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Real estate developer Michael Shvo irks Mandarin Oriental resident with alleged family pool party at swanky building

July 4, 2024
in Entertainment
Real estate developer Michael Shvo irks Mandarin Oriental resident with alleged family pool party at swanky building
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Michael Shvo is in a feud with a resident at the Mandarin Oriental. Darian DiCianno/BFA.com/Shutterstock

It’s a bummer of a summer so far for Michael Shvo.

The luxury real estate developer — who’s being sued by the swanky Core Club, as well as a former pal, Serdar Bilgili, over a new Aman branded property — is also dealing with a disgruntled resident at the Mandarin Oriental.

The apartment owner at Shvo’s luxe 685 Fifth Avenue development is peeved about an alleged private concert Shvo held on the premises, plus a pool party thrown for his kids at the haute address.

In a letter to Shvo’s lawyer dated June 18, a lawyer for the resident, John Goodman — who has also filed a lawsuit against Shvo in March claiming his $6.1 million apartment is riddled with problems — claims that Shvo hosted a pool party for his kids’ pals and their parents on the Mandarin Oriental building’s roof deck, which he says is “in clear violation” of the rules.

Shvo, shown here with Rory Tahari, is being accused of holding a private concert on the premises, plus a pool party thrown for his kids at the haute address. Patrick McMullan via Getty Images

“Mr. Shvo behaves as if the Condominium and its amenities are his personal fiefdom, to be used for his own benefit and amusement without regard for the rules or the rights of the residents,” says the letter.

The letter in the ongoing feud adds that Goodman won’t accept an explanation from Shvo’s side that it was a promotional party to help sell units in the building.

“Unless Mr. Shvo is pioneering a bold new marketing strategy targeting the under-six year old set, I fail to see how hosting a gaggle of children at the pool is likely to generate any sales leads for the Condominium’s multi-million dollar units,” the terse letter says.

In another legal letter to the building’s board, dated Jun. 26, Goodman’s lawyer, Adam Glassman, alleges that Shvo’s family is using the fancy building’s pool. The dispute has resulted in a flurry of legal letters back-and-forth with each side accusing the other of wrongdoing.

Resident John Goodman claims Shvo, pictured here back in 2010, is violating building rules. Patrick McMullan via Getty Images

“Mr. Shvo behaves as if the Condominium and its amenities are his personal fiefdom, to be used for his own benefit and amusement without regard for the rules or the rights of the residents,” the legal letter reads. Dave Benett/Getty Images for Mandarin Oriental Hyde Park

“Mr. Shvo’s brother-in-law and sister-in-law, as well as their friends, were observed trespassing on the property and using the pool facilities as if they were their personal amenities,” the letter says.

The letter alleges such activity would lead to wear and tear, but also haughtily states, “The unauthorized use of our property as an impromptu bed and breakfast and a de facto public pool club directly contradicts the promise of exclusivity and refinement that drew owners to invest here. This is not a Holiday Inn Express… it is – or rather, should be – an ultra-luxury, Mandarin-managed property held to the highest standards of discretion and excellence.”

Shvo is also alleged to have held a private concert for friends by his favorite singer Antonis Remos at the property.

Goodman is demanding Shvo’s removal.

Goodman previously filed a lawsuit against Shvo, seen here with actress Michelle Yeoh, in March claiming his $6.1 million apartment is riddled with problems. WWD via Getty Images

Reps for Shvo declined to comment when we reached out about the party allegations.

But his rep previously said regarding Goodman’s lawsuit: “This is a shameless attempt to use the courts and the press to extort money… Our developments are best-in-class and this is the only complaint of this nature at the property. Nonetheless, we went above and beyond our obligations to accommodate an individual who after closing the transaction and moving into the property decided that he wants changes made in the unit.” 

At the same time, Shvo is battling a lawsuit by the Core Club, which claims he tried to to seize control of 50 percent of the club for $1, and failed to deliver on promises to fund and build new clubs around the world.

Core’s lawyer is also Glassman.

Shvo’s rep called the lawsuit a “shameless attempt to use the courts and the press to extort money.” Paul Porter/BFA/Shutterstock

Shvo is also in a dispute with the Core Club. Patrick McMullan via Getty Images

Shvo’s lawyer in the Core case, Morris Missry, previously told The Post that the suit is “a desperate attempt to bail out the owners of Core Club from fulfilling the very clear obligations they committed to in a series of binding written agreements.”

Missry added, “We will not be threatened or pressured into providing rent reductions or other undeserved concessions and will aggressively defend this lawsuit.”

A source has also previously suggested that a settlement in the Core Club suit could occur sooner than might be suggested, The Post reported.

Shvo is also being sued by Bilgil for 3.1 million. The Turkish businessman claims that Shvo diluted his stake in Vlad Doronin’s Aman-branded condo project at 730 Fifth Avenue, according to the RealDeal.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : PageSix – https://pagesix.com/2024/07/04/lifestyle/michael-shvo-irks-mandarin-oriental-resident-with-alleged-family-pool-party/

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