Jacky Teplitzky, Nobody's No. 2
By Max Abelson | August 24, 2009 | 12:53 pm
Location: As of today, you have nearly 10 listings under $1 million, but none over $10... MORE >
Michael Shvo
Jersey Gets Glitzy With Jamie Foxx at Boozy W Hotel Debut in Hoboken
By Chris Shott | April 24, 2009 | 12:54 pm
Standing on the 10th floor of his new Standard Hotel in the meatpacking district last January, hotelier André Balazs looked out on the Hudson River and the ever-rising New Jersey skyline in the distance, marveling at how much the area was beginning to resemble Hong Kong... MORE >
20 Pine: The Conniption
By Max Abelson | April 21, 2009 | 7:51 pm
"I would be a fool to sit here and tell you we didn’t have challenges,” the well-tanned real estate marketing guru Michael Shvo said Sunday, April 19, from Dubai. It was a few days after he had last seen the nearly completed, long-delayed mega-condo 20 Pine: The Collection. “Unfortunately, the problems we faced here were not problems under Shvo’s... MORE >
Dolly Lenz Falls to Earth
By Max Abelson | February 10, 2009 | 7:00 pm
On Feb. 12, after seas of silk-scarved, shiny-shoed, power-suited real estate brokers shuffle into the Pierre’s ballroom, the colossal real estate brokerage Prudential Douglas Elliman will name its broker of the year. Just as it’s been since Dottie Herman and Howard Lorber bought the company in 2003, and as it will be until the day onyx bathrooms and heated-floor kitchens all cease to exist, the award will go to Dolly... MORE >
How High, FiDi?
By Oliver Haydock | December 9, 2008 | 3:56 pm
“In the next few years you are not going to see many conversion projects in the Financial District,” Michael Shvo, the ubiquitous and masterful real estate marketer, said. Mr. Shvo was referencing the vanishing trend of converting hard-to-fill office towers into luxurious new condos in the Financial District—something that has been instrumental in transforming the once-forlorn area from an all-work-and-no-play business hub to a diversified neighborhood with an eclectic mix of 9-to-5 commuters, small... MORE >
Presenting Manhattan’s Cheapest Mansion? Developer Yassky Chops East 78th Spread to $16.9 M.
By Max Abelson | November 11, 2008 | 7:29 pm
Even during these dreary times, the ambition that carries on in Manhattan real estate is practically Shakespearean. People who spend many millions of dollars on a chunk of luxury property one day seem to believe that chunk will be sellable the next for many millions more. On Aug. 11, a limited liability corporation controlled by Charles Yassky, a developer and real estate investor, paid $13.2 million for a 36-foot-wide red-brick mansion at 122 East... MORE >
McCain Couldn't Recall How Many Homes He Has; Nor Could Shvo
By Tom Acitelli | August 24, 2008 | 5:01 pm
The news last week that John McCain couldn't quite remember how many homes he owned jarred our memory a bit. In a 2005 New York magazine profile of master residential marketer Michael Shvo, the wunderkind said that he had no idea how many apartments he owned at the time. From the profile by Jancee Dunn: Shvo owns apartments in many buildings—three in the Oxford on the Upper East Side, four in the Downtown by Philippe... MORE >
Shvo Me To The Moon! Marketer Sparks Race For Lunar Lodging
By Tom Acitelli | July 11, 2008 | 9:57 am
The Daily News reports that master marketer Michael Shvo will, for his new Shvo Academy, have eight interns compete this summer to design the first residential property for the moon. The interns, who come from top schools around the world, will take the project through pre-development research, strategic planning, design, marketing, communication and sales. Then, they will present their project to a panel of real estate experts including Shvo and a scientist from the... MORE >
Yes He Can! Deals Finally Start Closing at Shvo Masterpiece 20 Pine
By Tom Acitelli | April 7, 2008 | 2:42 pm
When sales for the Financial District condo 20 Pine The Collection started in the fall of 2006, it was An Event. Part of that had to do with the housing market at the time, all bullish and booming, the condo towers sprouting throughout Manhattan tumescent monuments to money and a city back from the September 11 brink. But it also had to do with Michael Shvo. The wunderkind marketer was in charge of selling... MORE >
Gordon Gekko Goes Global
By Chris Shott | March 18, 2008 | 6:09 pm
“You’re catching me at a crazy time,” Michael Shvo said over the phone from his limo last month. The audacious marketing genius behind such hugely hyped high-end condo projects as Bryant Park Tower and 20 Pine The Collection had just returned to Manhattan after several weeks overseas. While family business took top priority—his father recently passed away in Israel—Mr. Shvo, 35, lately has been rather preoccupied with expanding his presence... MORE >
Dottie Herman on Broker Awards: 'If You Weren't Competitive, You'd Be In Social Work'
By Max Abelson | February 14, 2008 | 10:48 am
The only thing more exciting than today’s news about the upcoming sale of Bob Guccione’s townhouse (or about Sharon Baum's Vespa), is Prudential Douglas Elliman’s annual awards ceremony, taking place right this moment, until noon, at Cipriani 42nd Street. It’s the stuff real estate dreams are made of! Annual broker awards, especially at a monolith like Elliman, are about money, status, competitiveness, salesmanship, hierarchy, and of course, self-celebration. Yet Elliman, it turns out, does not... MORE >
Shvo-volving Door: Many Vacancies at Former Wunderkind's Firm
By Lysandra Ohrstrom | January 4, 2008 | 5:29 pm
Michael Shvo's eponymous firm dominates the job board recently launched by The Real Deal magazine. Of the 16 help-wanted ads on the board, 11 are from Shvo. (Only seven are actually labeled as coming from Shvo; the other four come from an unnamed "top international luxury real estate branding, marketing and sales firm" that has a partner list conspicuously similar to Shvo's.)... MORE >
The Art of Shvo: City Real Estate Stars Jet to Miami for Art Basel
By Max Abelson | December 7, 2007 | 2:27 pm
Besides being Manhattan realty mavens, what do Michael Shvo, Louise Sunshine, and Dennis Mangone have in common? They've all fled New York this week for the well-tanned haven of Miami Beach, where Art Basel ("the most important art show in the United States, a cultural and social highlight for the Americas") began yesterday. "My clients are collectors... They collect art, they collect Yachts, they collect condominiums, they collect lifestyle," said Mr. Mangone, a... MORE >
New York’s City Shapers
By Chris Shott | December 4, 2007 | 6:23 pm
One of Robert K. Futterman’s favorite photographs shows his kids standing in front of what is now the Apple Store on Fifth Avenue. Hanging in the empty window behind them is, of course, a sign sporting Papa Futterman’s own blue “RKF” logo, inspired by his “real-estate hero,” Edward S. Gordon, and his longtime client, the... MORE >
The Real-Estate Paradox
By Tom Acitelli | November 27, 2007 | 6:57 pm
The subprime mortgage crisis has created a real estate economy that affects superstar brokers like Michael Shvo one way, and major bank chiefs another. ... MORE >
