Most Expensive Manhattan Apartment rents for 165,000 a month

Most Expensive Manhattan Apartment rents for 165,000 a month

Posted on 19. Dec, 2011 by in News

After two years of renovation, one of Manhattan’s most expensive rental apartments foxtrotted its way onto the market. The $165,000 a month Astor Suite, located in New York’s renowned Plaza Hotel once hosted American presidents, foreign royalty and the ultra wealthy. The cost of rent per month is more than the average American household earns in three years. With 4 bedrooms, 6 baths, and 5,087sqft, the annual rent comes to about 1.98 million dollars.

The luxurious residence once was the home of New York bluebloods the Vanderbilts and Astors, later becoming the hotel’s presidential suite. Beautiful hand crafted decorations; exquisite works of art and the finest furniture are found throughout the apartment that conveniently faces Central Park and Fifth Avenue. The famous designer Steven Gambreil scouted Europe’s luxury estates searching for inspiration as he led the renovation process for owner Jurgen Friedrich. “The owner spent millions on furnishings and art,” says the Prudential Douglas Elliman listing agent, Melanie Lazenby.

Source and Slideshow! http://money.cnn.com/galleries/2011/real_estate/1112/gallery.Manhattan-s-most-expensive-rental/index.html

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