What will $100 million buy you at the Crown Building? Five floors of penthouse living with a show kitchen, piano lounge, two swimming pools and a full-floor master suite, according to floor plans.
The “crown” of the building — which is being converted into a condominium and an Aman-branded hotel by Russian developer Vladislav Doronin — will span nearly 14,000 square feet, according to the offering plan, which was approved by the state Attorney General’s office late last month.
Floor plans obtained by The Real Deal show the first floor of the massive spread will have a piano lounge and gallery, along with a wraparound terrace and outdoor pool. The dining room, family room, working kitchen and show kitchen will be located one flight up. There are four bedrooms and a game room on the third floor of the unit, and the master suite will span the entire fourth floor. The top floor of the penthouse has a pool, lounge and steam room, plans show.
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“This is a unique product,” Doronin told Bloomberg in October. “I don’t see any competition, because for the moment, we don’t have any similar buildings.”
Although the offering plan did not include prices, a one-bedroom with 1,149 square feet will be priced at $5.9 million, or $5,134 per square foot, Bloomberg reported. A three-bedroom measuring 4,384 square feet will ask $26.6 million, or $6,067 per foot. And a four-bedroom with 6,287 square feet is set to ask $58.3 million, or $9,273 per foot.
Plans also indicate there will be five studio apartments on the 15th floor of the building. Five condos — including the penthouse — will have outdoor pools.
The 83-room hotel is expected to have a three-story spa spanning 22,000 square feet, an Aman member’s club, a jazz club, cigar bar and several eateries.
Doronin teamed up with broker-turned-developer Michael Shvo to buy the upper floors of the Crown Building for $475 million in 2015. Plans call for converting the top portion of the building into an 83-key Aman hotel and 20 luxury condos.
As of Sept. 13, Shvo was not involved in marketing the project, which is being developed by Doronin’s OKO Group LLC. Shvo still has an equity stake in the project.