The City’s Priciest Rental is a $500,000/Month Suite at The Pierre
Because if you’ve got the cash, why buy a $6 million home when you can rent one for a year at the same price? The WSJ reports that the newest most expensive rental in the city is located on the the 39th floor of The Pierre and it’s going for a cool half-a-million dollars a month. The floor includes the 2,000-square-foot Presidential Suite, which can combine with other rooms for a total of 4,786 square feet (or six bedrooms with six-and-a-half bathrooms), or be rented separately for $400,000 per month with the additional rooms ranging from $20,000 to $40,000 per month.
The Presidential Suite of this Upper East Side hotel residence is usually rented out to guests for an equally jaw-dropping $20,000 a night, but the upside to living it up for more than a night? No lease. The space can be occupied on a month-to-month basis for as little as 30 days.
If this sounds like a drop in the bucket to you, you’ll be giddy over the other perks that come with this suite. Occupants are afforded twice-daily maid service, an on-call physician, room service, two restaurants, and a chauffeur-driven Jaguar—though we can’t imagine why anyone would ever leave. Except maybe to hangout in Central Park, which the suite also overlooks. Sigh.