One Central Park Condos

One Central Park offers 225 luxury apartments, and sit next to the Residences at the Mandarin Oriental. The Fabulous 55-story Time Warner Center is a luxurious twin-towered multi-use complex that opened in 2004.

One Central Park is home to the Time Warner World Headquarters, a 250-room/suite Mandarin Oriental luxury hotel, spaces for retail, entertainment, restaurants and offices, 225 luxury apartments, as well as CNN live broadcast production studios and a concert hall for the use of Jazz at Lincoln Center.

1 Central Park condominiums start at $1.5 million and go up to $36 million for each of the two penthouses.

One Central Park's condominium apartments are in the south tower.

The average price per square foot of a Mandarin condo is $2,800, about quadruple the Manhattan average.

There are 66 residences in all, which start at $3.6 million, and 60 percent have been sold.

On the "low end," an 1,100-square-foot apartment went for a stunning $4.6 million.

The Residences at the Mandarin Oriental

Imagine the world's swankiest hotel, and then imagine living like that every day.

For starters, consider that the Residences are in the Time Warner Center, a complex that's home to top-end shopping, deluxe restaurants and the highest-priced pad in Manhattan - a 12,500-square-foot penthouse that sold for $45 million. Then factor in hotel perks like turn-down service, a spa and a glass-enclosed pool.

It's no wonder that the average price per square foot of a Mandarin condo is $2,800, about quadruple the Manhattan average. There are 66 residences in all, which start at $3.6 million, and 60 percent have been sold. On the "low end," an 1,100-square-foot apartment went for a stunning $4.6 million.

"The Residences at the Mandarin Oriental tower are some of the most expensive real estate in the city," says Douglas Elliman broker Michael Shvo, who has sold more than $170 million of property in the Time Warner Center. "It's definitely up there."

So what exactly do you get for your $2,800 per square foot?

"What it comes down to is service, service, service," says Dennis Mangone, 43, a Corcoran Group vice president who purchased an apartment at the Mandarin. "Everything is done for you here, and since I travel so much, it's really a lifestyle choice. I can call ahead and have my fridge stocked from Whole Foods, my bed turned down and champagne-chilling as well."

The biggest benefit to living within the Residences is the ability to access the services of the Mandarin Oriental Hotel. It's private living, with the option of room service or somebody who can find you Broadway tickets. In addition, there's the French/Japanese restaurant Asiate, and the hotel staff can cater a party in your apartment.

If you want to branch out, there are all the shops and restaurants within the Time Warner Center, which will include a Whole Foods market, Equinox gym, L'Occitane and a new restaurant by French Laundry chef Thomas Keller.

Back at home, every apartment has its own elevator, which can take residents down to the pool area. "You could leave your apartment in your robe and slippers and come down to the spa without anyone seeing you," says Susan de Franca, senior vice president at the Related Companies, the principal developer of the Time Warner Center.

But it might be hard to leave, given what's inside each condo, as NYP Home discovered during a walk-through.

The apartments have a sleek look with high ceilings, pale linen wallpaper and marble and stainless steel kitchens, complete with a wine refrigerator, double built-in ovens and Miele stovetops.

The bathrooms feature marble, and some apartments have libraries and offices. There are also gigantic his/hers dressing rooms, as well as the all-important his/hers bathrooms. Some of the bathrooms have floor-to-ceiling glass windows, so it's possible to take a bubble bath, drink champagne, all while looking out over Central Park.

If you're worried about peeping Toms with telescopes - don't be. The windows have a special coating, which allows full light to come in, but restricts the view of outsiders.

"Our buyers typically have multiple homes, and the appeal of the Residences is that they don't have to worry about a thing," says de Franca. "Any wish can be granted, from turn-down service to dog-walking to booking theater tickets. You name it and they will do it."

And unlike many residences, the Mandarin charges for services on an ˆ la carte basis, rather than charging one lump monthly sum.

Although other New York hotels also offer apartments, Mangone said he only considered living at the Mandarin. "The technology here is amazing and so 21st century," he says.

Each floor is accessed with a fingerprint touch pad, and the apartments are so high-tech that residents could use a room as a recording studio or have teleconferences from their bed.

Sounds ideal for those who think that staying under the covers all day is the definition of five-star living.

Edouard Ettedgui, group chief executive of Mandarin Oriental Hotel Group has announced that Mandarin Oriental will launch an exclusive extension of their luxury hotel experience with the opening of The Residences at Mandarin Oriental, New York. The 65 luxurious condominiums are currently under construction above the hotel component of AOL Time Warner Center at Columbus Circle.