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‘World’s most expensive rental property’ at US$500,000 a month

Posted by: In: Real Estate 03 Nov 2014 Comments: 0 Tags: , , , , , , , , , , ,
The 39th floor of The Pierre Hotel Residences is possibly the world's most expensive rental property

The 39th floor of The Pierre Hotel Residences is available to rent, for the princely sum of US$500,000 a month, making it possibly the world’s most exclusive rental property, says its US agent

What is claimed to be the world’s most expensive rental property is on the market – at US500,000 per month.

New York luxury real estate services firm, TOWN Fifth Avenue, has launched The Pierre Hotel Residences portfolio of 10 Grand Suites, in New York and is set to attract domestic and overseas demand.

It includes the record-breaking rental of the entire 39th floor, which is the most expensive rental property in Manhattan, and possibly the world.

The full 4,786 square feet 39th floor, which includes the Presidential Suite, has never been offered for rent before. It includes a formal living room, dining room, sitting room, six bedrooms, six and a half bathrooms and views over Central Park.

TOWN Fifth Avenue Broker, Therese Bateman, says, “With a location recognized around the world as the epicenter of luxury, the availability of this remarkable property meets an unmet demand for large rental apartments with terms that cater to the specific needs of each individual.”

Heiko Kuenstle, General Manager of The Pierre, says, “We are delighted to be working with TOWN Fifth Avenue to launch The Pierre Hotel Residences, our flexible-term luxury leasing program. Guests will be able to stay with us for an extended period of time and have sole access to the full Presidential Suite floor in its entirety, as never experienced before.”

The Pierre Hotel Residences have access to The Pierre’s bespoke luxury services including the Taj Royal Attaché, butler service, 24/7 Concierge, maid service, and the hotel’s chauffeur-driven Jaguar.

TOWN Residential specialises in luxury residential sales and leasing and employs more than 600 licensed professionals and staff in its new corporate headquarters at 25 West 39th Street and 10 offices.

The Pierre Hotel is an exclusive Forbes Travel Guide Five-Star and AAA Five Diamond property and a member of Leading Hotels of the World, It has also been named one of Condé Nast Traveler’s Top 25 Hotels in New York City 2014 and the Top Large City Hotels in the United States in Travel + Leisure’s 2014 World’s Best Awards.

By Adrian Bishop, Editor, OPP Connect
Twitter: @opp_connect

Source: OPP


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