With 23-foot ceilings, 16 rooms, a Swedish sauna and fireplace mantels that date back to the 17th century, the triplex penthouse at the top of The Pierre is a bit big for one person. So while Martin Zweig’s widow, Barbara Digan Zweig, is waiting for a buyer for the $125 million (or so she thinks) crown jewel of Fifth Avenue, she’s downgraded to more reasonable accommodations: a $12 million apartment in the same building.
Please sir can we have some more?
Today, the Pierre penthouse—what may well be the most lavish penthouse in all of New York—officially hit the market for $125 million—which is definitely the most lavish asking price in all of New York. It is also a full $55 million more than the penthouse was asking (and not getting) in 2007. But it’s art, you see.
“Because this is a one-of-a-kind penthouse, it was hard to set a price because nothing really compares. I think of it, and I believe the buyer will see it, as a work of art,” Sotheby’s broker Elizabeth Lee Sample told The New York Times, which reported the listing this morning.
Lifestyles of the Rich and Famous
A restaurant opening in the chandeliered halls of The Pierre, flagship of Taj hotels, held much promise for some unrepentant gorging, but we were tragically left empty mouthed at Sirio’s grand unveiling on Wednesday evening, with not a crumb going spare.
“We have a lot of dear friends, and a lot of people who love Read More
For a lot of people, $455,352 is the kind of money that buys a nice house in the suburbs or a one-bedroom apartment in New York. But for some, it’s just the cost of annual maintenance fees on an apartment at one of the city’s hotel co-ops.
Paramount Pictures chairman Brad Grey drops a half-a-million dollars a year for the maintenance fees on his 3,000-square foot apartment at the Carlyle, The New York Times reports, which charges the city’s highest monthly maintenance fees of $10.23 per square foot. And he had to shell out $15 million to buy the apartment in the first place.
During his life, king contractor Robert V. Tishman played a role in many of Manhattan’s biggest construction projects and real estate deals, including the construction of of both World Trade Centers.
Among the less-impressive pieces of real estate that Tishman, who died in 2010 at age 94, had in his real estate portfolio was a pleasant, if largely unexceptional two-bedroom co-op in the Pierre. It has been sold by his estate for $3.82 million.
The estate of famed financier and modern art collector Roy Neuberger has sold his apartment at the Pierre. Mr. Neuberger died last year at age 107, having spent 101 of those years in New York City. The apartment was never officially listed, according to Max Dobens of Prudential Elliman, who has worked in the building and did not work on this particular deal.
The famous hotel, which opened in 1930, was purchased and reopened by Taj Hotels and Resorts in 2009, and currently has 140 hotel rooms, 49 suites and 77 co-op units.
The newest residents of the Pierre are
Media Awards, Awards
Charlie Sheen has a history with New York hotels. The latest round of jaw-dropping interviews (and the ensuing catchphrases) may have overshadowed that fateful weekend in October at the Plaza, but it remains a integral part of his legend.
Mr. Sheen booked the Eloise Suite and proceeded to orchestrate perhaps the ultimate hooker-laden, coke-fueled Read More
What Happened, Ground Zero Mosque
Former NBC Universal CEO Jeff Zucker will be honored at the Center for Communication’s Annual Luncheon on Nov. 1, according to an update on the center’s website. At the ceremony Zucker will receive the Frank Stanton award for his work in media.
Zucker’s current work in media, however, is a bit up in Read More
Sharif El-Gamal, the principal of SoHo Properties and would-be developer of the “ground zero mosque” (getting really tired of putting those quotation remarks around it, will stop soon), says he’s not going anywhere—though he would sell if the price were right.
Anthony Malkin, owner of the Empire State Building, isn’t too fond of the Read More
Matthew Mellon has money to spare but that doesn’t mean the 46-year-old newlywed doesn’t drive a hard bargain. The heir to the Pittsburgh banking fortune and his recently wed wife, society siren and former Ralph Lauren designer, Rachel Hanley Mellon, just snagged a bargain two-bedroom at The Pierre. According to city records, the couple paid Read More