Michael Shvo

Crown Building’s five-story penthouse is the latest to join Midtown’s $100M+ club

Penthouse rendering (Aman Resorts)

October 27, 2017

Crown Building’s five-story penthouse is the latest to join Midtown’s $100M+ club

Taking its name from an elaborate pyramid-shaped crown, the Crown Building at Fifth Avenue and 57th Street has been described as one of the city's most desirable retail locations. Michael Shvo and Russian developer Vladislav Doronin bought the non-retail upper floors of 730 Fifth Avenue in 2015 and filed plans to redevelop the Billionaires' Row property, and new details have been revealed, CityRealty reports. An 83-key luxury hotel with a three-story spa, a members-only lounge, a jazz club and cigar bar and two restaurants will start on the fourth floor. Above the hotel, 20 luxury condominiums known as Aman New York Residences will start on the 11th floor. The building's crown jewel will be a 14,000 square-foot five-story penthouse on floors 22-26 asking $100 million.
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New Developments

June 27, 2016

New Renderings Show Supertall Status for Rafael Viñoly’s 125 Greenwich Street

By Michelle Cohen

The new mixed-use tower to rise at 125 Greenwich Street will indeed be adding another supertall to the Financial District’s skyline. New renderings confirm a final height exceeding 1,000 feet, inching the tower above the the 977-foot 4 World Trade Center nearby at 150 Greenwich Street, according to YIMBY. 6sqft previously reported on the progress of the slender tower-to-be, designed by Rafael Viñoly Architects and developed by a joint venture comprised of Michael Shvo, Bizzi + Partners Development, and Howard Lorber’s Vector Group that will offer a limited collection of condominium residences with unparalleled views of the lower Manhattan skyline and beyond.
Check out the new renderings

New Developments

May 27, 2016

All Engines SHVO at Three New Manhattan Condo Developments

By Ondel Hylton

Earlier this month, the Wall Street Journal profiled broker-turned-developer Michael Shvo and revealed his development company SHVO now has more than $4 billion dollars worth of projects in the works for the city. While many are still in planning stages and have yet to be released to the public, construction is moving ahead on a trio of condominium developments along Manhattan's western spine -- the Getty, 125 Greenwich Street, and 565 Broome SoHo (as a development partner). While varied in neighborhood and scale, they all enlist high-caliber architects and will bring Shvo's characteristic high level of attention to detail and "pursuit of perfection."
Get the rundown on all three developments

March 16, 2016

Checking in on Downtown’s Next Supertall, 125 Greenwich Street by Rafael Viñoly Architects

By Ondel Hylton

It's been some time since 6sqft checked on 125 Greenwich Street, a slender tower that will soar more than 1,000 feet high and offer a limited collection of condominium residences with unparalleled views of the lower Manhattan skyline and beyond. Developed by a joint venture comprised of Michael Shvo, Bizzi + Partners Development, and Howard Lorber's Vector Group, the 9,000-square-foot corner site will yield 275 compact residences spread over 306,000 square feet of space, along with a retail- and amenity-filled podium. Plans submitted to the Department of Buildings in October show that most of the building's floor plates will house six apartments each.
Get a look at the current site

New Renderings of Vinoly’s 125 Greenwich Street, Downtown’s Future Tallest Residential Skyscraper

Rendering by ArX Solutions

September 11, 2015

New Renderings of Vinoly’s 125 Greenwich Street, Downtown’s Future Tallest Residential Skyscraper

By Ondel Hylton

On the 14th anniversary of the day that caused the city to question our skyward building ambitions, we give you a new look at lower Manhattan's future tallest apartment tower, 125 Greenwich Street. Not only has the city regained its confidence in building high again, but it has now been feverishly erecting 1,000-plus-foot supertall towers at a faster rate than nearly any other global metropolis. This particular residential spire will soar 77 stories and roughly 1,100 feet high, some 200 feet taller than downtown's next tallest ground-up residential buildings, 30 Park Place (937 feet) and New York by Gehry (870 feet).
Find out more here

June 16, 2015

New Rendering of Renzo Piano’s Soho Condos Shows a Curvy Glass Construction

By Diane Pham

Last month it was revealed that Renzo Piano would be following up his new Whitney Museum with a 290-foot residential tower at 555 Broome Steet (previously pinned as 100 Varick Street) in Hudson Square right on the border of Soho. While at the time details on the project were scarce with just one rendering making the rounds, NY Yimby has a new image of the starchitect-designed building which reveal a far softer and curvier glass form than previously depicted.
more details here

May 6, 2015

New Renzo Piano-Designed Residential Tower to Rise in Soho

By Diane Pham

Renzo Piano's versatility continues to win the hearts of NYC developers, and it looks like the starchitect is finally getting his chance to flex his muscle in the residential realm. The Post reports that Piano—who just cut the ribbon to the new Whitney to rave reviews—has been chosen by Michael Shvo and Bizzi & Partners to design a brand new 290-foot tower at 100 Varick Street in up-and-coming Hudson Square bordering Soho.
FInd out more here

September 2, 2014

REVEALED: 125 Greenwich Street Will Rival One WTC and Become Downtown’s Tallest Residential Tower

By Dana Schulz

The latest in the world of New York City supertalls comes to us from New York YIMBY, who has revealed renderings for the Rafael Viñoly-designed 125 Greenwich Street. At 1,356 feet, it will become Downtown's tallest residential tower, the first to rival the 57th Street skyscrapers like Extell's planned Nordstrom Tower, which will rise 1,479 feet. It will also be just 12 feet shy of One World Trade Center's roof, making it the second tallest skyscraper in the Financial District.
More details and renderings here

Michael Shvo

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