Posted by Leonard Steinberg on January 9th, 2014 Michael Shvo has partnered up to buy another site, this time in the Soho/Hudson Yards area at the entrance to the Holland Tunnel, next door to Trump Soho. Here are some facts to ponder: This actually may be a cheap purchase: 280,000sf for $140 million = roughly… [Read More]
SHVO TAKES TO THE STREETS – IS BILLION DOLLAR LISTING NEXT?
Posted by Leonard Steinberg on September 18th, 2013 Michael Shvo was spotted tonight at the LUKOIL/GETTY site on Tenth Avenue and West 24th Street (West Chelsea’s most storied block) armed with 2 security guards (is someone after Michael?) chatting up passers by observing the art installation featuring fences (Shvences?), sheep (Shveep?) and a lawn (shvlawn?)that… [Read More]
PETER MARINO PARTNERS UP WITH SHVO IN WEST CHELSEA
Posted by Leonard Steinberg on September 9th, 2013 I have heard that leather-bound uber-interior designer Peter Marino has been hired by Michael Shvo (for many millions!)to design the building on the corner of West 24th Street and Tenth Avenue (this has to be the hottest block anywhere!), once home to the Getty gas station, and… [Read More]
THE SHVEDGE
Posted on August 15th, 2013 Michael Shvo’s controvercial site (with VICTOR HOMES) for a new condominium in West Chelsea at the corner of Tenth Avenue and West 24th Street has produced a new “first” already (although some may argue that its ‘first’ is being the most-over-paid-for site): THE SHVEDGE….a bank of evergreens forming a hedge that… [Read More]
SHVO NO!
Posted on May 22nd, 2013 Michael Shvo is back……and this time he is returning as a developer, having partnered with an established developer to buy the LUKOIL/GETTY gas station (reported fist here, btw….). Shvo, with developer Victor Homes, beat out competitors to acquire 239 Tenth Avenue, a gas station site at Tenth Avenue and West… [Read More]
OBSERVATIONS FROM THE NEW YORK ART SHOWS
Posted by Leonard Steinberg on March 11th, 2012 Even though I live in West Chelsea surrounded by hundreds of the greatest art galleries, I nevertheless schlepp myself over to the Armory Shows on the Piers every year not only for the art (the perfect place to get a nice global perspective of the art market)… [Read More]