Look out, Trump Tower — a new luxury penthouse has arrived. The Crown Building, occupying a prime corner of Manhattan at 5th Avenue and 57th Street, is being converted into condominiums and a hotel by Aman Resorts.
The development, led by the Russian-backed ownership team and executed by Aman, transforms the property into an 83-room ultra-luxury hotel and 19 private condominiums, with prices ranging from about $5.9 million to roughly $58 million. At the pinnacle of the project sits a five-story penthouse expected to command well over $100 million.
This crown-jewel penthouse spans approximately 14,000 square feet and is designed for grand-scale living and entertaining. Planned features include a show kitchen, a piano lounge, two swimming pools (one indoor and one outdoor), a full-floor master suite plus four additional bedrooms, and extensive entertaining areas throughout the residence.
Condo owners will enjoy full access to the building’s hotel amenities. The property will offer a three-story spa, a private members’ club, a jazz club, a cigar bar, a curated wine library and multiple fine-dining venues. Discreet, hotel-style staff will be available to residents to provide bespoke services and on-demand assistance.
Aman has established a reputation for exceptional hospitality and meticulous attention to detail at its properties worldwide. The Crown Building conversion positions the address among Manhattan’s most exclusive residential options, blending private ownership with five-star service. Would you consider paying $100 million to live in such an elevated setting?