Rental pick of the week

This sky-high Billionaires' Row apartment is listed for $59,000 a month

By Alanna Schubach | December 5, 2017 - 10:00AM 

The apartment has some nice views of Central Park, but come on.


Why would someone spend more than the typical New Yorker makes in a year every month to rent an apartment? The proposition seems to be that if you can afford to rent in the super-tall One57 condo building on Billionaire's Row, money is no object. In this five bedroom, five and a half bath, $59,000 a month gets you a perfectly okay 5,000 square feet of space, decent Central Park views, we guess (57th Street isn't exactly on the park, if you know what we're saying), and some interior design features that seem inspired by Miami Vice.

For context, this is #53B in a 90-story building where the penthouse sold to an anonymous buyer in 2015 for $100 million, setting a new record for a single residence sale price. So this isn't even the most swanky or decent-view-having apartment in the building. Still, I suppose we can allow that it's pretty nice. More or less.

An open-plan living space with wraparound floor-to-ceiling windows overlooks the park and has a working fireplace. The curved bar with built-in bottle storage wouldn't be out of place in a nightclub.

Beyond is a separate kitchen, equipped with two islands, a dining area, and all the high-end appliances you'd hope for when dropping enough cash every month to buy several semi-recent model Honda Civics with reasonable mileage. Adjacent to the kitchen is a large, sunny breakfast room that could double as an office. 

At the opposite end of the apartment is a master suite with city views and a walk-in closet worthy of Carrie Bradshaw, if she was dating a Peter Pan-syndrome-suffering media executive who occasionally sends his assistants to wait on line at Supreme for him. The en-suite bath is lined with marble and features double sinks, plus a separate shower and tub. 

There are more clubby accents in the four bedrooms, each of which comes with a sizable closet and its own en-suite bath. 

The apartment is also outfitted with smart home technology of some kind, and the building itself has a gym, a pool, a parking garage, and storage, as well as doorman and concierge service. The apartment can be rented fully furnished for a a mere $6,000 more a month.

If you had enough money to spend 60 grand a month no problem, would you spend it this way? Or do you have ideas of how this amount could be better allocated? Let us know in the comments.



Alanna Schubach

Contributing writer

Contributing editor Alanna Schubach has over a decade of experience as a New York City-based freelance journalist.

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