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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 […]

Michael Shvo irks Mandarin Oriental resident with alleged family pool party

Michael Schvo is at odds with residents of the Mandarin Oriental. Darian DiCiano/BFA.com/Shutterstock It’s been a disappointing summer so far for Michael Shubo. Luxury real estate developer under lawsuit Stylish core cluband former friend Serdar Bilgili, who is battling over new Aman-branded properties, he is also negotiating with disgruntled residents of the Mandarin Oriental. The […]

NYC members-only club seeks $600M in fraud suit against developer Michael Shvo

The worlds of high-stakes real estate and high-society clubbing collided violently this week when the owners of the exclusive Core Club filed a shocking lawsuit against their partner and alleged landlord, Michael Shubo, seeking $600 million in damages. The lawsuit, filed in New York State Supreme Court, alleges that Shubo used a “wicked and fraudulent” […]