In 2000, the building was bought by Sotheby's, which spent approximately $140 million dollars above and beyond the $11 million purchase price to have Architects Kohn Pedersen Fox expand the building into a 10-floor, 470,000-sq. ft. "ethereal box," with glass facades in "various degrees of transparency." Sotheby's sold the building to RFR in 2002 for $175 million, retaining the option of a lease of the space for at least 40 years. The lease arrangement, presumably, will not change when the next owners come in.
Filed under: Estates
Filed under: Luxury Travel & Hotels
Hotel prices are rising so quickly that it's a wonder anyone can keep up with them. The situation isn't helped by the fact that everyone ones to be the one to offer the most expensive, most luxurious suite possible. The average hotel room costs around $90 per night and that number increases every year. Some hotels, of course, are simply not equipped to offer $25,000 per night rooms, but it won't be long before the benchmark set by the Atlantis is surpassed. In fact, rumor has it that New York's Four Seasons Hotel is about to offer a room for $30,000 per night.
Forbes has the newest list of the US's most expensive hotel rooms. Starting at $10,000 per night, these super suites offer a super stay to celebrities and business people every day of the year. The highest priced suites include:
The Penthouse at The Setai in Miami costs $25,000 per night. It includes a personal butler, Andrew Marston, who used to supervise the Buckingham Palace staff. The suite also has four bedrooms, two of which are master suites, and twin living rooms.