The Sky's the Limit
What real-estate slump? Prices for superluxury penthouses keep soaring
By Andrew Schroedter
(page 2 of 6)
WHERE: New York City
WHAT: Five-bedroom penthouse
HOW MUCH: $70 million
At a record-setting $70 million, the Hotel Pierre penthouse is expensive even by New York standards. The former ballroom at this prewar high-rise has been refashioned as a triplex unit with seven bathrooms, five fireplaces, and 360-degree views of the city. The New York Times proclaimed it “the world's best” penthouse.
Photograph: Leonardo Media Services B.V.
This article appears in the December 2007 issue of Chicago Magazine.
Did you like what you read here? Subscribe to Chicago Magazine »
Comments are moderated. We review them in an effort to remove offensive language, commercial messages, and irrelevancies.