Starwood Capital Group, in partnership with Tribeca Associates, announced the official start of sales for Baccarat Hotel & Residences New York, located just off Fifth Avenue on 53rd Street directly across from the Museum of Modern Art.
Designed by the award-winning architects of Skidmore Owings & Merrill, the 50-story glass tower will feature 61 private residences designed by Tony Ingrao that range in size from one- to four-bedrooms, including four full-floor units and one five-bedroom penthouse duplex with outdoor terrace.
In addition, the tower will feature a luxury hotel, with 114 rooms including 26 suites, that will be the global flagship for Baccarat Hotels.
“Reflecting the elegance and prestige of Baccarat, the new Hotel & Residences will be a landmark destination in the heart of Manhattan,” said Barry Sternlicht, chairman and CEO of Starwood Capital Group.
“It will provide an unmatched experience for guests and residents to admire the company’s artisanship and commitment to perfection in both service and design.”
The residences will have a private entrance and feature “sophisticated finishes”. A Baccarat chandelier will be incorporated as a feature in the foyer of each residence.
Residential owners will have complete access to all luxury hotel amenities and services including personal concierge and housekeeping services, 24-hour in-residence dining and access to the beautifully designed spa, indoor pool and fitness facility.
The luxury hotel will also feature a standalone “crystal bar” surrounded by an outdoor Tuileries-style terrace, and a bar and restaurant, all of which will provide a luxury lifestyle experience unlike any other in Manhattan.
Prices range from $3.5 million to $60 million and layouts range from approximately 1,000 s/f to 7,400 s/f, with the option for buyers to combine units.
The Baccarat Residences New York has opened a sales centerat 680 Fifth Avenue. Corcoran Sunshine Marketing Group is managing all sales and marketing efforts for Baccarat Residences.