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.

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 Beyoncé album title – catchy, memorable, and just a touch pretentious.

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.

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.

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.

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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