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Image Credit: The Dominick Hotel
Cain has acquired The Dominick Hotel in New York City, with plans to reposition it as Delano SoHo New York.
Cain, an investment-management firm, has completed the acquisition of The Dominick Hotel located in SoHo, New York City. The property, which consists of 390 rooms, will be rebranded as Delano SoHo New York. The hotel features panoramic views of the skyline and Hudson River, a rooftop pool, spa, event spaces, and multiple dining venues.
The acquisition is part of Cain’s strategy to expand its luxury-lifestyle hospitality portfolio in key global markets. The firm plans to modernize the property in line with the Delano brand’s design and hospitality standards. This will mark the brand’s first introduction to Manhattan.
Cain’s portfolio includes various properties in major cities and leisure destinations, such as New York, Boston, Miami, Palm Beach, Beverly Hills, London, and Courchevel 1850. The firm is also involved in the development of One Beverly Hills, a large urban mixed-use project in the United States, and the restoration of Delano Miami Beach, which is set to reopen in early 2026.
In 2024, Cain acquired a minority stake in the Delano brand and continues to collaborate with its majority partner, Ennismore, to expand the brand’s presence in the luxury-lifestyle sector. Future Delano locations are being considered in Europe, the Middle East, Asia, and Central America. Ennismore will manage Delano SoHo New York through its partnership with Cain.
