I don't know how gazillionaires go about finding new residences, but it probably doesn't involve laptops at Starbucks, Craig's List and bullshit descriptions like "cozy," "needs TLC" and "a fixer-upper's dream" — you know, euphemisms for "shithole shoebox."
But NYC's most luxurious for-sale homes do indeed live online.
Take this five-bedroom penthouse triplex at the Pierre Hotel. Take it, that is, if you've got $70,000,000 laying around.
What a bargain, though. Assuming a 20% down payment and a $56 million, 30-year mortgage at a current rate of 6.12%, your monthly payment (including a $38,720 maintenance fee) would be only $378,800.85. Sounds steep till you compare it to NASA's 2009 budget of $17.9 billion (don't worry, all the problems on this planet are solved) or even or the $80 million the Yankees paid for Carl Pavano and Kei Igawa.
For the more budget conscious: Four-bedroom space at the legendary Dakota for $18.5 million.
Also see: Priciest NYC real estate available.
Not all that attractive, frankly. I'd love to spend some time there, but it's too dated to seem modern and too new to seem classic. There must be a better way to spend $70M.
Posted by Uncle Mikey at June 15, 2008 1:33 PM