If this 12,000 square foot penthouse on the top three floors of the luxury Pierre hotel sells for $120 million, it will become the most expensive in New York and one of most expensive properties in the United States. Its owner, stock investor Martin Zweig, who is well known for predicting the 1987 stock market crash, died last month at age 70. A source said that the luxurious three-storey New York penthouse could sell for $100 million to $120 million or higher. Interestingly, it was bought for just $21.5million in 1999.
The penthouse boasts four terraces, five fireplaces, a ballroom and offers magnificent views of Manhattan. Most of the rooms in the penthouse has chandeliers. Curbed notes that one broker once called the ballroom of this triplex the most important room in private ownership in New York City. In all, the building has 75 apartments and personalities like Elizabeth Taylor and Yves Saint-Laurent have permanently stayed here.
