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The last couple of months would suggest that if you could pick one industry not to be in, it would be real-estate. And yet, there are always those few that seem to defy the odds (or so it seems). Enter Michael Shvo and Matt Moinian. Shvo, described by NY Mag as “the most loathed broker in New York” (due in part to his success and youth) teamed up with real-estate heir Moinian in 2008 on the downtown W Hotel. This Saturday, the two teamed up at Bagatelle’s Saturday brunch. No word on the financial health of the W Hotel operation, but a tipster notes (with questionable grammar) that their personal conspicuous consumption sure hasn’t declined:
I seen all of the biggest show offs in NYC at Bagatelles yesterday including Mike Shvo, the real estate tycoon and Matt Moinian, another tycoon. They sprayed nearly $90,000 worth of Dom Perignon according to our maitre’d most of which was aimed at some other guys in their group (of about 30 men in total, most of whom looked foreign).
They continuously sprayed champagnes on other men all afternoon long, but it looked like they were enjoying doing all of this.
Shvo is the quintessentail salesmen and marketer, so who knows if this is him reveling in gains or perpetuating an image he doesn’t want to part with. Could be perhaps a combination. As for Moinian, who previously told NYMag that he once worked at Starbucks to learn the coffee business, perhaps he is now trying to learn the Champagne business? Probably not…
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Jackie Preta
Lauren Bush
Andrew Nodell
Chappy Morris
It’s true- i’ve seen them at Bagatelle and also at the Pink Elephant where they spray champagne bottles 2 at a time over different men. Usually, womenw ill run and hide once these two guys start spraying, however, their friends (most of whom are guys) come and stand there eagerly awaiting the champagne showers.
I once saw these guys come e to Tenjunes in a Hummer Limousine with 48 guys. He was boasting to the bouncers at the door that they were able to squeeze 48 guys plus the driver into the limousine. There wasn’t even one broad.
This is an unbelievable story. I just spent 2 days in St. Tropez/Cannes/Monaco. There were a few guys from Nyc there who wouldn’t stop bragging about their real estate empires in Nyc, to impress all of the ladies I was there with. They claimed to spend $ 700K at Jimmy’z, the exclusive nightclub. All I saw them drink was Corona’s and Redbull mixed with Vodka’s. They must have had 3 or 4 thousand drinks on their tab buying out the bar. It was amazing.