Mandarin Oriental Hotel Group has agreed to brand and manage 69 luxurious residences, Mandarin Oriental Residences at 685 Fifth Avenue, in New York City, The project is scheduled for completion in 2021.
SHVO, BLG Capital and Deutsche Finance America own the 1920-built property on Fifth Avenue. Work has started on the conversion of the building’s office component into 69 apartments.
The Residences will feature a variety of facilities, including a library and lounge on the top floor of the building, with clear views over Central Park. A fully equipped gym, a spa with beauty treatment rooms, and a rooftop pool with cabanas and lounge beds will all be serviced by Mandarin Oriental. The property will also offer an all-day dining restaurant.
