Judge blocks Shvo’s eviction bid against Core Club
Core Club is keeping its perch on Fifth Avenue — for now. A state judge ruled that Michael Shvo can’t boot the members-only club from his office tower at 711 Fifth, where the developer claimed the tenant was millions behind on rent, Crain’s reported. The decision marks the latest volley in a bruising legal battle between Core Club founder Jennie Enterprise and Shvo, whose high-profile property bets have been squeezed since the pandemic. Shvo moved last month to terminate the lease, saying the club had defaulted on $3.6 million in rent for its 60,000-square-foot spread across the tower’s top four […]
This article originally appeared on The Real Deal. Click here to read the full story.
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