The Pierre

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The Pierre

795 Fifth Avenue

Coop in Upper East Side

5 ApartmentsApts for Sale

View the CityRealty Profile of The Pierre

August 2, 2017

After four years on the market, $125M Pierre penthouse sells for a paltry $44M

By Devin Gannon

The 16 room triplex that takes up the 41st, 42nd and 43rd floors of the legendary Pierre Hotel has finally sold for $44 million, a huge drop from its original $125 million asking price. Located at 795 Fifth Avenue, the penthouse was owned by Barbara Zweig, the widow of financier Martin Zweig, who first listed the property in 2013 after her husband’s death. According to The Real Deal, the pad features a library, four terraces, private elevator and costs $51,840 per month to maintain.
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February 28, 2017

City’s most expensive rental is back for $500K/month, chauffeur-driven Jaguar included

By Michelle Cohen

As 6sqft asked when the 39th floor at The Pierre Hotel at 795 Fifth Avenue hit the rental market two years ago, if you’ve got the cash, why buy when you can rent for $6 million a year? Now that opportunity to refresh your enormous outlay every month is again seeking a renter at $500,000/month, keeping its title as the city’s most expensive rental. The massive 4,786-square-foot space has merely a butler’s kitchen, but the assumption is, of course, that you wouldn't want to be slaving over a hot stove in a full-service hotel anyway. And that service includes twice-daily maid service, an on-call physician, room service, two restaurants and a chauffeur-driven Jaguar.
See what this hefty price tag gets you

January 29, 2015

Reduced! $125 Million Pierre Penthouse Now Asking Just $63 Million

By Aisha Carter

Desperate times call for desperate measures? This dazzling former home to eccentric stock investor Martin Zweig has just received a near 50 percent price cut by the late investor's widow, Barbara Zweig, who is now asking a mere $63 million. The 41st floor co-op at the Pierre first hit the market in 2013 for what would have been a record-breaking $125 million, but the home didn't sell—even after being slashed to $95 million in December 2013. Now it looks like Zweig just wants to rid herself of the property which occupies the top three levels of the Pierre. The penthouse is the highest prewar co-op apartment in Manhattan, meaning not only do you have views of the skyline, but you're also part of the skyline. But that's not to discount the 360-degree vistas of the city, which include all of Central Park. So, will someone bite at $63 mill?
Let's take a look inside

Distinctive Homes

October 31, 2014

The City’s Priciest Rental is a $500,000/Month Suite at The Pierre

By Diane Pham

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.
Find out more here

Distinctive Homes

July 24, 2014

Do Not Disturb! Peeking Into the NYC Condo Hotel Market

By Dana Schulz

Who wouldn't want to be able to order a juicy burger in the middle of the night and have it delivered in mere minutes? Or never have to worry about making the bed or folding sheets ever again (does anyone know how to fold the fitted sheet properly)? How about having an on-call masseuse? This is the life of living in a condo hotel. Today, the city is teeming with these luxurious hybrids. The Residences at the Ritz Carlton in Battery Park City are home to the city's most expensive listing at $118 million. The landmark Plaza Hotel was partially converted to 181 residences in 2008. And let's not forget One57, the 90-story, 52-condo tower that will be the first five-star luxury hotel to rise in New York City in the last ten years. But do the vacation-worthy amenities at these buildings make them dominant in the real estate market?
We take a closer look

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The Pierre

After four years on the market, $125M Pierre penthouse sells for a paltry $44M

City’s most expensive rental is back for $500K/month, chauffeur-driven Jaguar included

A Pierre One-Bedroom Going for $120,000/Month; Rem Koolhaas Design Coming to the High Line

Reduced! $125 Million Pierre Penthouse Now Asking Just $63 Million

The City’s Priciest Rental is a $500,000/Month Suite at The Pierre

Do Not Disturb! Peeking Into the NYC Condo Hotel Market

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