NEW YORK, October 27, 2025 – Proskauer advised Dan Hotels, a leading hotel chain in Israel, on its acquisition of the NoMo SoHo hotel in New York City for $125 million. The purchase is the company's first expansion into the United States.
NoMo SoHo hotel is located at 9 Crosby Street in Manhattan. The hotel rises 26 floors and includes 264 rooms and suites. The property features the NoMo Kitchen restaurant, the Sip Happens café, meeting rooms and a fitness center, and offers panoramic views of the New York City skyline.
Dan Hotels is one of Israel's leading hospitality brands with 16 luxury hotels across Israel including the King David Hotel and one hotel in Bengaluru, India.
The Proskauer team was led by partner Yuval Tal, who co-heads the Firm's Real Assets and Lodging & Gaming practices, and partner Mark Rutter. The team also included associate Sean Khoury (Real Estate); Charles Dale (Restructuring); Michael Lebowich (Labor); and Steven Weinstein (Benefits & Compensation). A team from Firon Law Firm led by Dana Firon-Gross served as co-counsel.