SHVO Partners with Saks Fifth Avenue for Mandarin Oriental Residences in NYC and Beverly Hills

Luxury development and investment firm SHVO announced an exclusive partnership between two of its residential developments, Mandarin Oriental Residences, Fifth Avenue, and Mandarin Oriental Residences, Beverly Hills, and the legendary department store brand Saks Fifth Avenue. This first of its kind collaboration will provide residents at the New York and Beverly Hills properties with special in-residence offerings, VIP services and curated lifestyle programming.

Douglas Elliman Development Marketing is the exclusive sales and marketing agency for Mandarin Oriental Residences, Fifth Avenue.

“Partnering with Saks Fifth Avenue furthers our mission to bring together several of the world’s most coveted names and partners to create a new standard of elevated luxury living,” says Michael Shvo, Founder and Chairman of SHVO. “Residents at Mandarin Oriental Residences, Fifth Avenue and Beverly Hills will experience a new lifestyle paradigm unlike any other, which is now further strengthened by the introduction of Saks’ exclusive services.”

Owners at the forthcoming Mandarin Oriental Residences, Fifth Avenue, located at 685 Fifth Avenue in New York City, and Mandarin Oriental Residences, Beverly Hills, at 9200 Wilshire Boulevard, will enjoy several exclusive cross-channel benefits bringing together the best from Saks’ digital platform and in-store experiences, such as a dedicated Saks concierge and Saks Stylist, as well as exclusive experiences, such as private after hours in-store shopping, at-home styling appointments and same-day delivery.

Part of a burgeoning trend of turnkey luxury residences managed by renowned hospitality brands, Mandarin Oriental Residences, Fifth Avenue and Beverly Hills, are the first standalone residences in the U.S. launched by Mandarin Oriental Hotel Group, with no hotel directly attached to the residences. Alongside the five-star amenities and offerings in both locations—including dining experiences by Michelin-starred chef and Chevalier de la Légion d’honneur Daniel Boulud—the new partnership with Saks Fifth Avenue adds yet another point of distinction.

“As a leading fashion authority, Saks is known for delivering the very best in luxury shopping and services,” stated Stephanie Maher, SVP Brand Marketing, Saks. “We’re thrilled to collaborate with SHVO on this exclusive program to bring top-tier luxury fashion, beauty and lifestyle experiences to its Mandarin Oriental residences, Fifth Avenue and Beverly Hills.”

To commemorate the partnership’s launch, the Mandarin Oriental Residences’ lifestyle campaign, “It Happened,” by renowned photographer David Lipman, will be displayed in windows at Saks Fifth Avenue locations in New York City and Beverly Hills throughout June, and on a Mandarin Oriental Residences dedicated landing page on Saks.com.

Closings for both properties are anticipated to commence in 2022.

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