1. (Location) The area South of Houston St. in Manhattan that has become severely commercialized and overly populated by Hollywood types over the past 20 years.
2. (Location) Where you go to wine, dine, and fuck a lonely B-movie star or celebutante if you're an Upper East Side/Park Avenue-dwelling tassle-shoed asshole. The act is normally done at around 10:00 p.m. as part of the asshole's commute home from Wall Street to his Upper East Side/Park Avenue apartment.
3. (Person) The actual ho you fuck
1. "No, don't go to Rockefeller Center. I got mine at the Kenneth Cole in Slo Ho."
2. "No, Bro, I'll pass on the Smith & Wollensky's. I gotta go to Slo Ho tonight."
3. "Yeah, I earned 2 bucks on the IPO. I'm gettin' me some slo ho at the Mercer tonight."