50-Story Baccarat Hotel & Residences New York to Open in 2014

Ultra luxe the glass-walled
Baccarat Hotel & Residences in New York scheduled to open in 2014 will be available only to world’s most discerning and ultra rich connoisseurs. Starwood Capital’s and Tribeca Associates’ in-progress Midtown crystal palace located just off Fifth Avenue on 53rd Street directly across from the Museum of Modern Art will offer 61 private residence as well as 114 hotel rooms including 26 suites. The range for units in size will be from 1,000 square feet to 7,400 square feet, but there’s also the option to combine units in this 50-story tower. The one-bedroom will cost $3.5 million, while a duplex penthouse atop the tower will cost $60 million.
Baccarat Hotel & Residences New York

Baccarat Hotel & Residences New York

“Guests and residents (will) admire the company’s artisanship and commitment to perfection in both service and design,” said Barry Sternlicht, whose Starwood Capital Group owns Baccarat. The outside was designed by Skidmore Owings & Merrill, the residences inside by Tony Ingrao. Among Ingrao’s design choices: custom bronze-work crackled with crystal, modern furnishings and floor-to-ceiling windows that capture the natural light outside and reflect a shimmering brilliance throughout each space. He is also making sure to incorporate a Baccarat chandelier as a signature feature in the foyer of each residence, to reinforce the branding and known style of the brand. The hotel will have a crystal bar with a Parisian terrace reminiscent of the Tuileries Garden, and a bar and restaurant. Lucky apartment owners will have access to all luxury hotel amenities and services including personal concierge and housekeeping services, 24-hour in-residence dining and access to the spa, indoor pool and fitness facility. Total cost on the project is estimated to be slightly more than $400 million.
Baccarat Hotel & Residences New York

Residential owners will have complete access to all luxury hotel amenities and services

Baccarat Hotel & Residences New York

With prices ranging from $3.5 million to $60 million, Baccarat Residences offer layouts from approximately 1,000 square feet to 7,400 square feet, with the option for buyers to combine units

Baccarat Hotel & Residences New York

Designed by the award-winning architects of Skidmore Owings & Merrill, the striking 50-story glass tower will feature 61 private residences

Baccarat Hotel & Residences New York

Starwood Capital Group, in partnership with Tribeca Associates, announced the official start of sales for Baccarat Hotel & Residences New York

Sherry-Netherland’s Apartment on Sale for $95 Million with $60,000 in Monthly Maintenance Fees

These days, prices of luxury apartments in Manhattan reached $100 million. Relying on current gilded wave on real estate market , Gilbert Haroche, has listed his apartment at the 18th-floor of the Sherry Netherland Hotel for an astronomical amount of $95 million. To be more interesting, future wealthy buyer must be really wealthy, since monthly maintenace fees for this full-floor residence is $60,000.
Luxury Apartment in Sherry-Netherland Hotel

Luxury Apartment in Sherry-Netherland Hotel

The Sherry Netherland Hotel is a 38-story apartment hotel located at 781 Fifth Avenue on the corner of East 59th Street in Manhattan, New York City. It houses 165 apartments that were converted to co-ops in 1954. There are only 54 hotel rooms and suites, but in the tower above the 24th floor there are single apartments to a floor. Luxury co-op, listed on sale spans the whole 18th floor of the building, so it can be accessed from three of the building’s attended elevators. The apartment has 7,000 square feet and an additional 2,000 square feet in outdoor space and two sweeping terraces. The expansive south-facing terrace has views of the Plaza Hotel and the Empire State Building, while the west terrace faces Central Park. This residence boasts seven bedrooms, seven baths and two half baths, the eat-in kitchen and formal dining room. The listing comes with two staff rooms on separate floors. The master bedroom suite has a smaller but still substantial terrace facing north to Central Park and the Upper East Side. The apartment is part of the hotel, so monthly maintenance fees that come with this apartment will cost new buyer around $60,000. For that price, he will get daily housekeeping and turndown service, 24-hour concierge, and room service from Harry Cipriani, the glossy restaurant downstairs. Must mention, notable residents have included Diana Ross and Charlie Rose. This kind of residence in midtown NYC’s legendary Sherry Netherland isn’t available very often, so this is once in a lifetime chance to buy this full-floor fifteen room lavish apartment in triple mint condition. Life at the Sherry has been an expression of privilege since its construction in 1927. So, go ahead! [Douglas Elliman]

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Luxury Apartment in Sherry-Netherland Hotel

The 18th floor of the Sherry-Netherland, currently on the market for $95 million, has monthly maintenance fees of $60,000

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David Geffen Pays $54 Million for Duplex Penthouse – Record High for a NYC Co-op Apartment

Grammy-nominated songwriter and socialite Denise Rich, who recently renounced her American passport to save millions in U.S. taxes and now live in London has sold his ultra-lavish Fifth Avenue penthouse for $54million, $11 million less than asking price. Lucky buyer of this stunning penthouse on Manhattan’s Upper East Side, in which even the Prime Minister of Qatar showed his buying interest, is billionaire media mogul David Geffen. This deal between Rich and Geffen marks the highest price ever paid for a co-op in Manhattan!
  The co-founder of Asylum Records and DreamWorks, Geffen purchased the 12,000-square-foot duplex at 785 Fifth Avenue with an additional 5,000 square feet of exterior space with wrap-around terraces, making it one of the largest apartments in Manhattan. Located right outside of Grand Army Plaza, the Plaza Hotel, and Central Park, this luxury 7 bedrooms and 11 baths duplex boasts a grand salon with marble floors,11ft ceilings and custom mahogany doors on the upper level, while the lower level has a media room, billiard room, a gym and a professional recording studio. Currently, there are also a three kitchens, a wood-paneled library with wet bar and staff quarters. The dining room, which is off of the chef’s kitchen, can seat 22, and leads to one of three terraces.The master bedroom suite has a movie projector, a fireplace, and his-and-hers bathroom suites. Other features include a recording studio, an exercise room with a sauna and adjoining “hair salon,” and a private rooftop garden. David Geffen already owns an apartment in the same building, right below this newly duplex, but reportedly he isn’t satisfied with the space, so he plans to renovate it and sell it, once he moves into the duplex, which also plans to renovate.


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$25 Million for Sarah Jessica Parker’s Manhattan Townhouse

Sarah Jessica Parker and Matthew Broderick can’t seem to settle down in one place. Just like Carrie Bradshaw changes the shoes in Sex and the City, Parker likes to change homes. The famous couple only purchased a townhouse in Manhattan’s Greenwich Village for $18.995 million, and now, 18 months later, they have thrown it
back on the market for $24.995 million. Reportedly, Parker and Broderick have renovated the home, in which by the way – they have never lived. The couple decided to sell because of a lack of privacy at the home. Well, who is crazy here? The 6,800 square feet Greek Revival-style townhouse, located in the Greenwich Village area, just off Fifth Avenue features outdoor decking and lush greenery for privacy. Six bedrooms and five bathrooms spread over five floors. The bottom floor – or garden floor has direct access to an outdoor south garden, as well as a designer Boffi kitchen, breakfast room, pantry, storage and bedroom. The first floor features a double parlor with 12 foot ceilings opens from the home’s entrance, as well as bar from which, there is also access to an outdoor south garden, connected to the kitchen. Going up on the third floor, there are three bedrooms, library and reading area. The fourth floor holds the entire master suite with its spectacular bathroom, walk-in closets, dressing nook and master terrace. Finaly, the fifth floor with 11 foot ceilings features giant family room, media area, office and mechanical room. This stunning place is also equipped with seven working fireplaces, granite/stone countertops, a five-zone Heating Ventilation Air Conditioning system, and state-of-the-art security system that includes a video intercom and five camera. While Sarah Jessica Parker and Mattew Broderick are waiting to sell the house and on that way to earn $6 million, they live in Manhattan’s West Village with children James, nine plus twins Marion and Tabitha Broderick, three.

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The Woolworth Mansion Off Fifth Avenue – Most Expensive Mansion In Manhattan

The Woolworth Mansion Off Fifth Avenue The Woolworth Mansion Off Fifth Avenue A French Gothic townhouse in Manhattan was put on the market at $90 million last Friday. The entire idea of this exorbitant asking price is to scream out in headlines and generate publicity for the lavish property, situated on East 80th Street. Built in 1916 for a daughter of American businessman Frank Winfield Woolworth, the 35 foot-wide mansion has been fully renovated in a ‘traditional prewar style,’ states the listing description. This property is the central one of the three, and is seven stories high with a total area of more than 18,000 square feet. The house, with its limestone facade, is beautifully maintained and features a 14-foot ceiling on its parlor floor. Additionally, it has 10 bedrooms, 3 kitchens, 11.5 bathrooms, an elevator, a formal dining room with a capacity of 50 people and a large paneled library, running the full width of the construction.