Trump brings NY projects to UAE
Dubai, June 29, 2008
The Trump Organisation, one of the world’s leading property developers, on Sunday launched the sales of penthouses at its New York-based Trump Soho Hotel Condominium exclusively for its customers in the UAE.
The Trump SoHo Hotel Condominium project started sales in September last year and this exclusive property is the only luxury hotel condominium in Manhattan’s fashionable SoHo neighbourhood, said a top Trump official. The hotel is due to open next summer.
"A hotel condominium provides a unique opportunity to own a unit in a hotel which can be rented out to guests when not occupied by the owner. They are an ideal solution for international buyers who live away from New York but want a familiar place to stay when there," explained Donald J. Trump, CEO of the Trump Organization.
Of the 400 hotel condominium units, there will be 141 deluxe suites, 253 studio suites, five penthouse suites and one Presidential Suite, he said.
"Some studios and deluxe suites can be combined to create luxurious two bedroom suites. Units will range in size from approximately 422 to 905 square feet with expansive penthouses and the Presidential Suite on the three highest floors."
Owners will be able to choose from a range of panoramic views including the Hudson River, Statue of Liberty, Empire State Building and the Manhattan skyline, he noted.
"Last week I had the honour of globally launching Trump International Hotel & Tower Dubai, currently being built on Palm Jumeirah," he commented.
"With The Trump Organization’s continued growth throughout the Middle East, we thought it was only fitting to bring sales of our unique Trump SoHo penthouses to the UAE. Our penthouses are the most desirable places to stay in New York City, and will provide one of the most luxurious hotel experiences available anywhere in the world," he added.
Leading global real estate firm, Prodigy International, is the exclusive sales and marketing organisation for Trump SoHo Hotel Condominium.
Prodigy International has an impressive track record of driving sophisticated international buyers to the most exclusive properties in New York, Miami, Dominican Republic, Panama, Mexico and Costa Rica, through a global network of brokers from locations around the world.
“There is a great desire among sophisticated Arabic buyers to invest in Manhattan. As they have already a strong participation in the real estate markets of London and other capitals in Europe, they want to consolidate their presence around the world by incorporating New York to their portfolio,” Prodigy International president Rodrigo Nino said.-TradeArabia News Service
More Construction & Real Estate Stories
- DWC-Emaar in golf centre deal
- EMart nets $20m from online auction
- Qatar Railways awards $32bn in contracts
- Top regional firms at Cityscape Riyadh
- Habtoor Leighton wins $395m Dubai tower deal
- Bahrain to scrap asphalt subsidies
- UAE bids to host 2018 tunnelling congress
- Bin Faqeeh top sponsor of Gulf Property Show
- Summit to spotlight green building issues
- Cluttons to launch new brand in 2014