The trendy James New York hotel in Soho is currently under contract to Thor Equities for $70 million or approximately $614,000 per room.. The 114 room 20-story hotel, located at 27 Grand Street, has frontage on Sixth Avenue and Thompson Street. The seller, PGIM Real Estate, formerly known as Prudential Real Estate Investors, bought the property for $83.4 million in 2013 from Brack Capital Real Estate. The hotel features restaurant David Burke Kitchen and rooftop lounge Jimmy.
