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August 27, 2010
The real estate speculators who started large condo projects at the height of the bubble continue to struggle. The Wall Street Journal is reporting that the Trump SOHO is discounting prices by 25% to boost slumping sales. Previously, it was reported that the prices of housing sales in the Battery Park City region saw one of the biggest decreases in the entire city.
BatteryPark.TV recently got an exclusive look at the yet to be opened outdoor pool area of the Trump SoHo and we were disappointed. The pool is very small and more of a large hot tub. The “pool” of the new Standard Hotel is also extremely small. It is not clear what zoning or building laws prohibit proper sized pools atop New York skyscrapers.
The “pool” at the Trump SoHo