Soho Properties receives $219 million for 45 Park Place tower

  • The company's secured $219 million to put toward construction of a high-rise residential condo property in Tribeca.
  • 45 Park Place, standing 43 floors, will hold 50 high-end condominium units.
  • Michael Abboud of SOMA Architects is the lead designer, and Ismael Leyva Architects will act as the architect of record.

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Soho Properties Chairman and CEO Sharif El-Gamal recently announced the company’s securing of $219 million to put toward construction of a high-rise residential condo property in Tribeca.