The Super Renters of New York City

Recent reports of rents shooting up in New York City may be a cause of concern for several home-hunters in the city, but there is also a privileged class of New Yorkers who are willing to shell out a lot of dollars to be able to live in luxury and style. Rents for such palatial homes can range from $30,000 to a staggering $60,000 a month, but the costs don’t seem to worry this elite and exclusive group. For them, maintaining the standard of luxury living they are used to is far more important than worrying about the number of figures in their rent checks.

The New York Times calls this group of wealthy renters, the “super renters” or the “sky-high renters.” The latter nickname seems more apt, as these renters are looking at the priciest apartments in Manhattan, most of which are located at the very top of the skyscrapers they are housed in. An example of this would be the luxury residences for rent at One MiMA Tower. Three apartments on the 63rd floor of this Midtown Manhattan high-rise, with its spectacular river vistas and a variety of hotel-style amenities, are commanding rents ranging from $20,000 to $25,000 a month.

Another example are the penthouses on the 76th floor of New York by Gehry at 8 Spruce Street. The monthly rents here, that go from $45,000 to $60,000 a month, can be justified by the development thanks to Frank Gehry’s name behind the project, and also by virtue of the fact that it is one of the tallest residential buildings in the continent. Among the well-heeled folk renting these amazing and expensive apartments include celebrities like Alex Rodriguez of the New York Yankees, who rented a two-bedroom apartment at 15 Central Park West on the Upper West Side for $30,000 a month in 2010 and 2011.