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Manhattan (New York County)
SOHO
By turns industrial and derelict, the cast-iron buildings of SoHo were first colonized by starving artists in the 1960s and '70s, who sought large live/work loft spaces on the cheap.
Today, however, the neighborhood has transformed into a tony playground of boutiques, restaurants and cafes; lower Broadway is now an open-air shopping mall, with stores like Old Navy, H&M and an outpost of Bloomingdale's. In today's SoHo, affordable artists' lofts are the stuff of legend and, as one of the city's most expensive neighborhoods, multi-million dollar pads are the norm.
While most of SoHo's coveted loft apartments are conversions, there are some standout new homes as well. The sold-out 40 Mercer, from Andre Balazs and Jean Nouvel, opened in 2007 to rave reviews, having sold out at about $2,300 a square foot. Critics applauded the building's appropriate scale and combination of historical references and innovative architecture. (As of early 2008, resales in the building have been going for nearly $3,200 a square foot.)
But not all of SoHo's new construction has been welcomed. Trump SoHo -- a 46-story hotel-condo at 246 Spring St. -- has been met with vocal opposition from preservationists and local residents, who charge zoning violations and unsafe working conditions. Nevertheless, units there are in the $3,000-per-square-foot range.
GO FOR JOKER
August 28, 2008 -
Heath Ledger's last known residence is officially for rent. The loft apartment in SoHo where the "Dark Knight" co-star died in January - and where Mary-Kate Olsen's bodyguards...more >
TAKE 5
PRICEY DOWNTOWN NEWCOMERS HAVE GREAT EXPECTATIONS
August 28, 2008 -
Blip, what blip? Forget the rest of the housing market, the developers of the most luxurious product in Manhattan are still living in their own little "We're not affected" bubble. A...more >
RED HOT MAMA
SINGER MELISSA ERRICO SHARES LOFT WITH HUSBAND PATRICK MCENROE & THEIR TOT
May 07, 2008 -
Melissa Errico isn't your average mother. She's a former Tony Award nominee, she just released a new album and she's married to Patrick McEnroe (the younger brother of John and the...more >
SOHO
$3.725 MILLION
April 10, 2008 -
This full-floor renovated Broome Street penthouse co-op offers, in its 2,200 square feet of space, two full bedrooms (plus a den that could be a third bedroom) and two bathrooms. The master suite...more >
SOHO
$7.995 MILLION
March 27, 2008 -
This full-service boutique condo is "discreetly" located on a cobblestoned stretch of Mercer Street (OK, fine, we're talking about Andre Balazs' 40 Mercer, where you'll also...more >
SOHO
$3.495 MILLION
March 20, 2008 -
Consider this business proposal: Move into this "classic" prewar loft, and you'll be in on the commercial income the co-op earns from spaces below on Broome Street. The result? Your...more >
BUENO, DIAZ
March 13, 2008 -
There's something about the apartment that Cameron Diaz has bought in the West Village - it took her forever to find it. After searching for more than a year, including showing up at numerous...more >
| Home Sales Statistics for Soho |
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| Soho Housing Statistics | |
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| Median Years in Residence | 2.6 Years |
| Households with Children | 2,327 |
| Households with No Children | 12,062 |
| Soho Demographics |
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| Quick Glance | |
| Population | 29,795 |
| County | New York County |
| State | New York |
| Zip Codes | 10012 |
| Income and Occupation Statistics | |
| Median Household Income | $66,146 |
| Average Household Income | $110,818 |
| Median Travel Time to Work | 21 Minutes |
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