Shvo seeks to evict Core Club from 711 Fifth Avenue
Shvo is seeking to kick Core Club to the curb. Michael Shvo’s firm started the process of evicting the exclusive members-only club from 711 Fifth Avenue, the former Coca-Cola Building. The luxury developer and the ritzy social club have been engulfed in a gripping legal drama. In 2024, Core Club alleged Shvo’s team over-promised and under-delivered on opening three club locations and sued Shvo for $600 million in damages. Shvo struck back, calling the lawsuit a “public hit job” intended to yield a rent reduction and other concessions. “We have made every effort to keep Core Club in the building,” […]This article originally appeared on The Real Deal. Click here to read the full story.
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