The Nest

NestApple's Real Estate Blog

Featuring real estate articles and information to help real estate buyers and sellers. The Nest features writings from Georges Benoliel and other real estate professionals. Georges is the Co-Founder of NestApple and has been working as an active real estate investor for over a decade.

25 West 28th Street, Unit PH40C

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INCOME PRODUCING PENTHOUSE

Delivered fully furnished and move-in ready, Penthouse 40C presents a rare opportunity as a luxury pied-a-terre or an income-producing investment. Owners, their families, and guests may enjoy the residence for up to 120 nights per year, while The Ritz-Carlton’s expertly managed Rental Program offers seamless nightly, weekly, or monthly leasing options when not in use.

Soaring nearly 500 feet above Manhattan’s iconic skyline, and at the top of the newest tower by internationally acclaimed architect, Rafael Vinoly, PH40C offers an extraordinary, high-floor 989 SF 1-bedroom, 1.5-bathroom western penthouse suite with unparalleled panoramic views through oversized picture windows-with 12-foot mullion-free panes south to One World Trade, the Statue of Liberty, and well beyond.

PHC is the largest 1-bedroom penthouse residence- featuring premium custom interiors with white oak floors and millwork throughout. With over 10-foot ceilings, the luxurious and sophisticated space includes a Poliform kitchen with honed white Quartzite island, backsplash and countertop, as well as Bronzed glass cabinetry with integrated LED lighting. A top-of-the-line Miele appliance suite with double (speed steam and convection) ovens, an induction stove and dual-zone wine storage complete this perfectly conceived kitchen.

The lavish primary bathroom emanates luxury with Bardiglio Nuvolato marble floors and walls, a Duravit deep soaking tub and Dornbracht fixtures. A separate shower and water closet with frameless, acid-etched glass doors, dual ceiling mounted rain-shower and slide-bar fixtures, as well as a custom-carved Terrazzo double-sink elevate the spa-level bathroom experience. The separate powder room features honed marble floors and a custom-carved Terrazzo sink and basin. Additional details include an owner’s closet to store belongings when not in town, Miele stacked washer and dryer, and a Lutron panel for lighting and drapery controls.

Unlike any other product ever developed in Manhattan, the Penthouses Residences are the perfect NYC pied-a-terre, replete with The Ritz-Carlton gold-standard of service, best-in-class amenities and helicopter views. .

Offering price includes a custom, fully furnished and turn-key residence.

The Ritz-Carlton Residences, New York, NoMad are not owned, developed or sold by The Ritz-Carlton Hotel Company, L.L.C. or its affiliates (“Ritz-Carlton”). RP 1185, LLC uses the Ritz-Carlton marks under license from The Ritz-Carlton Hotel Company L.L.C.



Written By: Georges Benoliel

Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.

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