When Trump obtained a building permit of a 45-story condominium hotel in a SoHo manufacturing district without any public review, many saw this as the loophole in New York city’s zoning regulations.

When the developers of the Trump SoHo announced their plans to build a 413-unit glass hotel condo in the middle of a lowrise neighborhood, they said condo buyers would only live in the building part of the year, which would qualifying it as a “transient hotel.” Hotels are considered asof-right in manufacturing zones, and the Trump project evaded the city’s more stringent uniform land use review process.

URI: Officials Aim To Trump Next Trump SoHo

In a letter signed by the president of Manhattan, Scott Stringer, and also the elected officials representing area where the Trump SoHo Project is under construction to the director of the city’s department of planning, Amanda Burden, on Monday states that Allowing development in manufacturing zones that is effectively residential in nature would have a dramatic negative impact on the neighborhoods we represent and on the city’s economy.

Read the entire article at the New York Sun Web site »

If you liked what you've read, why not subscribe to our feeds, subscribe through email or add us as your favorite blog at Technorati to get the latest updates on condohotels.

Other Condo Hotel Entries

• New York Condotels' State
• "No Market for Condo Hotels Right Now" - Robert Falor
• About Condo Hotels
• CondoHotels - Is A CondoHotel Right For You?
• Emerging Condominium Trends
• The Rise of Condominium Developments
• Wrapping Up Where the Best Condo Hotels are Located
• Condo Hotels: The Hottest Niche In The Real Estate Market
• Pushing yourselves over the edge
• State of Las Vegas Condo Hotel Market