2 East 55 Street   Unit 903905X

FRACTIONAL OWNERSHIP (not a timeshare) - You will own 1/12 of the St. Regis property, which means that it can be part of your estate. The apartment includes a 1,015 sq. ft. 1 bedroom and a 366 sq. ft. studio to make up a 1,381 sq. ft. suite. The suite has 2 bathrooms. The suite has 10 ft. ceilings, separate living room, butler pantry featuring sub-zero refrigerator and microwave, 32 plasma flat-screen television and DVD player in bedroom, LCD televisions in living room and bathrooms, floor to ceiling French windows, crystal chandeliers, direct-dial phone and fax machine, and high speed internet access. The St. Regis is one of the most glamorous addresses in the world and has a Remede Spa and Fitness center, Salon, twice daily maid service, 24 hour Butler service, doorman, concierge etc. There is a guaranteed week and an additional 21 days in the 2 bedroom (so both fixed and float time). As an owner, you will become a Starwood Platinum member and have a personal concierge to arrange all of your hotel/residence stays and anything else you want!! The reason why the 2 bedrooms are the best deal is that you can either use them as a 2 bedroom or double the number of days by splitting them into a 1 bedroom suite and a studio. The other advantages of the fractional are: 1) You can change nights into Starwood points to stay at any Starwood Hotel in the world; 2) You can exchange 1 week of studio time for a week of 3 bedroom time at the St. Regis in Aspen or the Phoenician in AZ; 3) You can easily sell your nights to cover the annual maintenance fees; and 4) You can own it in a corporate name and take advantage of tax deductions if purchasing the property for business.