Cain Acquires The Dominick Hotel in New York City
New York City, NY – October 16, 2025 13:44:00 – Cain International has completed the acquisition of The Dominick, a luxury hotel located in SoHo, Manhattan.
The transaction includes the 74-story hotel at 245 Greenwich Street, encompassing 391 guest rooms and suites. While financial details were not disclosed, the purchase signifies a significant investment in the New York City hospitality market. This acquisition comes as luxury hotel properties in major metropolitan areas continue to attract investor interest.
Cain International, a privately held investment firm, plans to build upon The Dominick’s existing reputation, potentially implementing renovations and enhancements to further elevate the guest experience. The firm has a history of successful hotel investments, including projects like the Hall Arts Hotel in Dallas. “We are thrilled to add The Dominick to our portfolio,” a company representative stated. “This is a truly iconic property in a world-class location, and we see tremendous opportunity to build on its success.”
The Dominick is known for its modern design, panoramic city views, and upscale amenities, including a spa and multiple dining options. The hotel’s prime location in SoHo places it within walking distance of numerous art galleries, boutiques, and restaurants, making it a popular destination for both leisure and business travelers. For more information on New York City’s hotel market, see data from NYC & Company.
Cain International officials indicated they will announce further details regarding their plans for The Dominick in the coming weeks.
