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TRUMP SOHO™ NEW YORK TO BEGIN CLOSINGS

NEW YORK - May 7, 2010 - Trump SoHo™ New York is a joint venture among The Sapir Organization, Bayrock Group, L.L.C. and an affiliate of the Trump Organization. The attorney for the sponsors, Jay A. Neveloff, partner, Kramer Levin Naftalis & Frankel LLP, stated, "The offering plan for Trump SoHo has just been declared effective. Closings at the luxury Downtown hotel condominium can commence."

The first luxury hotel condominium in Downtown Manhattan opened on April 9, 2010 and is being managed by the Trump Hotel Collection. Located at 246 Spring Street, the dramatic, 46-story silver-glass building, designed by Handel Architects, boasts unrivaled views of the city’s spectacular skyline, the Hudson River, Statue of Liberty and Empire State Building.

"We understood the potential for a Downtown luxury hotel and know that Trump SoHo will quickly become the Manhattan destination of choice for sophisticated global travelers," stated Alex Sapir, president of The Sapir Organization. He continued, "Trump SoHo has brought 350 jobs to the area and will bring increased revenue and traffic to the local restaurants and cultural venues."

The collaborative vision of Handel Architects, Rockwell Group, the sponsors and Donald Jr., Ivanka and Eric Trump has created an incredible destination of impeccable style and uncompromising service. The Trump's fresh, modern design sense has become a hallmark of the "next generation."

"By providing the exclusive amenities that the Trump Hotel Collection has become known for, Trump SoHo will surpass any experience that a guest can receive Downtown," stated Donald Trump, Jr. vice president of development and acquisitions for The Trump Organization.

The 391 guest rooms and suites, designed by Rockwell Group, blend classically inspired interiors with contemporary New York design. Trump SoHo has the ambiance of an intimate hotel with just twelve rooms per floor yet it provides guests and owners the full complement of services and amenities of a luxury hotel experience. Trump SoHo also features: the two-level Quattro Gastronomia Italiana, the second location of South Beach's top dining destination, which was designed by Studio A; The Spa at Trump with the first luxury hammams in New York City, Bar d'Eau, a seasonal indoor-outdoor bar along the pool, both of which were designed by DiGuiseppe Architect; Kastel, an exclusive cocktail lounge, and The Library with books by TASCHEN designed by Rockwell Group.

For more information on owning a hotel condominium at Trump SoHo, please visit www.trumpsoho.com or call (212) 965-0008.

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Previously in the News

May 17, 2011
Travel + Leisure listed TRUMP SOHO™ NEW YORK
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April 8, 2011
At one year old, the Trump SoHo™ is still rockin
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March 21, 2011
Trump SoHo's 11 New Designer Penthouses
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May 7, 2010
TRUMP SOHO™ NEW YORK TO BEGIN CLOSINGS
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April 21, 2010
Trump SoHo Now Open
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October 21, 2009
Trump SoHo To Open February 1,2010
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October 20, 2009
Trump SoHo Hotel Countdown
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October 19, 2009
Trump Soho almost there
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July 7, 2008
The Sapir Organization Signs 5,648 sq. ft. Lease at 261 Madison Avenue with UBE America, Inc.
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June 25, 2008
The Sapir Organization Signs 98,175 sq. ft. Lease at 11 Madison Avenue For Global Headquarters of WPP's Enfatico
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June 12, 2008
The Sapir Organization Announces Energy Management Initiatives
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November 27, 2007
Tamir Sapir Named Honorary Chairman of Anniversary Awards Dinner from New York Association for New Americans
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July 18th, 2007
The Sapir Organization Announces the Signing of 35,091 Square Foot Lease with HQ Global Workplaces at 260 Madison Avenue
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July 17th, 2007
The Sapir Organization to Install Wall Street Journal Office Network in Four Premier Manhattan Properties
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June 26th, 2007
The Sapir Organization Announces the Signing of 4,876 Square Foot Lease Extension at 261 Madison Avenue
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April 24th, 2007
The Sapir Organization Announces Appointment of CBRE as Leasing Agent for all the Company's Properties
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November 2nd, 2006
Tamir Sapir Wins over $28 Million in Unprecedented Court Judgment from Russian Federation
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July 7th, 2006
Donald J. Trump & Bayrock/Sapir Organization, Llc Announce the Launch of Trump Soho Hotel Condominiums New York
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July 6th, 2006
The Sapir Organization Announces Appointment of Cushman & Wakefield As Property Managing Agent
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May 31st, 2006
Alex Sapir Appointed President of the Sapir Organization
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April 21st, 2006
Tamir Sapir Receives Torch of Honor Award from New York Association for New Americans
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