This Could be New York’s Most Expensive Penthouse – $120 Million Martin Zweig’s Pierre Penthouse

If the rumors become true, Martin Zweig’s Pierre penthouse could be New York’s most expensive penthouse. A triple-storey penthouse on top of one of New York’s Pierre hotel is about to hit the market and break the record books by going on sale for a whopping $120 million.

The apartment has not yet been officially listed. But if it is listed for more than $100 million, it will become the most expensive apartment for sale in New York City.

Martin Zweig's Pierre Penthouse
Martin Zweig’s Legendary Penthouse Could Sell For $120 Million

This 12,000-square-foot triplex with a ballroom, four terraces, and views of Central Park, was owned by Martin Zweig, a stock investor and market, expert who died last month at the age of 70 and was well-known for predicting the 1987 stock market crash. As property website Curbed reports, one broker once called the ballroom: ‘The most important room in private ownership in New York City.’

The penthouse was originally purchased for just $21.5 million back in 1999. In 2004, the place failed to sell when listed for $70 million. We’ll see if the price of $120 million is good enough for new owner.

The Pierre hotel at the east 61st Street, has 75 apartments and permanent residents have included Elizabeth Taylor and Yves Saint-Laurent.

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Martin Zweig's Pierre Penthouse
Martin Zweig’s Pierre Penthouse
Martin Zweig's Pierre Penthouse
The building itself has 75 apartments which has been graced by the likes of Elizabeth Taylor and Yves Saint-Laurent in their lifetime
Martin Zweig's Pierre Penthouse
One of the city’s most glamorous penthouses, a 12,000-square-foot triplex atop The Pierre hotel, is about to hit the market
Martin Zweig's Pierre Penthouse
The triplex previously owned by Martin Zweig boasts a spectacular ballroom looking out on Central Park
Martin Zweig's Pierre Penthouse
The property is on the top three floors of The Pierre hotel with chandeliers in almost every room
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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.


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