An unnamed wealthy Middle Eastern traveler recently rented a luxurious penthouse at Trump Park Avenue for $52,500, only staying a few nights. The tenant's stringent preferences included new bedding and no fragrances, emphasizing cleanliness. New York's 2023 regulations have effectively banned short-term rentals, pushing affluent clients to rent apartments for a month while only using them for a few days, as hotel prices soar past $2,000 per night. Brokers note this trend as a response to soaring hotel costs and the demand for exclusive comfort.
They didn't want to sleep on a bed that anyone else had slept on... They didn't want anyone's shoes in their space. They didn't want contamination of any sort.
Since New York began enforcing regulations that act as a de facto ban on all short-term, Airbnb-style rentals in 2023, the practice of renting a luxury apartment for a full month... has become relatively commonplace in the city.
Now, prices for hotels have gotten so crazy that to get a suite at one of the better hotels in the city is running north of $2,000 a night.
The purpose of their meticulous stay in this nine-room perch... They only came for two or three days of shopping.
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