Someone Is Paying $500K/Month For A New York Apartment

It's pretty much a bargain.

And yet Steve Cohen can’t get a sniff at his Bloomberg Tower aerie? WTF?

The extended stay, six-bedroom, six-and-a-half bath rental encompasses the full 39th floor of The Pierre, a luxury five-star hotel….Curbed, which has more photos, reports that the luxury amenities offered to those willing to pony up $500 grand a month are—to put it mildly—extravagant. They include use of the hotel’s chauffeured Jaguar, a private attended elevator and a personal butler, available 24 hours a day.

New York’s priciest rental: What do you get for $500,000 a month? [Fortune]
See NYC’s Most Expensive Rental, a $500,000 Hotel Room [Curbed]


By Dong L. Zou ( [Public domain], via Wikimedia Commons

Paris May Settle For Being Boston Instead Of New York

If France can't have London's banks, it will settle for her fund managers.

(Getty Images)

James Gorman Has A Nifty New Euphemism For ‘Pay Cut’

Morgan Stanley decides compensation is only for closers.