SHVO | The Real Deal New York

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SHVO

745 Fifth Avenue
New York, NY
(212) 380-2100
Website
Michael Shvo

SHVO is a real estate development company founded by Michael Shvo,a New York City broker-turned-real estate developer. According to the company, SHVO currently has over $4 billion in development across prime locations in Manhattan and the Caribbean, including the transformation of Manhattan’s iconic Crown building.

SHVO is known for highly stylized developments that incorporate elements from the worlds of fashion and contemporary art. Projects include the Philippe Starck-designed Gramercy, 20 Pine that features Armani Casa-designed interiors, and The Lumiere on 53rd Street.

Shvo, who was born in 1972 and grew up in Israel, got his start in real estate as a broker at Prudential Douglas Elliman. He joined the residential brokerage in 1999 and left in 2004 to found SHVO. Shvos business ventures faltered during the financial crisis and his Rector Square condominium entered foreclosure while already occupied. His fortunes have rebounded in tandem with the market. He has a BA from Bar-Ilan University in Israel and is married to Seren Ceylan, a Turkish model.

-GB


02/16/19
The Austrian government has to pay five times more for Hitler’s birth home than it did two years ago, an Austrian district court has said....

02/15/19
...A partnership formed by New York-based developer Michael Shvo, the Bilgili Group and Deutsche Finance Group bought the 83-room Raleigh Hotel, which closed...

02/14/19
...Michael Shvo and 685 Fifth Avenue (Credit: Google Maps) Developer Michael Shvo and two partners have received...

02/13/19
...Tommy Hilfiger, Michael Shvo and the Raleigh Hotel Tommy Hilfiger and Dogus Group sold the Raleigh Hotel in...

02/08/19
...and an Aman hotel. Doronin and then-partner Michael Shvo bought floors four through 24 of the office building for $475 million in 2015. Shvo was later...

02/06/19
...the seven units at Victor Group and Michael Shvo’s project have sold, Paragon said. As the new development condo market has struggled...

02/06/19
...Alexander, sold a $59 million penthouse at developer Michael Shvo’s Getty in April to financier Robert F. Smith, breaking a Downtown record.) Many...

...Alexander, sold a $59 million penthouse at developer Michael Shvo’s Getty in April to financier Robert F. Smith, breaking a Downtown record.) Many...

01/09/19
...boutique condo developed by Victor Group and Michael Shvo and designed by Peter Marino. Hill went into contract on the 6,500-square-foot unit in...

12/29/18
...Hudson Editor's Note: The original story misidentified Michael Shvo as the developer of 125 Greenwich. He left the project in 2016 and Bizzi & Partners Development...

12/25/18
...has become a hefty legal burden. Broker-turned-developer Michael Shvo was indicted on tax evasion charges related to his extensive art collection in September...

12/25/18
When Jets owner Woody Johnson accepted a $77.5 million offer for his Upper East Side apartment in October 2014, he hit on a euphoric moment...

12/19/18
...th Road in Miami. Doronin and then-partner Michael Shvo bought floors four through 24 of the property for $475 million in 2015. A year later, Shvo...

12/17/18
...is being co-developed by Victor Group and Michael Shvo. Neighbors will include Blackstone Group vice chair J. Tomilson Hill, who bought the third...

12/10/18
...Getty condo building near the High Line (Michael Shvo is also involved in the project) snagged the week’s second-priciest contract on a...

11/16/18
...Getty, the swanky condo project developed by Michael Shvo and Victor Group. That purchase is the priciest deal to ever close in Downtown...

11/14/18
...in the Western Hemisphere. At the time, Michael Shvo, the flamboyant real estate broker-turned-developer, was looking to make a splash on the New...

11/02/18
...Getty, the swanky condo project developed by Michael Shvo and Victor Group. That purchase is the priciest deal to ever close in Downtown...

...in the Western Hemisphere. At the time, Michael Shvo, the flamboyant real estate broker-turned-developer, was looking to make a splash on the New...

...Getty, the swanky condo project developed by Michael Shvo and Victor Group. That purchase is the priciest deal to ever close in Downtown...

10/18/18
...Marino and developed by Victor Group and Michael Shvo, was formerly a gas station. In April, a California billionaire paid $59 million for a...

10/18/18
...has become a hefty legal burden. Broker-turned-developer Michael Shvo was indicted on tax evasion charges related to his extensive art collection in September...

09/21/18
...Lorber's New Valley and Cindat Capital Management. Michael Shvo was also initially involved in the purchase of the site and for a time...

09/07/18
...Serdar Biligili and Michael Shvo (Credit: Facebook and Getty Images) During a 2007 lecture to members of Hilton Hotels and...

09/04/18
...the office portion of the building to Michael Shvo and his partners. 8) Building for brokers - $210 million RPW Group refinanced the classic Midtown...
SHVO, Real Estate Salesperson
745 Fifth Avenue, 18th Floor, New York, NY, (212) 380-2100
...
SHVO, Real Estate Salesperson
745 Fifth Avenue, 18th Floor, New York, NY, (212) 380-2100
...
SHVO, Founder and CEO
745 Fifth Avenue, New York, NY, (212) 380-2100
Michael Shvo is a New York City broker-turned-real estate developer and the founder,...
  • Event Sales
  • Address 685 Fifth Avenue
  • Neighborhood Plaza District
  • Borough Manhattan
  • Price $ 135,000,000
  • Publication Date 08/06/2018
  • Event Date 08/03/2018
  • Party 1 General Growth Partners
  • Party 2 Michael Shvo, Wings Group, BLG Capital, Deutsche Finance America
notes
The buyer purchased 16 floors inside the Plaza District property for $135 million.
  • Event Sales
  • Address 555 Broome Street
  • Neighborhood Hudson Square
  • Borough Manhattan
  • Price $ 9,000,000
  • Publication Date 03/01/2016
  • Event Date 01/01/2016
  • Party 1 The Door
  • Party 2 SHVO
notes
A two-story annexed portion of the building sold for $9 million.
  • Event Office Leasing
  • Address 1 World Trade Center
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 26,500
notes
The development company SHVO signed a lease.
  • Event Office Leasing
  • Address 1 World Trade Center
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 12,000
notes
The development company SHVO signed a lease.
  • Event Financing
  • Address 25 Greenwich Street
  • Neighborhood Financial District
  • Borough Manhattan
  • Square feet 10,600
  • Publication Date 12/01/2014
  • Event Date 10/22/2014
  • Party 1 Shvo and Bizzi & Partners
  • Party 1 Brokerage The Carlton Group
  • Party 2 Dilip Shanghvi
notes
A $40 million investment was arranged for the 77-story, 128-units
Manhattan, 10019
Michael Shvo|Vladislav Doronin, SHVO
The sponsor(s) filed plans on 11/16/16 for a condo project at 730 Fifth...
Manhattan, 10019
Michael Shvo|Vladislav Doronin, 730 FIFTH UPPER LLC
The sponsor(s) filed plans on 09/28/17 to test the market with a project...
Manhattan, 10013
Bizzi & Partners Development|Halpern Real Estate Ventures|Michael Shvo, BROOME PROPERTY OWNER JV LLC
The sponsor(s) filed plans on 01/19/16 to test the market with a project...

12/30/16
UPDATED, 2:00 p.m., Jan. 3: What a difference a year makes. In 2015, seven Manhattan condominium plans projecting total sellouts north of $1 billion were accepted by...

...had a contract in place with broker-turned-developer Michael Shvo to sell the upper office floors for north of $110 million. But sources said Shvo...

...for $500 million as a commercial condo to Michael Shvo and Vladislav Doronin, who are planning apartments there. “I was in a room until...

07/07/15
...-story plan for 100 Varick Street, developed by Michael Shvo, Bizzi & Partners, and Halpern Real Estate Ventures, who bought the site with partners...

...From left: Michael Shvo and Stephen Roth When Gary Barnett’s Extell Development began building One57 in 2011, he...

...From left: Michael Shvo, 220 Central Park South and Miki Naftali It’s no secret that prices for both...

...summer deals. Ariel Cohen, a broker with the Shvo Group, deals mostly with smaller apartments, two-bedrooms through studios. He said that, like Ramirez...

...Most Listings (and their Highest Priced Property): *Michael Shvo.................52 listings ($19.95 million) Dolly Lenz........................29 listings ($19.95 million) Helene Luchnick............26 listings ($5.2 million) Sachiko Goodman.........17 listings ($14 million...
Manhattan, 10019
Michael Shvo|Vladislav Doronin, SHVO
The sponsor(s) filed plans on 11/16/16 for a condo project at 730 Fifth...
Manhattan, 10019
Michael Shvo|Vladislav Doronin, 730 FIFTH UPPER LLC
The sponsor(s) filed plans on 09/28/17 to test the market with a project...