NY Times: And Now, The $95 Million Trophy Co-Op at the Sherry-Netherland

Sherry Netherland Hotel, 59th & 5th Avenue

I guess the race is on for the “can you top this” billionaire bragging rights sweepstakes, New York style. Today the Times announced that $95 million buys you (if you’re a newly minted  Chinese billionaire with a yen to park your money in a safe haven),  7,000 square feet and a full floor at the Sherry Netherland Hotel. The co-op’s price includes  all the “look at me I’m rich” flourishes and yet another spectacular  southern Central Park view. Monthly maintenance is $54,000.


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