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BUYERS: Rick and Kathy Hilton
LOCATION: New York City, NY
PRICE: $2,522,000
SIZE: 1 bedroom, 2 bathrooms

YOUR MAMAS NOTES: After a years long stay in a large suite at the Waldorf-Astoria Hotel and Towers, socially connected American royals Rick and Kathy Hilton decamped for sunny southern California in 2004 where they settled into a large house in a plum lower Bel Air location. Ten years later, we learned over the weekend from a well-connected New York-based informant we’ll call Kitty Boots, the empty nesting couple—they would be the parents of gossip glossy staples Paris, Nicky, Barron, and the as yet relatively unknown college-aged Conrad III—paid an eye-popping $2.522 million for a one bedroom pied-a-terre at the palatial Pierre Hotel and Residences on Fifth Avenue where it’s widely known that buyers must not only pay for their apartments in cash but also have substantial and verifiable additional liquid assets.

Mister Hilton, in case you somehow don’t know, is an a scion to the Hilton Hotels fortune as well as the Hilton in the high profile Hilton & Hyland real estate brokerage in Beverly Hills. Missus Hilton, who starred in her own reality show flop a few years ago (I Want to Be a Hilton) and used to hawk high-end skin care products on HSN, currently “designs” a line of evening gowns and party dresses that are sold in pricey boutiques and upper end department stores around the country.

Listing details Your Mama dug up on the internets shows the Hilton’s newly acquired high floor corner co-op at The Pierre has one bedroom and two bathrooms, one that opens directly off the living room, which could create some uncomfortable olfactory moments, and another in the bedroom slathered in ultra-feminine blush pink marble.

A small but proper foyer with parquet floors and itty-bitty coat closet opens leads to a living/dining room combination barely larger than one likely found in a modestly sized ranch home but with sweeping northern views that encompass the east side of Central Park. Just off the foyer there’s a compact, all-white kitchen equipped with under-counter fridge, built-in microwave, and Euro-style under-counter combo washer/dryer.

A dressing room corridor flanked by a pair of fitted walk-in closets separates the main living spaces from the roomy but hardly huge, double-exposure bedroom that the sellers—a prominent French couple with addresses in Paris, France, and Juno Beach, FL—did up with cinnamon and eggshell colored lattice pattern wall-to-wall carpeting, classic toile curtains, and a tone on tone pink vertical striped wall treatment.

Monthly maintenance charges ring up to $3,510, according to listing details, and residents of the 70 or so cooperative apartments have access to the five-star hotel’s white glove services that include valet and 24/7 concierge services, attentive doormen and elevator attendants, twice daily maid service, a fitness center and spa (shared with hotel guests), an around-the-clock on-call physician, and fine dining-style room service.

Back in Los Angeles, Mister and Missus Hilton continue to own the gated and fortified five bedroom and five bathroom residence they picked up in July 2004 for $9,220,000. Property records show they bought the property from the widow of well-connected entertainment attorney Milton Rudin who represented an army of high profile peeps like Liza Minnelli, Frank Sinatra, Marilyn Monroe, Lucille Ball, Elizabeth Taylor, The Jackson Five, and the Aga Khan.

listing photos and floor plan: Brown Harris Stevens