The New York Palace Has Two Suites That Cost $250,000 A Month [PHOTOS]

The iconic New York Palace hotel completed its $140 million renovations last year. Among other things, the renovations included two new triplex suites: The Jewel Suite by jeweler Martin Katz and The Champagne Suite.

These two 5,000-square-foot suites are located on the 53rd floor in The Towers, the Palace's exclusive hotel-within-a-hotel.

And unsurprisingly, they're really, really expensive. The New York Daily News reported that the suites cost an astounding $25o,000 per month to rent. A single night in one of these suites costs $25,000, making the monthly charge seem like a relative bargain.

But guests who stay in these suites get their money's worth, with incredible amenities like private elevators, expert maître d'étage service, private Maybach car service, oversized outdoor terraces with private Jacuzzis, wood burning fireplaces, and complimentary champagne.