Who Owns The Crown Building Nyc

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Who Wears the Crown? The Crown Building, That Is

Let's talk about real estate, but in a way that won't put you to sleep. We're diving into the glitzy world of New York City real estate, and specifically, the Crown jewel of Fifth Avenue: The Crown Building.

Who Owns The Crown Building Nyc
Who Owns The Crown Building Nyc

A Crown by Any Other Name...

You might be wondering, "Why the dramatic name?" Well, picture this: a building so stunning, it looks like it's wearing a crown of light when the sun hits it just right. Hence, the name. It's like the building equivalent of a Beyonc� album title – catchy, memorable, and just a touch pretentious.

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A Storied Past

This building has seen more drama than a Real Housewives reunion. It started life as a home for the Museum of Modern Art (MoMA, for short) back in the roaring twenties. Talk about an art-filled past! But then, like a dramatic plot twist, it was bought by the Marcos regime, yeah that Marcos.

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After a whirlwind of legal battles and ownership changes, we now have a mix of luxury residences and a fancy hotel occupying the upper floors. And let's not forget the office spaces below, where you might bump into someone who looks like they stepped out of a Wall Street movie.

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The Crown Jewels (of Ownership)

So, who actually owns this sparkly building? Well, it's a bit of a tangled web. The office space is owned by a duo of real estate bigwigs: Michael Shvo and Vladislav Doronin. They're the ones who decided to give the building a major facelift and turn it into the luxurious space it is today.

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As for the hotel and residences? That's the work of OKO Group, who took over the upper floors and transformed them into a high-end oasis. So, while the Crown Building has multiple owners, they all seem to have the same goal: to make this place as fabulous as possible.

How to Become a Crown Building Resident (or Just a Visitor)

  • How to dream big: Start saving. Lots and lots of saving.
  • How to book a stay: Check out the hotel's website or contact a luxury travel agent.
  • How to admire from afar: Take a stroll down Fifth Avenue and gawk. It's free!
  • How to imagine owning it: Daydream and maybe buy a lottery ticket.
  • How to appreciate the architecture: Look up! The building's details are stunning.

So there you have it, a quick and dirty guide to the Crown Building. It's a building that's as fascinating as the city it calls home.

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nyc.govhttps://www1.nyc.gov
nyc.govhttps://www.nyc.gov
visitacity.comhttps://www.visitacity.com/en/new-york-city
nyc.govhttps://www.nyc.gov/finance
nyc.govhttps://www.schools.nyc.gov

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