Travel
fromArchitectural Digest
10 months agoLuxury Long-Term Airbnb Rentals for Living Large Around the Globe
Long-term Airbnb rentals provide a luxurious and comfortable alternative for digital nomads and travelers seeking extended stays.
Billionaireism describes both the pathology that affects you when you are so wealthy that you're effectively above consequences and above moral consideration for others, and the pathologies that having a society dominated by such people inflicts on the rest of us.
Miller and Mars scoured lower Manhattan and Brooklyn for a brownstone that would meet their needs, but it wasn't until they discovered a gem nestled on a quiet Upper West Side block that they knew they'd found the one.
The five-bedroom Greek Revival residence spans roughly 8,000 square feet across six levels connected by an elevator. It also has multiple terraces with over 800 square feet of outdoor space.
BHI provided a $167 million construction loan to Yellowstone Real Estate Investments for the conversion of the Candler Building into a 176-unit residential tower with retail space, totaling $203 million in financing.
The street's ultra-luxury towers - from the first generation of supertalls west of Sixth Avenue that shaped the skyline, to mixed-use developments eastward 'driving the next phase of growth' - offer a dense concentration of cultural and lifestyle capital, paired with direct access to Central Park.
Earlier this week, former Howard Hughes CEO David Weinreb agreed to rent his West Chelsea penthouse for $177,500 a month, an eye-popping figure that followed a $95,000-a-month lease at a Naftali Group building on the Upper East Side in December. Data on trophy rentals is tough to pin down, but this is likely among the most expensive leases ever inked in New York City. The two hefty leases came as inventory for Manhattan's trophy rentals—which appraiser Jonathan Miller defines as the top 1 percent of the market, with rates starting at $25,000 a month—was down more than 40 percent year-over-year in January, as new leases climbed (albeit, at a more modest pace).