schmancy

schm- +‎ fancy

• (General American) IPA^(key): /ˈʃmænsi/, [ˈʃmeənsi], [ˈʃmɛənsi] (see /æ/ raising)

schmancy (comparative schmancier, superlative schmanciest)

1. (informal, derogatory) Fancy, especially in a contrived or pretentious fashion.
   • 2007 August 10, Lynn Harris, “On the Roof, a Weaning From Weeding”, in New York Times‎:

     But thanks to the charmless chunk of schmancy condos now going up on Brooklyn’s Fourth Avenue (the Champs Élysées of auto parts stores), the rooftop sunsets we savored in summers past were, it turns out, our last.

Usually in combination with fancy, as below.

• fancy-schmancy