Inside NYC’s Most Expensive Rental, a $140,000-a-Month Fifth Avenue Penthouse

he duplex is the crown jewel of Fasano, a luxe member's club designed by interiors guru Thierry Despont.


Not everyone has the privilege to own a residence designed by Thierry Despont, the low-profile French architect, designer and founder of the Office of Thierry Despont, which makes this rare opportunity to rent a residence designed by him that much more special. Famous for his restoration of the Statue of Liberty, renovation of the Ritz Paris and creation of some of the most luxurious restaurants and private members' clubs in the world, Despont also designed Fasano Fifth Avenue from the renowned Brazilian hospitality brand that opened in 2021.

The brand's first North American location is a departure from Fasano's glitzy hotels in South America; the ultra-discreet Fasano Fifth Avenue on Billionaires' Row is a private club and hotel residence, of sorts, that offers seven studio suites and four 3,600-square-foot duplex residences only available to members for long-haul trips. The space is legally not allowed to rent to anyone under 30 days, and some members live in the suites and residences for a year or more. The entire building was designed in Despont's signature style. His classically inspired elegance spans periods and looks, but the end result is always highly refined.

"Fasano Fifth Avenue is an exquisite Manhattan residence for pied-à-terre audiences that prize flexibility and privacy," says Erin Boisson Aries of Douglas Elliman. "Although residents book their stay with the same ease of a hotel, this is a place to wholeheartedly call home-a place where Thierry Despont has selected every detail and where Fasano tailors every moment and experience just for you."

That is certainly the case with this residence at Fasano Fifth Avenue, currently the most expensive rental in the city at $140,000 per month. Perched on the 9th and 10th floors of the 14-story building, the residence has impeccable views of Central Park from its prime location on Fifth Avenue between 62nd and 63rd streets. The residence's walls are swathed in Loro Piana textiles and the home is adorned with custom furniture and hand-selected vintage and antique decorative elements. There are three French-style, floor-to-ceiling windows, draped with thick curtains, that perfectly frame views of the park.


 

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