Property Description

NEW YORK'S BEST PIED-A-TERRE STRUCTURE.Buy at the Ritz-Carlton NoMad for the ideal ownership setup: have a pied-a-terre in New York, limited to 120 days of use per year, and put the property into the Ritz's hotel pool for the remaining days, while enjoying a revenue share of the profits. Ownership use is limited to 29-day consecutive periods and a total of 120 days per year. The building has legally circumvented local AirBnB laws and expertly markets and advertises to achieve some of the highest nightly rental rates in the city.Perched about 500 feet above New York's NoMad and sitting above a five-star hotel, PH42B is one of only sixteen residences designed by world-renowned architect, Rafael Vinoly. This home has quite literally some of the best downtown views in the entire city, and an owner gets to enjoy all-day light, exquisite finishes, five-star services and unrivaled amenities.Inside the residence is a Poliform kitchen with honed quartzite countertops and backsplash, bronzed cabinetry with LED lighting, and integrated Miele appliances. The ceilings are ten feet high and the apartment is accentuated by stunning white oak floors and custom millwork. The primary bath has Bardiglio Nuvolato marble walls and floors, a terrazzo sink, acid-etched glass shower and water closet enclosures, and a Duravit soaking tub.The apartment is completely furnished and will come outfitted with every accessory provided by the Ritz. Michelin-starred and twice named to Times 100 Most Influential People, Chef José Andrés will curate the in-residence cuisine, as well as operate two of his most celebrated restaurants ? Zaytinya and The Bazaar within the hotel.The hotel offers a dedicated, state-of-the-art wellness floor ? inclusive of the renowned Ritz-Carlton Spa ? the Ritz-Carlton Club Lounge, several event spaces and business services, as well as one of the highest bars downtown with 360 degree views, a ~ 3,000 SF event terrace and a range of meticulous à la carte services and exceptional amenities available at your disposal.

Property Features