Posted by Leonard Steinberg of URBAN COMPASS on December 6th, 2014 Victor Homes and Michael Shvo revealed the Peter Marino-designed building located at the old Getty Station site at 24th Street and Tenth Avenue (239 Tenth Avenue) in West Chelsea, New York at Design Miami as part of the Art Basel fanfare, which naturally had… [Read More]
WEST CHELSEA RIVERFRONT SITE SELLS FOR $ 714/sf
Posted by Leonard Steinberg on February 2nd, 2014 The Atlantic Foundation, a nonprofit funding group founded by an heir to the Johnson & Johnson fortune, has sold a development site at 540 West 21st Street in West Chelsea for $50 million, or about $714/sf to Casco Development Corp, which is controlled by a foreign real estate investor… [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: ANOTHER GAS STATION SHUTS DOWN IN MANHATTAN!
Posted by Leonard Steinberg on August 12th, 2013 The Getty/Lukoil gas station at the corner of Tenth Avenue and 24th street is no more: sad-faced cab drivers were seen driving away from the site that for decades had been a re-fueling stop as the building prepares itself to be demolished to make way for Michael… [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]