clock menu more-arrow no yes mobile

Filed under:

Trump Soho Foreclosure Imminent?

New, 3 comments

The Real Deal reported in August that the likely outcome at Trump Soho is a foreclosure on the building's debt and another party taking control of the condo-hotel. We've picked up the occasional rumor that this has, in fact, happened, but a Crain's feature J-Vanka says not yet, but maybe soon: "One insider says it's likely that lenders will foreclose on the hotel, which is being built by the Sapir Organization and Bayrock Group and managed by the Trumps. So it's possible that the first project closely associated with Ms. Trump may fail." Closely associated? Oh, right. [Crain's]

Trump Soho

246 Spring Street, New York, NY 10013