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Martin Zweig's Pierre Penthouse Officially Asks $125 Million

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Hopefully Steven Cohen enjoyed his 24 hours atop the Manhattan real estate market. He'll have to live on those memories for a while, because there's already a more expensive listing, one that also seems worthier of the title. The Pierre penthouse belonging to late financial expert Martin Zweig is officially on the market for $125 million. (All-cash buyers only, please.) The listing hasn't showed up yet, but the Times has the reveal and some photos. (The images above are from a 2004 listing, when the place was priced at just $70 million.) Zweig himself set a record when he bought the penthouse for $21.5 million in 1999. How times have changed!

That $125 million is just the most basic cost involved?there's also a monthly maintenance charge of $47,000, which takes care of the electricity and two staff people to clean the place. The master bedroom has a 20-foot-high window, and there's a gym and a kitchenette within the master suite. The penthouse has four corner terraces on the 42nd floor, a private elevator, a Swedish sauna, and the Pierre's only wood-burning fireplaces. The living room, naturally, used to be the hotel's ballroom.

A tipster recently unearthed the penthouse's 1996 floorplan, so here's a look back while we await the current version:

· Pricey Pierre Hotel Penthouse Returns to Market [NYT]
· Martin Zweig coverage [Curbed]

The Pierre – A Taj Hotel

2 E 61st St, New York, NY 10065