170 Mercer Street

Lion Cub Development and Highstone Capital are proud to announce their recent acquisition of a premier retail asset located at 170 Mercer Street in the heart of SoHo. Purchased for $1.65 million from renowned investor Elliot Chehebar, this acquisition underscores our commitment to investing in high-value properties in New York City's most vibrant neighborhoods.

This iconic property sits in one of Manhattan’s most sought-after retail corridors, known for its blend of historic charm and modern appeal. With its proximity to world-class shopping, dining, and cultural experiences, 170 Mercer Street represents a unique opportunity to enhance our portfolio while delivering long-term value to stakeholders.

The addition of this asset to our portfolio is a testament to our vision for creating dynamic spaces that thrive in the city’s evolving commercial landscape. By leveraging SoHo's historic and artistic appeal, Lion Capital and Highstone Capital plan to unlock the full potential of this property while respecting its iconic character. Stay tuned for updates as we work to reimagine 170 Mercer Street as a cornerstone of SoHo’s vibrant retail environment. Our journey with this exciting acquisition has only just begun.