The Real Deal New York

Editor’s note: They go with their gut

October 03, 2014 04:30PM
By Stuart Elliott

014 Edit note se FINAL.inddFrom the October issue: In 20 years, will condo buyers say, “I want to live in a Shvo building?”

That is the hope of real estate bad-boy Michael Shvo, who embodied the excess of the last real estate boom as a broker and, after a hiatus during the recession, has re-emerged as a developer with ambitious plans for three new condo projects amid a much-hyped luxury market. They include what will likely be one of the tallest buildings in Lower Manhattan, rising near the World Trade Center site. [more]

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