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A Peek Inside NYC's $100k Megaclub Membership

December 2, 2023
/
Helen Hayward

In the heart of Manhattan, where the city skyline meets Central Park's green embrace, a new era of exclusivity is about to unfold. Picture this: a 60,000-square-foot oasis soaring above Midtown, redefining the elite membership club scene. Welcome to Core Club, where the whispers of affluence and the clink of crystal glasses set the stage for a membership experience like no other.

The Rise of the Megaclub Movement

Imagine a world where private clubs aren't just exclusive hideaways but sprawling playgrounds for the privacy-craving elite. Core Club is at the forefront, riding the wave that Casa Cipriani, Zero Bond, Aster, Heimat, and ZZ’s Club initiated. These are not just clubs; they are sanctuaries for the privacy-minded, a refuge for the highly mobile wealthy seeking a haven in a post-pandemic world.

Club Boom or Over-saturation?

  • Over a dozen new clubs announced or opened in Manhattan since 2020.
  • Concerns rise about over-saturation, especially if the economy falters.
  • Owners argue there's no slowdown; demand persists for secure, exclusive spaces.

The Luxury Arms Race: More Than Just Membership

Aerial View of Core Club's 60,000-Square-Foot Megaclub

Instagram | Aerial View of Core Club's 60,000-Square-Foot Megaclub.

Think of it as an arms race, but instead of weapons, it's all about amenities. Core Club and its contenders are battling it out with a dazzling array of offerings:

  • Multiple dining spaces
  • Celebrity chefs
  • Wellness spas
  • Gyms
  • Bars
  • Pools
  • Nightclubs
  • Plush hotel suites
  • High-tech board rooms

Each club strives to outdo the other, creating a playground of opulence for its members.

The Price of Privilege

With luxury comes a price tag, and the entry fee is soaring. The Aman Club, nestled within Aman New York's lavish 83-suite hotel, demands a whopping $200,000 for membership, plus $15,000 in annual dues. Core Club's memberships, catering to both individuals and families, range from $15,000 to a staggering $100,000, with annual dues ranging between $15,000 and $18,000.

Concerns Amid the Boom

  • Members worry about oversaturation in big cities, fearing a recession impact.
  • Club owners remain optimistic, citing an ongoing demand for exclusive spaces.

The Social Club Renaissance: Is the U.S. Becoming London?

Picture a shift towards the London model, where social clubs like Annabel’s and White’s play pivotal roles in the lives of the upper crust. Soho House, born in London and now a global giant, sets the precedent. Core Club's CEO, Jennie Enterprise, sees a cultural alignment—privacy and curated communities in the era of social media.

Beyond Spaces: Core Club's Unique Appeal

Culinary Lab: Where World-Class Chefs Delight Core Club Members

Instagram | Culinary Lab: Where World-Class Chefs Delight Core Club Members.

Core Club's founder, Jennie Enterprise, unveils the magic behind the grandeur. It's not just about spaces and amenities; it's about community and a wellspring of ideas. Here's what sets Core Club apart:

  • Over 6,000 square feet of outdoor terrace space with Central Park views.
  • Luxury hotel suites, a spa, and a salon on the 15th floor.
  • Gym, juice bar, and the Dangene Institute for anti-aging skincare on the 16th floor.
  • Speakeasy-style lounge, culinary lab, and a wine library on the 17th floor.
  • State-of-the-art conference and board rooms, a screening room, and a flexible events space on the 18th floor.

From Concrete to Cultivation: Core Club's Cultural Hub

Sure, the amenities are world-class, but what defines Core Club is the essence of ideas. It's not just a club; it's an intellectual and cultural hub.

  • Between 150 and 200 cultural events annually, from performances to tastings.
  • A commitment to cultivating a community of diverse minds from media, sports, fashion, finance, science, technology, and beyond.
  • A space where members can endlessly cultivate themselves.

The Who's Who of Core Club: Members in the Shadows

Core Club's Flexible Events Space: Perfect for Exhibits and Parties.

Instagram | Core Club's Flexible Events Space: Perfect for Exhibits and Parties.

While Core Club guards its members' identities like a well-kept secret, past reports hint at a roster that includes Blackstone CEO Stephen Schwarzman, NFL Commissioner Roger Goodell, fashion mogul Tory Burch, Vornado CEO Steven Roth, and Estee Lauder Executive Chairman William Lauder.

Unlocking the Doors: Who Qualifies for Core Club?

With the new location doubling its size, Core Club is open for fresh faces. There's no single requirement, just a quest for interesting, curious individuals ready to enrich the community.

As the doors of Core Club swing open on Fifth Avenue, the city gains a new gem, a haven for the discerning, and a testament to the enduring allure of the private club experience. Welcome to the heights of exclusivity—welcome to Core Club.

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