Michael Shvo

Rendering of Aman New York at the Crown Building

Historic Crown Building’s Transformation Into Aman New York Revealed in New Renderings

OKO Group has released renderings of its partial conversion of the Crown Building at the corner of Fifth Avenue and 57th Street, which is well underway with lofted scaffolding and a hoist structure fully operational above street level. As announced earlier this year, the property will debut as Aman New York, featuring residences and a hotel spanning the building’s fourth through 24th floors.

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685 Fifth Avenue. Rendering via Marin Architects

685 Fifth Avenue’s Mandarin Oriental Conversion and Expansion Now Underway, in Midtown

Work is underway to prepare 685 Fifth Avenue for a 100,000-square-foot office-to-condominium conversion. The first batch of scaffolding has been assembled on the northern profile of the address, and a green scaffold board runs along the top of the retail section. The 20-story building will eventually be a 30-story building, with ten additional floors to be built atop the current roof parapet. The residential component will comprise 69 condos, to be managed by Mandarin Oriental Hotel Group. SHVO is the property developer and has partnered with BLG Holdings and Deutsche Financial to spend $135 million on the expansion and conversion of the property, which will stand 350 feet tall and rise 30 stories when complete. Marin was the architect of record and the design architect, with March & White handling the interior design. Brookfield Properties is in charge of marketing the Fifth Avenue retail space.

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239 Tenth Avenue, photo by Tectonic

239 Tenth Avenue Gets Glassy in Chelsea

Michael Shvo and Victor Group knocked down a gas station at 239 10th Avenue in Chelsea last year to make way for a glassy condo building. Now workers are installing facade panels on the building, which is under construction at the corner of West 24th Street.

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