A Manhattan hotel located on one of the priciest stretches of land in the world - nicknamed 'Billionaire's Row' - is now offering apartments that are priced far lower than their neighbors, but still in the millions. The ONE11 Residences at the Thompson Hotel went on sale on Thursday offering apartments as 'low' as $1.3 million for a one-bedroom, but as high as $14 million for larger four-bedroom penthouses. Joint projects between hotels and condo developers usually set a limit of 6 months for apartment residents, so the hotel can rent out the rooms, but the ONE11 residences will have no limit.
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