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Market-watchers have sounded the death knell for condo-hotels—buildings that offer both hotel rooms and condos—in recent years, but such projects are still being built. They come in several varieties. There are those, like Trump Soho, that only allow occupancy for a certain number of days per calendar year, and others, like One57, that allow residents to live there year-round (though buyers often choose not to). Most come with access to hotel amenities and services. So how does one choose which hotel to buy a condo in? With an assist from the fine folks at StreetEasy, who passed along some sales data, we've compared 13 of the major condo/hotel projects in the city in terms of median pricing and notable amenities. In no particular order:
Hotel name: Trump Soho
Median price: $1,023,000
Median price per square foot: $2,225
Restrictions: Residents may occupy their units for a maximum of 120 calendar year and 29 days in any 36-day period.
Amenities: The hotel has a spa and the Japanese restaurant Koi Soho. Some of the available studios could be combined into suites.
Hotel name: Apex Condominiums
Median price: $1,100,000
Median price per square foot: $823
Restrictions: None
Amenities: Recreation facility, storage, parking, and more. The units sit atop the Aloft Harlem hotel.
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Hotel name: The Residences at the Williamsburg
Median price: $1,197,000
Median price per square foot: $1,152
Restrictions: None.
Amenities: The Residences at the Williamsburg are part of the Hotel Williamsburg, perhaps best known for having NYC's only outdoor salt water swimming pool.
Hotel name: The Setai Wall Street
Median price: $1,250,000
Median price per square foot: $1,184
Restrictions: None
Amenities: The building has 44,000 square feet of amenities space.
Hotel name: The Baccarat Hotel & Residences
Median price: $5,850,000
Median price per square foot: $3,299
Restrictions: None
Amenities: Hotel amenities to which residents have access include a restaurant, bars, fitness center, spa, and concierge.
Hotel name: The Mark
Median price: $11,850,000
Median price per square foot: $3,534
Restrictions: None
Amenities: Residents have access to hotel services, including valet parking, fitness center, business center, and "in-house John Lobb shoe care service."
Hotel name: Cassa Hotel and Residences
Median price: $1,329,500
Median price per square foot: $1,958
Restrictions: None
Amenities: Housekeeping, room service, and in-room spa service, among other offerings.
Hotel name: One57
Median price: Data not available
Median price per square foot: Data not available
Restrictions: None
Amenities: Gym, pool, steam room, library, screening room, business room, concierge.
Hotel name: The Plaza
Median price: $4,050,000
Median price per square foot: $4,125
Restrictions: None
Amenities: Nanny service, limo service, private butler, doorman and concierge, and access to all of the Plaza's classic shared spaces, including the Oak Room and the Edwardian Room
Hotel name: The Pierre
Median price: $10,800,000
Median price per square foot: $5,400
Restrictions: This building is part co-op, part hotel, so there's a co-op board hurdle to jump before buying and financing is not allowed.
Amenities: On-call physician, twice-daily maid service.
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Hotel name: W Downtown Hotel & Residences
Median price: $1,870,000
Median price per square foot: $2,450
Restrictions: None
Amenities: Fitness center, residents' lounge and rooftop terrace, preferred reservation status at hotel restaurants.
Hotel name: Waldorf-Astoria
Median price: Data not available
Median price per square foot: Data not available
Restrictions: The only rental currently on the market is available for anywhere from one month to five years.
Amenities: Private entrance, spa, fitness center, room service, twice-a-day maid service.
Hotel name: 75 Wall Street
Median price: $1,290,000
Median price per square foot: $1,351
Restrictions: None
Amenities: Housekeeping, catering, room service, personal concierge.
Poll time! If you were the buyer, which hotel would you choose to buy a condo in?
· Hotels Week 2013 [Curbed]
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