Inside Manhattan's Exclusive $100,000 Private Club: A New Breed in NYC
Core Club, a new 60,000-square-foot private membership club in Manhattan, is set to open next month, joining the wave of elite clubs that have emerged in major cities since the pandemic. With more than a dozen new clubs opening or announced in Manhattan since 2020, the competition is fierce, with clubs offering extravagant amenities such as dining spaces, celebrity chefs, wellness spas, gyms, bars, pools, nightclubs, plush hotel suites, and high-tech boardrooms. Membership fees are soaring, with Core Club's ranging from $15,000 for an individual membership to $100,000 for a family membership, along with annual dues of $15,000 to $18,000. Despite concerns of oversaturation, club owners and managers believe there is no slowdown in demand as the wealthy seek exclusive spaces for work, play, and networking.