Back in 2015, Russian billionaire developer Vladislav Doronin and Michael Shvo, another developer, purchased the upper floors of the Crown Building in Manhattan. The partnership duo shelled out somewhere in the neighborhood of $500 million making the purchase.
Doronin and his OKO Group, along with Shvo, are opening the resulting hotel and condo complex, Aman New York, at some point in the spring of this year. Shvo’s office, located on Fifth Avenue, handles sales of Aman Residences at its Aman hospitality suite.
According to website patter, the luxury complex’s design philosophy combines ‘…the splendor of the Gilded Age and the dynamism of Fifth Avenue.’ It certainly boasts a long list of amenities, with an underground jazz club, a members club, and a pair of restaurants among them. Most dazzling is Aman’s 25,000 sq. ft. spa, which spans three floors and is outfitted with a large pool as well as plunge pools. A gym, steam rooms and a juice bar are other notable features of the lifestyle amenity.
Accommodations in Aman New York include an 83-room hotel and around 20 condo apartments. Last year, the WSJ reported that Doronin had sold a trio of penthouse units in the development for a combined $325 million. One of them had listed at $180 million, and went under contract in 2018.