First Manhattan Timeshare Property Now Open

The West 57th Street by Hilton Club on Manhattan is now open and is the first resort in New York actually built as a timeshare property (the Manhattan Club was converted from hotel to timeshare). From the outside it looks like all of the other midtown Manhattan buildings. It has a glass facade, is 28-stories high, there’s a doorman, fitness center visible from the street, iPod docking stations, Japanese soaking tubs and hardwood floors. Interestingly, as reported in a recent article in the New York Times, most of the owners live within 200 miles of the city, and the resort features 161 units, each sold by the week and ranging from a $33,900 studio to a $125,000 penthouse.

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