NYC developer Michael Shvo’s spat with posh member’s-only Core Club takes ugly twist

Michael Schvo never gets a minute’s rest. As we reported June 27, he is being sued for $600 million by Core Clubs for an alleged “egregious” fraud scheme connected to the club’s location at 711 Fifth Ave. Shubo called the lawsuit a “desperate attempt to bail out” the club’s owners from a “binding agreement” that […]
French hospitality outfit Accor signs lease at Michael Shvo’s 711 Fifth Ave

The cheerful sounds heard at 711 Fifth Avenue last week were coming not from the posh Core Club on the tower’s top four floors, but from Accor’s new offices on the seventh floor. The French hospitality company signed an unreported 23,000-square-foot lease in December and was celebrating its move into the space, sources told Realty […]