NYC developer Michael Shvo's spat with posh member's-only Core Club takes ugly twist

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NYC developer Michael Shvo's spat with posh member's-only Core Club takes ugly twist
Commercial Real EstateLawsuitLuxury Real Estate
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As we reported on June 27, he faces a $600 million lawsuit by the Core Club for an alleged, “sinister” fraud scheme involving the club’s location at 711 Fifth Ave.

on June 27, he faces a $600 million lawsuit by the Core Club for an alleged, “sinister” fraud scheme involving the club’s location at 711 Fifth Ave.

Shvo allegedly owes Core Club $80,000 for its services, including use of its facilities for dinner and birthday parties. It’s a minor part of the suit but the easiest for non-lawyers to understand.

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