The renaissance and continued rise of the condo hotel; See top buildings and availabilities

By Cait Etherington | From Great Listings Tuesday, May 13, 2025

The Four Seasons Hotel & Residences Downtown from Hudson Street in Tribeca

From the opulent Ansonia Hotel on the Upper West Side to the storied women-only Barbizon on Lexington Avenue (both of which have since closed and been converted to regular condos), New York has long been home to hotel-style living. While these residences may be best known for their luxury features and famous residents, most were originally constructed for a practical reason—a desire to bypass local zoning bylaws. As per the Tenement Act of 1867, residential buildings had to adhere to height and lot size restrictions. Hotels were exempt, creating a convenient loophole to build higher-density residences while still appearing to comply with local laws.

Over 100 years later, hotel residences are back in the headlines. Before Billionaires’ Row became famous for its supertall condos with equally staggering prices, the Four Seasons New York hotel between Madison and Fifth Avenues opened in 1993 on 57th Street, joining a growing crop of high-end towers with top-floor views of Central Park. The hotel closed at the height of the pandemic in March 2020, but building owner Ty Warner and operator Four Seasons Hotels and Resorts reached a deal to reopen this past November, one that includes converting 50 of the 368 rooms to residential units. Details about the residences are not yet available, but Four Seasons guests are familiar with fine dining, luxury spas, and well-appointed suites with bathtubs that fill in only two minutes.

The Four Seasons reopening comes shortly after the rapid sales at The Surrey Residences, a condo component set to open on the upper floors of the historic Upper East Side hotel, and hot on the heels of successful properties like Aman New York Residences, ONE11 Residences, and The Ritz-Carlton Residences NoMad.

Power broker Nikki Field has described hotel-branded residences as “Ozempic for the luxury buyer,” a reference to the convenience of them. Owners can arrive to a fully furnished unit and enjoy access to the hotel’s amenities, restaurants, and services for the duration of their stay. And when it’s time to go, rather than going to the trouble of finding a sublet, the hotel takes charge of leasing out and managing the units on their behalf. Not only does this allow for convenience and peace of mind, but Bisnow has mused that new short-term rental restrictions could lead to a new appreciation for this type of short-term housing.

All renderings of The Surrey Residences via Noe & Associates with V1

Renderings of the Surrey Residences courtesy of Noe & Associates with V1

What is a condo hotel?

By definition, a condo hotel, sometimes described as a “condotel,” “hotel condo,” or a “contel,” is a building that legally functions as a condominium and hotel. Two things set condo hotels apart from their historical predecessors. First, unlike a room at the Ansonia and Barbizon during their heyday, condo hotels are typically legal apartments with full kitchens (most old-style apartment hotel units didn't include a full kitchen). Second, condo hotels can be occupied by owners and not simply renters, though this doesn't mean you won't find condo hotel units for rent.

Condo hotels like the Waldorf Astoria Residences offer high-end amenities and gorgeous living space. (Douglas Elliman)

The Difference Between Condo Hotel, Timeshare, and Pied-a-terre units

Many condo hotels are purchased by people who own other properties and, as a result, only live in their unit part-time. As a result, they are often confused with two other types of residences that are common in New York City—timeshare residences and pied-a-terre units. In fact, condo hotels are very different from these other types of residences, and nearly always more convenient and flexible.

Timeshare units or fractional ownership condos are generally attractive to buyers because owners only pay for the time they spend in the unit. For example, if you only need to be in New York City six weeks of the year on average, you can purchase a unit at a fraction of the regular costs that gives you access to just six weeks. However, unlike a condo hotel, timeshares come with two restrictions. First, it may not always be possible to have access to the unit when you need it. Second, you can’t leave your belongings in timeshare properties. While some timeshares, such as The Phillips Club on the Upper West Side, do permit residences to leave belongings in a “portable wardrobe closet,” which is hand-delivered to their door upon return, in most cases, timeshares are fully “pack-in-and-pack-out” residences. By contrast, condo hotels enable owners to show up whenever they like without notice and to leave their belongings in their unit at all times.

The St. Regis Club offers high-end fractional ownership

Another option for anyone who intends to spend only part of their time in New York City is to purchase a pied-a-terre. Although many buildings permit pied-a-terre ownership, co-op and condo boards often subject the owners of these units to strict rules, even policing who is permitted to occupy the unit in the owner’s absence. Since condo hotel units are already located in buildings where the guests are always changing, they tend to be far more flexible. After all, in contrast to most coops and condos where there is often a strong desire to create a certain type of community, this is rarely a concern in condo hotel buildings where the primary focus isn’t on community, but rather on ensuring owners have access to high-end services and amenities.

Top NYC 20 condo-hotel buildings for pied-a-terre buyers

Benefits and Amenities

Many luxury condos describe their amenities as "five-star hotel" caliber, but that is truly the case at condo hotels. As an example, owners of the Ritz-Carlton Residences in NoMad are not only able to enjoy a well-appointed apartment with spectacular city views, but they also have access to two Jose Andres restaurants, a rooftop bar, a fitness center, a spa, event spaces, and, of course, the Ritz-Carlton's world-famous concierge staff.

Additionally, though many New York City buildings permit pied-a-terre ownership, co-op and condo boards often subject the owners of these units to strict rules, even policing who is permitted to occupy the unit in the owner’s absence. As condo hotel units are already located in buildings where the guests are always changing, they tend to be more flexible in this regard.

The Ritz-Carlton Residences, New York, NoMad

Select condo-hotel buildings in NYC with active listings

The Four Seasons Private Residences, Tribeca

11 availabilities from $2.675 million

Four Seasons Private Residences, 30 Park Place

The Four Seasons Private Residences (Corcoran Group)

The Four Seasons Private Residences, #PH77A
$19,995,000

Tribeca | Condominium | 4 Bedrooms, 4.5 Baths | 3,951 ft²

The Four Seasons Private Residences, #PH77A (Corcoran Group)

From the Listing: Penthouse 77A sits atop the Four Seasons Private Residences and Hotel at 30 Park Place in Tribeca. This iconic limestone-clad tower is downtown-Manhattan's highest and premier residential condominium building, and a defining silhouette of the city skyline. Spanning nearly 4,000 square feet, this spectacular penthouse offers 4 bedrooms (flex 5), 4.5 bathrooms, two terraces, and 270 degrees of uninterrupted and protected panorama over Manhattan from every room. See floor plan and full details here.

The Dominick, Hudson Square/Soho

2 availabilities from $580K

The Dominick (Corcoran Group)

The Dominick, #2910
$800,000

SoHo | Condominium | 1 Bedroom, 1.5 Baths | 781 ft²

The Dominick, #2910 (Compass)

From the Listing: Luxury Hassle-Free Investment Opportunity/Second Home Achieving 10+% NET Returns with Skyline Views!! This fully furnished 1-bed condo hotel unit offers the ideal mix between personal use and an investments, as the hotel rents and manages the unit entirely, and the unit owner has the option to utilize it for 120 days per year. When you are not using the unit, this unit can generate income, which is a perfect way to take advantage of all that New York has to offer with a pied-a-terre that helps pay for itself. You also receive a detailed statement every quarter showing the number of nights your unit was rented, the rate at which the unit was rented, and the breakdown of fees deducted from the nightly rental income. See floor plan and full details here.

The Ritz-Carlton Residences, New York, NoMad

Two availabilities from $4.5 million

Ritz-Carlton Residences NoMad, 25 West 28th Street

The Ritz-Carlton Residences, New York, NoMad (Douglas Elliman)

The Ritz-Carlton Residences, New York, NoMad, #PH42B
$4,500,000

Chelsea | Condominium | 1 Bedroom, 1.5 Baths | 911 ft²

The Ritz-Carlton Residences, New York, NoMad, #PH42B (Compass)

From the Listing: Buy at the Ritz-Carlton NoMad for the ideal ownership setup: have a pied-a-terre in New York, limited to 120 days of use per year, and put the property into the Ritz's hotel pool for the remaining days, while enjoying a revenue share of the profits. Ownership use is limited to 29-day consecutive periods and a total of 120 days per year. The building has legally circumvented local AirBnB laws and expertly markets and advertises to achieve some of the highest nightly rental rates in the city. See floor plan and full details here.

Waldorf Astoria Residences, Midtown East

27 availabilities from $1.875 million

Waldorf Astoria Residences (Douglas Elliman)

Waldorf Astoria Residences New York, #1913
$5,925,000

Midtown East | Condominium | 2 Bedrooms, 2.5 Baths | 1,431 ft²

Waldorf Astoria Residences New York, #1913 (Douglas Elliman Real Estate)

From the Listing: Own a piece of the legacy at Waldorf Astoria Residences New York. Residence 1913, is a split two-bed, two-and-a-half-bath overlooking iconic Park Avenue. Designed by internationally acclaimed designer Jean-Louis Deniot, residences combine modern comfort with signature features such as a dedicated Concierge Closet and keyless entry with opulent details like ceiling coves, herringbone floors, oversized custom-paneled doors, spacious walk-in closets, and grand entry foyers with marble floors and brass inlays. See floor plan and full details here.

ONE11 Residences, Midtown West

11 availabilities from $1.15 million

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ONE11 Residences (Douglas Elliman)

ONE11 Residences, #40K
$1,975,000

Midtown West | Condominium | 1 Bedroom, 1 Bath | 698 ft²

ONE11 Residences, #40K (Douglas Elliman Real Estate)

From the Listing: This light-filled, 698 square foot, one-bedroom, one-bathroom residence designed by Thomas Juul-Hansen, features an open-living concept with floor-to-ceiling windows. Entering through a European oak entry door, the home opens to a beautifully appointed kitchen featuring super-white quartzite countertop and island, bronze and tinted mirror glass backsplash, white oak cabinetry in a matter lacquer finish and fluted mirrored glass, and white oak paneled walls. See floor plan and full details here.

Aman New York Residences, Billionaires' Row/Midtown West

5 availabilities from $20.45 million

Aman New York Residences (OFFICIAL)

Aman New York Residences, #16B
$21,500,000

Midtown West | Condominium | 2 Bedrooms, Unknown Baths | 3,646 ft²

Aman New York Residences, #16B (Aman Property DE)

From the Listing: Located on the 16th floor, with city views, 16B is an expansive 3,646 sqft two-bedroom and 2.5 bathroom residence. Celebrating open plan living, this inimitable home features a large kitchen dining space, which leads into a cozy bar and library separated from the formal living room by a functioning fireplace. See floor plan and full details here.

The Plaza, Midtown West

17 availabilities from $1M

The Plaza

The Plaza, #1807
$4,195,000 (-10.6%)

Midtown West | Condominium | 1 Bedroom, 1.5 Baths | 1,390 ft²

The Plaza, #1807 (Corcoran Group)

From the Listing: Park-front Perfection at The Plaza! Showings begin August 7th! 1807 is an impeccable and exceptionally large one bedroom, one and a half bath condominium home at the Plaza Private Residences. Located on a high floor there are picturesque and sweeping views of Central Park. The rooms of 1807 at 1 Central Park South are grand in proportion offering a large living area with room for dining and a generously sized bedroom with an en-suite bath. See floor plan and full details here.

J.W. Marriott Essex House, Midtown West

12 availabilities from $1.1 million

J.W. Marriott Essex House

J.W. Marriott Essex House, #401A
$4,950,000 (-9.9%)

Midtown West | Condominium | 3 Bedrooms, 3 Baths | 2,058 ft²

J.W. Marriott Essex House, #401A (Corcoran Group)

From the Listing: The Joy of Central Park Views. The Ease of a Turn Key Residence. Enjoy direct and unobstructed views of Central Park in this elegant and renovated Essex House residence measuring 2058 square feet. A total of three windows, spanning nearly forty feet, face the park. This residence is flooded with tree top views and boasts huge picture windows, three bedrooms, three full bathrooms and is truly one-of-a-kind.

New white oak herringbone floors with a natural Scandinavian finish accent this condominium's many luxurious finishes including nine foot beamed ceilings, a new huge storage room, an eat-in kitchen with a large pantry and suite of stainless steel appliances, and two additional guest closets. You will be immediately drawn to the tree top vistas of Central Park from the oversized city quiet picture windows. See floor plan and full details here.

One Central Park West - Trump International

24 availabilities from $675K

One Central Park West (OFFICIAL)

One Central Park West, #4950C
$13,500,000

Central Park West | Condominium | 5 Bedrooms, 4.5 Baths | 4,266 ft²

One Central Park West, #4950C (Compass)

From the Listing: The Only Duplex at One CPW + Loft Appeal and Stunning Sunsets Residence 49/50C – A Penthouse-Level Duplex Experience the rare opportunity to own the only duplex apartment at One Central Park West. Situated on the 49th and 50th floors—the building's penthouse level—this exceptional residence spans 4,266 square feet, offering dramatic west-facing views of the city skyline, the shimmering Hudson River, the New Jersey horizon, and picture-perfect sunsets. The home has been meticulously renovated, blending a downtown loft aesthetic with the sophistication of Upper West Side luxury. See floor plan and full details here.

Residences at the Mandarin Oriental, Central Park West

1 availability for $8.95 million

Deustche Bank Center, home of Residences at the Mandarin Oriental (Compass)

Residences at the Mandarin Oriental, #67B
$8,950,000

Central Park West | Condominium | 2 Bedrooms, 2.5 Baths | 1,637 ft²

Residences at the Mandarin Oriental, #67B (Compass)

From the Listing: Surround yourself with Central Park views and expansive designer interiors in this stunning two-bedroom, two-and-a-half-bathroom showplace in The Residences at the Mandarin Oriental —one of Manhattan's most revered residential enclaves.

Perched high above Columbus Circle, this exceptional 1,637-square-foot home impresses with soaring 10-foot-tall ceilings, custom flooring, rich wall coverings, and walls of windows framing postcard vistas. A wide gallery entry lined by a powder room and coat closet makes a gracious first impression. Ahead, the massive great room wows with floor-to-ceiling northern and eastern views that stretch across Central Park all the way to the George Washington Bridge. See floor plan and full details here.

Additional listings in pied-a-terre-friendly buildings with hotel services

Cipriani Club Residences, #546
$750,000

Financial District | Condominium | 1 Bedroom, 1 Bath | 890 ft²

Cipriani Club Residences, #546 (Carini Group LLC)

See floor plan and full details here.

The Sherry Netherland, #614
$950,000

Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 3 Baths | 1,950 ft²

The Sherry Netherland, #614 (Sothebys International Realty)

From the Listing: The Best Value on Fifth Avenue. An amazing opportunity to own a 3 Bed/3 Bath+Adjacent Staff Room w/Bath multi-unit contiguous Hotel-Pool Compound in The Sherry-Netherland Hotel.

With light renovation one can move in and enjoy the space, pampered service and location in a prestigious pre-war cooperative on the Plaza at 59th & 5th Avenue facing Central Park. Or, bring your architect and accountant to reimagine this +/- 1,950 sq.ft.into the ultimate live/work/investment at the legendary Sherry-Netherland Hotel. All three units (2 Studio apartments and 1 One-bedroom are in the hotel rental pool and may be rented individually or combined. The rare contiguous Staff Room, with full windowed bath, may be combined, sold, or remain with separate entrance and used for Owner’s office, storage or staff. See floor plan and full details here.

The Hampshire House, #1610
$3,495,000

Midtown West | Cooperative | 3 Bedrooms, 3.5 Baths

The Hampshire House, #1610 (Brown Harris Stevens Residential Sales LLC)

From the Listing: Sophisticated and Intelligent Renovation of this 3 Bedroom/3.5 Bathroom (2000 sq feet) Home at The Hampshire House will impress even the most particular buyer who values style, space, luxury and comfort. This timeless renovation was arduously thought out: from whats inside the walls to the finest details of the trim. In the heart of the home is a suburban sized chef''s eat-in kitchen, centered around an exquisite Waterfall-edged Stone Island made with single 2" thick slabs of striking statuary marble. See floor plan and full details here.

Baccarat Hotel & Residences, #22A
$4,995,000

Midtown West | Condominium | 2 Bedrooms, 2.5 Baths | 1,728 ft²

Baccarat Hotel & Residences, #22A (Corcoran Group)

From the Listing: Experience exceptional design and refined elegance in this stunning 22nd-floor, 2-bedroom, 2.5-bathroom residence at the Baccarat Hotel and Residences. With expansive floor-to-ceiling windows and soaring 10'8" ceilings, this home offers breathtaking northern, eastern, and southern views, including vistas of Central Park and the uptown skyline. Spanning 1,728 square feet, the apartment features electric shades throughout, and individual room temperature controls for ultimate comfort. See floor plan and full details here.

The Bryant, #27B
$5,999,000

Midtown West | Condominium | 2 Bedrooms, Unknown Baths | 1,882 ft²

The Bryant, #27B (Keller Williams NYC)

From the Listing: Perched high above the lively Bryant Park, this stunning unit at The Bryant offers unparalleled luxury and design by renowned Pritzker Prize-winning architect David Chipperfield.

This residence stands apart from other units in the building, featuring custom-crafted millwork that adds an extra layer of sophistication, a distinctive, one-of-a-kind character, and a great flow”. This floor-through 2-bedroom plus a windowed home office spans 1,882 square feet (175 sq. Meters) and features 22 floor-to-ceiling windows, wrapping three exposures for breathtaking views of Bryant Park and the Empire State Building. See floor plan and full details here.

One High Line, #EAST20D
$6,295,000

Chelsea | Condominium | 2 Bedrooms, 2.5 Baths | 1,754 ft²

One High Line, #EAST20D (Corcoran Group)

From the Listing: Residence East 20D at One High Line is a stunning 1,754 SF two-bedroom, two-and-a-half-bathroom corner home with sweeping north and east exposures through floor-to-ceiling windows. The expansive great room features natural oak chevron flooring and flows into a beautifully appointed open kitchen with Carnico Grigio marble floors, Molteni cabinetry in brushed Epicea wood and white lacquer with cove lighting, and honed Calacatta Gold marble countertops and backsplash. A matching marble island anchors the space, ideal for both casual dining and elevated entertaining.

Five-star services are provided by the renowned Faena Hotel, located within the East Tower. On-site parking and private storage are available for purchase. See floor plan and full details here.

35 Hudson Yards, #8503
$6,595,000

Midtown West | Condominium | 3 Bedrooms, 3.5 Baths | 2,581 ft²

35 Hudson Yards, #8503 (Compass)

From the Listing: This beautifully laid out 3-bedroom residence with soaring almost 11-foot loft ceilings frame spectacular views of the uptown skyline from the corner Great Room. The windowed eat-in kitchen has been outfitted with luxurious Smallbone of Devizes cabinetry with opal white marble counters and backsplash. Full suite of Gaggenau appliances, with wine fridge and coffee maker, truly make this a bespoke Chef's kitchen. The principal bedroom boasts a large walk-in closet and a luxurious 5-fixture bathroom which is wrapped in elegant iceberg quartzite, complete with double vanity with Kinon panels, and full depth Corian soaking tub. See floor plan and full details here.

The Pierre, #2315
$3,998,000

Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 3 Baths

The Pierre, #2315 (Corcoran Group)

From the Listing: 795 Fifth Avenue Residence #2315 Corner Three Bedroom Residence with Rare Contemporary Design and Pre-War Scale at The Pierre Hotel Residence #2315 offers a generous and versatile floor plan that can accommodate various configurations and visions. Located on a rare fully private co-op floor at The Pierre Hotel, this tower residence features iconic views of the Upper East Side, Fifth Avenue, and Central Park with beautiful natural light from North, South, East facing exposures, framed by large windows. Pets, Pieds-a-terre, corporate purchases, and stateside LLCs are welcome. This high-floor tower residence features high ceilings with the proportion and scale only an iconic pre-war Fifth Avenue building such as The Pierre can provide. See floor plan and full details here.

Mandarin Oriental Residences Fifth Avenue, #16A
$7,250,000

Midtown East | Condominium | 2 Bedrooms, 2.5 Baths | 1,569 ft²

Mandarin Oriental Residences Fifth Avenue, #16A (Douglas Elliman Real Estate)

From the Listing: LIVE on Fifth Avenue, in your fully furnished and appointed, private Mandarin Oriental residence with legendary Mandarin Oriental services. DINE in the comfort of your own private residence or in our private restaurant, Boulud Priv . INDULGE in the rooftop pool, fitness center, spa, sauna, steam room, treatment rooms, and salon.

ENJOY Fifth Avenue and Central Park views. CELEBRATE a life worth living, the Mandarin Oriental way. Each resident will have access to legendary Mandarin Oriental Services which includes access to a bevy of a-la-carte services including, but not limited to, in-residence dining, housekeeping, turn down service, hand-delivered mail and packages, courier service, personal chef, sommelier and bartender, private butler, floral arrangements, personal shopping by Saks Fifth Avenue, child and pet care, in-residence spa services, personal training, laundry and dry-cleaning service. See floor plan and full details here.

Carlyle House, #11C
$8,000,000

Park/Fifth Ave. to 79th St. | Cooperative | 3 Bedrooms, 3.5 Baths | 3,153 ft²

Carlyle House, #11C (Corcoran Group)

From the Listing: Rare, mint, and exceptional. One of the much sought-after grand "double height " living room apartments at the Carlyle House is now available. These apartments are coveted by private art collectors and those enjoying an exceptional quality of living. This apartment has been meticulously renovated with no expense spared and provides the ultimate grand entertaining spaces and commodious private quarters. It is accessed by a private elevator landing which opens to a wide 25' long foyer spanning the length of the entertaining rooms: a show-stopping living room with a 13-foot ceiling, a serene and spacious library, and a marvelous formal dining room. The primary suite has two stylish marble baths and a separate dressing room. See floor plan and full details here.

Ritz Tower, #1920W
$26,000,000

Midtown East | Cooperative | 4 Bedrooms, 4 Baths

Ritz Tower, #1920W (Douglas Elliman Real Estate)

From the Listing: Step off your private elevator into the extraordinary residence commissioned by William Randolph Hearst for actress Marion Davies at 465 Park Avenue. This sky palace combines American history with European architectural treasures, creating one of New York's most significant residential spaces. The great hall features a ceiling transported from a Venetian Doge's palace and 17th-century cathedral glass windows that fill the room with jewel-toned light. Enjoy triple-terraced views of Manhattan while the Ritz Tower's room service delivers your afternoon tea. See floor plan and full details here.

215 Chrystie Street, #PH3
$16,750,000

Lower East Side | Condominium | 4 Bedrooms, 4.5 Baths | 4,236 ft²

215 Chrystie Street, #PH3 (Compass)

From the Listing: Perched atop the iconic Herzog & de Meuron-designed tower, Penthouse 3 at 215 Chrystie is a one-of-a-kind full-floor residence offering unrivaled privacy, scale, and cinematic views. This extraordinary home blends minimalist architecture by John Pawson with bold, layered interiors reimagined by AD100 designer Ken Fulk. Surrounded by 266 linear feet of floor-to-ceiling glass, the residence delivers panoramic 360-degree views across the Manhattan skyline, from sunrise to sunset. See floor plan and full details here.

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Contributing Writer Cait Etherington Cait Etherington has over twenty years of experience working as a journalist and communications consultant. Her articles and reviews have been published in newspapers and magazines across the United States and internationally. An experienced financial writer, Cait is committed to exposing the human side of stories about contemporary business, banking and workplace relations. She also enjoys writing about trends, lifestyles and real estate in New York City where she lives with her family in a cozy apartment on the twentieth floor of a Manhattan high rise.

Read Full Bio | Contact Cait Etherington

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In this article:

What is a condo hotel?

The Difference Between Condo Hotel, Timeshare, and Pied-a-terre units

Benefits and Amenities

Select condo-hotel buildings in NYC with active listings

Select which properties are of interest to you:

Additional listings in pied-a-terre-friendly buildings with hotel services

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Listings in this article

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