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real estate

Trump Soho Sued

Despite its spectacular views and tasty restaurant, the Trump Soho is largely empty. This is problematic, as buyers of the condotel's suites were promised that "30, 40, 50, 60 percent or more sold," when in fact, as of May, only 15 percent of the units had been sold. So fifteen duped buyers are suing developers the Sapirs and name-lenders (slash marketers) the Trumps: Donald, Donald Jr., Eric, and Ivanka. Maybe when the tower's luxury spa opens everyone will just chill out.

Fifteen Buyers File Lawsuit Against Trump SoHo Project [NYT]

Related: The Zone-Skirting Scheme and Shadowy Businessmen Behind the Trump Soho [NYM]

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