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NYC developer Michael Shvo sued over shoddy upkeep at luxury building

Prominent New York real estate developer Michael Shubo is being sued by a disgruntled couple who dropped $6.1 million on the Mandarin Oriental Fifth Avenue, who claim the luxury building is riddled with problems, including an “algae-filled” rooftop pool. In a complaint filed Monday in New York State Supreme Court in Manhattan, John Goodman and […]

El Salvador’s Nayib Bukele Launches Luxury Coffee Brand

El Salvador’s President Najib Bukele launched his own premium coffee brand, Bean of Fire, this weekend, describing the venture as a “passion project.” Bukele made the announcement on his Twitter account on Saturday evening, insisting that the coffee brand has “nothing to do with politics.” He noted that the company’s goal is to make “the […]

Taylor Swift has made luxury friendship bracelet sales soar

The economic impact of Taylor Swift cannot simply be “ignored.” Fashion designers are upgrading friendship bracelets, an accessory made popular by the superstar singer on her record-breaking Eraser tour, with gold-and-diamond versions costing up to $5,000. The Wall Street Journal reported.. The usually plain bracelets, made of multicolored threads knotted in various patterns or beads […]

Man, 64, jumps to his death from luxury NYC hotel: cops

A 64-year-old man died after jumping from a luxury Midtown hotel Tuesday morning, police said. Police said the man jumped from Room 28 on the 20th floor of the Kimberly Hotel on East 50th Street near Lexington Avenue and landed in a courtyard on the third floor. Paramedics pronounced him dead around 10 a.m., and […]