SHVO and Mandarin Oriental Announce Launch of Sales at 685 Fifth
SHVO, the luxury real estate development and investment firm, today announces the official launch of sales at Mandarin Oriental Residences Fifth Avenue, financed through a joint venture between SHVO and Deutsche Finance. This will be Mandarin Oriental’s first East Coast residential-only property, following the West Coast debut of Mandarin Oriental Residences Beverly Hills, also developed by SHVO.
DBOX for SHVO - 685 Fifth Ave
Located at 685 Fifth Avenue, on the corner of Fifth Avenue and 54th Street and a short walk from Central Park, Mandarin Oriental Residences Fifth Avenue offers pied-a-terre style living to its residents, all within close proximity to luxury shopping and fine dining as well as some of the most celebrated museums and cultural institutions. SHVO has restored, developed, and transformed the 29-story Beaux Arts building - originally built in 1928 and previously the headquarters of Italian fashion house Gucci - into 69 fully furnished and amenitized luxury residences ranging from junior suites to two-bedroom residences and select penthouses.
Each of the residences is thoughtfully appointed with sophisticated details such as Frette linens, stocked Molteni kitchens, custom upholstery, and tailored window treatments, and boasts a suite of unparalleled amenities including a state-of-the-art fitness center with steam, sauna, and treatment rooms; a private rooftop pool, with a lounge and bar, featuring views of Central Park; and white-glove services courtesy of Mandarin Oriental’s dedicated concierge team, from bartending and butlers to shopping and dog-walking.
Residents will also have exclusive access to Boulud Prive, a new dining experience personally curated by Chef Daniel Boulud, only available to residents of the Mandarin Oriental Residences Fifth Avenue and Beverly Hills, through room service or private restaurant and bar service.
“We are delighted to be partnering with Mandarin Oriental once again, this time to offer an unparalleled living experience on New York’s Fifth Avenue, one of the world’s most coveted zip codes.” said Michael Shvo, Founder, Chairman and CEO of SHVO. “Truly distinguished from other residential buildings in the city, this exquisitely designed collection of turnkey homes and amenities will offer residents the luxury of living in a five-star hotel without the guests.”
DBOX for SHVO - 685 Fifth Ave
“We look forward to introducing a new collection of Mandarin Oriental Residences to New York. The development will offer owners a unique pied-a-terre lifestyle in an ideal location, steps away from Central Park and Manhattan’s renowned luxury shopping, museums and fine dining choices,” said James Riley, Group Chief Executive of Mandarin Oriental Hotel Group. “Mandarin Oriental’s attention to detail and legendary service will enhance the living experience of the residents.”
Douglas Elliman Development Marketing are the exclusive sales and marketing agents for Mandarin Oriental Residences Fifth Avenue.
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