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Renwick Street in Soho Seeing Hotel, Resi Redevelopment

The Real Deal // Oct 17, 2014

Four residential projects are in the works along a block-long stretch of Renwick Street, between Canal and Spring streets, in Soho.


One of the projects is IGI-USA’s 31-unit loft building under construction at 15 Renwick Street.


Condos are slated to range from $2 million to $10 million in price. CORE is marketing the property, which is launching sales later this month and will open by next year. The block largely features old-school bars such as the Ear Inn, Emerald Pub and McGovern’s Bar. But in addition to several forthcoming apartment buildings, hotels have invaded.


Tommie Hotel is opening a 329-room hotel at nearby 231 Hudson Street next summer.


Fortuna Realty Group’s Morris Moinian, in partnership with developer Matthew Moinian, opened the 122-room Hotel Hugo this spring.


“There’s only so much product in the north Tribeca area, and [people] are migrating to Hudson and Renwick,” Mara Flash Blum, a Sotheby’s International Realty broker told the Wall Street Journal. “It’s like being in Soho and not being in Soho.”



Original Article: The Real Deal