The Phillips Club is a private, member-owned, residential club with luxurious studio, one- and two-bedroom apartments. It also features a variety of amenities and services designed to provide convenient, hassle-free visits. Commanding a prestigious location just across the street from Lincoln Center and a stroll from Central Park, The Phillips Club graces one of Manhattan’s most vibrant neighborhoods.
Frequently Asked Questions
Fractional Ownership
Ownership is evidenced by a real estate deed, which is recorded and guaranteed by a title insurance policy. Each owners owns a one-eighth tenancy-in-common deeded fee interest in one of The Club’s residences. Members also own the elegant furnishings and accessories in the residences.
Yes. An Ownership can be held in a corporate name. The Ownership designates an individual who is responsible for requesting lodging reservations in accordance with The Club’s LRPP.
Yes. Families or individuals may form a partnership, trust or other legal entity which can own a single membership. It will be up to the joint owners to allocate Club lodging for that Ownership in compliance with the LRPP.
No. Timeshare is typically the ownership of a specific week, and lodging availability is limited. Phillips Club Owners have access to all Club residences of their membership type and all Club facilities with the right to use anytime, subject to the LRPP. The ownership structure and the reservation policies have been designed to provide flexible use and ample lodging for both business and leisure visits.
The Phillips Club is designed to provide more convenience, services and amenities than are provided by an equally luxurious Manhattan condominium development; provide each Owner with ample lodging for business and leisure use; and reduce the real estate cost through shared ownership. The Phillips Club offers an alternative to expensive and less spacious luxury hotel rooms while conveying real estate ownership in one of Manhattan’s most exciting neighborhoods.
Yes. This ownership concept has been well-received by buyers at some of the country’s premier resorts, such as Vail, Colorado; Telluride, Colorado; and Deer Valley, Utah, along with the first phase of The Phillips Club. Each is owned and operated much like The Phillips Club. The Phillips Club differs from the resort clubs by offering the value of business use as well as leisure use.
If all Owners use their Club equally throughout the year, each Owner would have a minimum of 45 days use. However, there is no limit to the amount of use. If some Owners use The Club less than their available time, other Owners will be able to use it more.
The Phillips Club reservation policies allow Owners to reserve visits well in advance while also accommodating Short-Notice Visits. In the spring, Owners reserve their Annual Visits for the coming year. Reserved Visits and Short-Notice Visits are reserved throughout the year.
The Phillips Club has been designed to equitably allocate Annual Visits when demand for lodging may exceed supply. A rotating priority reservation system ensures all Owners will have equal access to peak-period Annual Visits over the years. Reserved Visit and Short-Notice Visit reservations are on a first-come, first-reserved basis.
No. To provide greater flexibility and availability, Owners have equal access to all Club residences of their ownership type (studio, one-bedroom, executive one-bedroom, and two bedroom). Owners may request a specific residence and this request will be granted, when possible.
Yes. Because Owners are not restricted to a particular residence, they can reserve more than one residence of their ownership type at any given time. It is possible that an Owner could have as many as four residences reserved for the same time period (using all Annual, Reserved and Short-Notice Visit privileges) if they are available.
If Members attempt to make a Short-Notice Visit reservation within 48 hours of arrival and all Club Residences within that Member’s Club Residence
category are reserved, Members may reserve an Alternative Club Residence for a maximum of two nights per visit. An Alternative Club Residence may not be occupied by Unaccompanied Guests. Members lodging in an Alternative Club Residence are required to pay the housekeeping fees normally charged for that Club Residence category. Members may not reserve an Alternative Club Residence if any Club Residences of their Membership category are available.
Yes. The annual owner dues pay for the professional management and operation of all Club facilities and amenities. Included in these annual dues are funds for staff salaries, supplies, maintenance, window washing, trash removal, legal/accounting, fuel, utilities, property taxes, and a reserve fund.
When fully subscribed, The Phillips Club will be operated for the exclusive use, enjoyment and benefit of Owners, their families and their guests. Prior to full subscription, public use will be permitted. However, this type of use will not diminish lodging availability for Owners.
No. Owners do not pay for use of Club residences. However, Owners do pay for housekeeping and additional requested services.
Yes. A housekeeping fee will be charged for each visit. Owners receive Light Housekeeping Service daily, which includes fresh towels, surface cleaning of the kitchen and bathroom, trash removal and bed making. Owners and guests may request Full Housekeeping Service at an extra charge. Please see the Financial Information sheet for Daily Housekeeping Service charges.
When The Phillips Club Owners take control of The Club as prescribed by The Club Documents, which comprise The Club Declaration, The Club By-Laws, The Club Rules and Regulations and The Club Reservation Procedures, and the Offering Plan, a Owner-elected Board of Directors establishes budgets and fees on an annual basis. Prior to that time the Sponsor controls the affairs of The Club.
Club construction is of the highest quality with elegant furnishings in each residence. The accessory package includes bedding, linens, kitchen utensils, cookware, flatware and silverware. All the Club residences were freshly renovated in 2025.
Yes. Like any other form of real estate in New York, the Owner’s ownership interest can be sold or transferred by the Owner, subject to The Club and Condominium Declarations and Bylaws.
Yes. Owners are allowed to bring a pet dog weighing 65 pounds or less. Due to allergy concerns, pet cats are not allowed.
Yes. The Phillips Club2 has been selected to participate in the prestigious Elite Alliance exchange program Elite Alliance. Your Phillips Club membership includes an Elite Alliance membership, providing exchange privileges with owners at a select and expanding family of residence clubs and other resort properties in coveted national and international destinations.
A SMARTER WAY TO OWN IN MANHATTAN
Enjoy the freedom of ownership without the full-time responsibility. For more information, please contact Ed Schnatterly at (877) 644-8900 or complete the form below for email correspondence.
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