Why SoHo?

Soho, located in lower Manhattan, is a bustling and historic neighborhood that is known for its high-end shopping, art galleries, and upscale dining scene. With its unique mix of commercial properties, competitive rental rates, and prime location, Soho has much to offer building owners and investors looking to invest in commercial real estate.

One of the key factors driving the growth of Soho's commercial real estate market is the area's unique mix of historic buildings and modern developments. Soho offers a range of commercial real estate options to suit a wide range of needs and budgets, with a mix of office, retail, and mixed-use properties. This has made it an attractive destination for businesses of all sizes and types, from small startups to established corporations.

Soho's location in the heart of lower Manhattan has also contributed to its popularity among businesses. The neighborhood is conveniently located near several major subway lines, including the A, C, E, N, Q, R, and W trains, and is a short walk from other major business districts, including the Financial District and Tribeca. This has made it a convenient location for businesses that require easy access to other parts of the city.

In addition to its commercial real estate options and prime location, Soho offers a range of amenities that make it an attractive place to invest in commercial real estate. The neighborhood is home to several world-famous shopping streets, including Broadway, Prince Street, and Spring Street, which draw visitors and shoppers to the area. Soho also offers a range of high-end restaurants, bars, and cafes, making it a popular destination for after-work dining and entertaining clients.

The commercial real estate market in Soho is both diverse and competitive. In quantitative terms, the neighborhood has experienced a steady increase in rental rates for both office and retail spaces, and a high occupancy rate, making it an attractive destination for investors. In qualitative terms, Soho offers a unique mix of high-end luxury and historic charm, making it a vibrant and desirable place for businesses to call home.

In addition to our investment sales services, we are also a valuable resource for building owners in SoHo. Feel free to reach out if you have questions about the current state of the market or would like a complimentary valuation on your asset.  We are constantly keeping tabs on potential changes to upcoming legislation and can be your "eyes and ears" on the ground. Our team is always available to answer questions, provide advice, and help building owners navigate the complexities of the commercial real estate market in SoHo.

For decades, SoHo has been synonymous with creativity, style, and sophistication. From its historic cast-iron architecture to its world-class dining and shopping, this neighborhood in lower Manhattan is one of the most sought-after places to live and work in the city. But beyond its well-known attractions, SoHo is also home to a number of exciting and innovative real estate developments that are reshaping the landscape of this iconic neighborhood. Here, we'll take a closer look at some of the largest real estate projects in SoHo, and explore what they mean for the future of this beloved community.

1. One Vandam: This luxury residential building features 25 apartments spread across 14 floors. The building's unique design incorporates a diagonal grid that creates dynamic views and maximizes natural light.

2. 10 Sullivan: Another luxury residential building, 10 Sullivan offers 33 units spread across 16 floors. The building features a striking façade of green terra cotta tiles and floor-to-ceiling windows.

3. 568 Broadway: This mixed-use development includes both commercial and residential space. The building features a cast-iron façade and includes 22 luxury condominiums and over 30,000 square feet of retail space.

4. 40 Mercer: Designed by renowned architect Jean Nouvel, 40 Mercer is a luxury residential building that features 40 units spread across 13 floors. The building includes a number of high-end amenities, including a 50-foot lap pool and a landscaped rooftop terrace.

5. The Dominick: Formerly known as the Trump SoHo, this luxury hotel and residential development includes 391 hotel rooms and 391 condominium units. The building features stunning views of the city skyline and the Hudson River.

As SoHo continues to evolve and grow, these real estate developments are playing a critical role in shaping its future. From transforming old industrial spaces into sleek modern residences, to building new commercial spaces that cater to the needs of the community, these projects are helping to create a vibrant, dynamic, and sustainable neighborhood that honors SoHo's unique history and identity. As we look ahead, it's clear that SoHo's real estate landscape will continue to evolve and adapt, but one thing is certain: this neighborhood will always be a symbol of creativity, style, and urban living at its finest.