The Great Read: The Commerce Secretary, a Gilded Hotel and Claims of a Secret Plan
Some residents of the Pierre claim that Howard Lutnick, who owns the penthouse, was part of a plot to sell off this symbol of Manhattan glamour and wealth.
The New York Times
The Great Read

September 16, 2025, 2:01 p.m. Eastern time

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Pedestrians walking past glass doors, underneath an awning that says “The Pierre.”

Hiroko Masuike/The New York Times

The Commerce Secretary, a Gilded Hotel and Claims of a Secret Plan

Some residents of the Pierre claim that Howard Lutnick, who owns the penthouse, was part of a plot to sell off this symbol of Manhattan glamour and wealth.

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