Business > Commercial Real Estate

One of Soho's priciest retail spaces heads to foreclosure

24 days ago   |   By The Real Deal New York

A 25 percent cushion wasn't enough to save what was once one of Soho's most expensive retail properties. The roughly 6,000-square-foot retail space at 106 Spring Street, which has sat largely empty for years, is heading to foreclosure. Owner SL Green Realty bought the property in 2019 from 60 Guilders and Carlyle for $79.5 million - a steep discount from the $105.4 million those investors paid three years earlier. Lender Citizens Bank scheduled a UCC
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