All news on the topic: Michael Shvo

The couple said their 18th-floor unit "is now effectively worthless."

Michael Shvo calls Core’s claims a “cynical ploy” to “litigate in the press” for a rent reduction and to get out of paying other bills, including for a $10 million construction cost overrun which its contract with Shvo obligates it to pay.

Michael Shvo is facing a $600 million lawsuit from the Core Club over an alleged "sinister" fraud scheme concerning the club's site at 711 Fifth Ave. Shvo described the accusation as "a desperate attempt" by the club's owners to avoid "binding agreements," which, as he claims, involves the club failing to settle its debt and attempting to prevent him from exercising an option to purchase 50 percent of the company

The realms of high-stakes real estate and elite clubbing collided dramatically this week as the proprietors of the exclusive Core Club launched a shocking $600 million lawsuit against their alleged partner and landlord, Michael Shvo

Passionate New York restaurant owner Keith McNally publicly criticized real-estate developer Michael Shvo and warned of possibly barring him from his establishment, Balthazar