The former home of famed interior designer Robert Denning. Unparalled sophistication featuring a grand living / dining room, magnificent master bedroom suite and a guest bedroom for combined or separate use. Both units rent separately for additional income. Live the life of luxury when youre in town and earn premium rental income while youre away. Stephen P. Wald Real Estate Associates is the on-site broker at the Lombardy Hotel, one of New York Citys most exclusive addresses. Built in 1926 by William Randolph Hearst, The Lombardy Hotel has been home to legends such as Elizabeth Taylor & Richard Burton, Richard Rodgers & Dorothy Belle Feiner. It offers an unparalleled pre-war elegance and boutique appeal. Oversized studios, one, two, three & four bedroom suites are available for purchase and long term rental. Full hotel services include twice daily maid service, bell man and concierge services, fitness center, business center, Nicos Beauty Salon and valet parking. On site hotel restaurant, American Cut and 9th Street Espresso bar. The Lombardy Hotel is situated in the heart of the Mid-Town East, close to fine dining, shopping and art galleries and the Theatre District. The owners rental program is the best in New York. Corporate, trusts and foreign purchasers are welcome.
Midtown East, which encompasses the Plaza District, is home to many the largest financial institutions in the world. Hedge funds, asset managers, financial advisors and investment banks fill the renowned Class A office buildings between 34th and 59th Street on Park Avenue, Madison Avenue, Fifth Avenue, and the like. Many law firms, accounting firms, media companies and insurance agencies have offices in Midtown East as well, which makes it a networking nucleus for the world’s most powerful people. Rockefeller Center, The Empire State Building, Grand Central Station, The Seagram Building, The Lipstick Building, The MetLife Building, The GM Building, The Chrysler Building, and The Helmsley Building are just a few of the landmark properties that distinguish Midtown East from the rest of Manhattan. Whereas Midtown East has notoriously been known for having some of the most expensive commercial real estate in the world, we’ve seen steep declines in per square foot prices since September 2008 which is a direct affect of the problems on Wall St and excess sublet space surfacing on the market. Midtown East includes the Park Avenue district, the Grand Central district, the 6th Avenue district and Rockefeller Center.