Baccarat to Open Hotel and Residences in NYC

Looking for prime real estate in NYC? We think we've found it. Starwood Capital Group has teamed up with Tribeca Associates to officially sell the Baccarat Hotel & Residences New York, located just off Fifth Avenue on 53rd Street.

The 50-story glass tower will feature 61 private residences that range from one to four bedrooms. Cool touch: We hear there will be four full-floor units and one five-bedroom penthouse duplex with outdoor terrace. The tower will also feature a luxury hotel with 114 rooms including 26 suites.

Inside the residences, owners will find a private entrance with Baccarat chandelier in each foyer. The master bath will be outfitted with a free-standing soaking tub, glass-enclosed shower and white marble.

The luxury hotel amenities include 24-hour in-residence dining, a spa, indoor pool, fitness facility and more.

For more information visit www.baccaratresidencesny.com.