December 20, 2013

Inside New York’s Most Expensive Penthouse at $125 Million

The penthouse at the distinctive top of the Pierre Hotel, owned by the late investor Martin Zweig, is on the market for the stunning price of $125 million. Dethroning the $110 million One57 Penthouse as the most expensive listing ever in Manhattan, it offers beautiful 360-degree views of Manhattan, Central Park, the Hudson and East Rivers, the sprawling penthouse encompasses the entire 41st, 42nd, and 43rd floors.

Inspired by Versailles, the opulent triplex penthouse features four adjoining terraces, five master bedrooms, 6 full baths and three half-baths, five working fireplaces and separate guest suites plus accommodations for the staff. Off of the main entrance are the penthouse’s secondary interior stairs, private elevator, main kitchen and a staff bedroom with bath.

Unfortunately (or maybe fortunately), the price of $125 million does not include Zweig’s furnishings and fine art.

Pierre Hotel was once owned by J. Paul Getty, who bought it in 1938 and converted it to a co-op in 1959. Zweig paid $21.5 million for the penthouse back in 1999, a record at the time.

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