See What You Get for $500,000/Month in NYC

City's most expensive rental breaks records
December 8, 2014 Updated: July 18, 2015

NEW YORK—The 39th floor of the Pierre Hotel is the most expensive residential rental in New York City. The six-bedroom, six-and-a-half bathroom apartment, at the southeast corner of Central Park on East 61st, spans 4,786 square feet, and costs $500,000 a month.

A tenant has signed a lease for the entire 39th floor, which includes the Presidential Suite and a private elevator landing. The tenant also leased the Getty Suite for an additional $150,000 per month.

The Getty Suite is a one-bedroom apartment that opens to a 920 square foot furnished terrace with a private garden.

Therese Bateman and Andres Perea-Garzon of TOWN Fifth Avenue signed the record-breaking lease, for the end of November and through to the end of December.

The TOWN agents launched The Pierre Hotel Residences portfolio of 10 grand suites at the end of October this year. It is the first time that the 39th floor has been available to lease, through an extended term luxury-leasing program.

The residences have access to The Pierre’s bespoke luxury services, including the Taj Royal Attaché, butler service, concierge, maid service, and the hotel’s chauffeur-driven Jaguar.