it year round! Gotta love NY!
Now that the long-awaited plans for Trump SoHo have finally been approved by the city, the next question is: How much are these suckers going to cost? Although the sales office has yet to open (the offering plan will be ready “imminently,” we’re told) and our requests for specific pricing information have been unsuccessful, the parties involved predict the numbers will be unprecedented below 14th Street.
“The demand is going to create a price point that will set the benchmark for pricing downtown,” says Shaun Osher of Core Group Marketing, which will be selling the hotel-condo units. “It will be well in excess of $2,000 a square foot.”
Though Donald Trump Jr. notes that “$2,000 a square foot doesn’t have the shock factor it used to” (especially to foreign buyers taking advantage of the weak dollar), that price point is still high compared to the new Hudson Square buildings a stone’s throw west of Trump SoHo. Continued…
Source: New York Post
For the same money of one of their high-end units, you could visit our SOHO fav – 25 Bond (with only one unit left). Also, visit other NY Condos and condo-hotels here.
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