The Waldorf-Astoria
The Saudi royal family rented seven Waldorf-Astoria apartments last week for $210,000 a month, marking, according to Crain’s, “an all-time record for the city post recession.” The blockbuster deal includes apartments on the 37th through 41st floors of the legendary hotel (it wasn’t immediately clear which specific units were snapped up), which will provide housing for 29 people. While the family wasn’t working with any broker exclusively, Peter Acocello and Olivia Negron, who joined Prudential Douglas Elliman earlier this year, represented them on the deal, while Margaret Bay of Brown Harris Stevens was the listing broker. Gary Malin, president of rental brokerage Citi Habitats, reacted to news of the deal by telling Crain’s he’d “never heard of rent north of $200,000 a month.” [Crain's]




