NYC's Most Expensive Rental Costs $500,000 a Month

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Courtesy of TOWN Fifth AvenueThe most expensive rental in Manhattan history includes gasp-worthy views from the 39th floor of a Fifth Avenue hotel.
I have a soft spot in my heart for The Pierre, the midtown Manhattan hotel where my parents were married in 1950 on the heels of World War II. So, I'm pleased that someone loves the hotel as much as I do, and is able/willing to pay $500,000 per month for a 39th-floor, six-bedroom suite there, the most expensive rental ever in New York City -– for the moment.

The renter, who remains nameless to us peasants, also is renting a one-bedroom suite on the hotel's 10th floor for $150,000 a month, according to Therese Bateman and Andres Perea-Garzon, the TOWN Fifth Avenue listing agents who are marketing The Pierre Hotel Residences portfolio of 10 Grand Suites ranging in price from $75,000 to $500,000 per month. The mystery renter is leasing the suites for only about one month, from late November through December.

Courtesy of TOWN Fifth AvenueThe $500,000 suite is one of the hotel's collection of 10 Grand Suites, which start at $75,000 a month.

What's the renter getting for a half mil?

The entire 4,786 square-foot 39th floor, including six bedrooms and 6.5 baths; gasp-worthy views of Central Park and the city's east and west skylines; access to a private elevator, butler and maid service; a 24/7 concierge and use of a chauffeur-driven Jaguar.

Courtesy of TOWN Fifth AvenueThe Pierre's 39th-floor suite has six bedrooms, a private elevator and butler and maid service.

The Pierre hotel is located on 61st Street and Fifth Avenue, just a hop-skip-jump away from Central Park, Tiffany, Cartier, FAO Schwartz and a gazillion Madison Avenue boutiques.

"It is the epicenter of luxury," Bateman told AOL Real Estate. The renters also get to hobnob with The Pierre's exclusive co-op owners.

The Pierre hotel opened in 1930 and has appeared in many television programs and films. The famous tango scene in "Scent of a Woman" was shot in The Pierre's Cotillion Ballroom.

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$500,000 Rental in Manhattan's Pierre Hotel
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NYC's Most Expensive Rental Costs $500,000 a Month
The lobby of The Pierre hotel, where 24/7 concierge service is available to certain guests.
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Lisa Kaplan Gordon is a two-time Pulitzer Prize nominee, a home builder, and creator of FrugalGarden.com. When she's not writing, building, or helping gardens grow, she's fly fishing on catch-and-release streams. Follow her on Twitter (@kaplan_lisa) , Facebook (Lisa Kaplan Gordon) , and Google+.

CORRECTION: A previous headline said the most expensive rental was $150,000 a month. That is the amount on a second rental in The Pierre by the same tenant.
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