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Live in a $5.9M Apartment for Free by Getting a Job as a Building Manager

 Rendering of view from resident living room at 157 W. 57th St.
Rendering of view from resident living room at 157 W. 57th St.
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One57

MIDTOWN — Who says Billionaire's Row has no affordable housing?

Resident managers at four of the new ultra-luxurious condo towers near West 57th Street will live rent-free in multi-million dollar apartments while raking in six-figure salaries, according to documents filed with the state.
 
The resident manager at Vornado’s 220 Central Park South will live in a 1340-square-foot, two-bedroom, two-bath apartment with a walk-in closet and washer/dryer valued at $5,264,503, according to the condo’s offering plan. The salary: $261,538 a year, plus union benefits.
 
At Extell’s One57, the 1,985-square-foot resident manager’s unit on the 34th floor sees your two beds and baths and raises you a powder room. The apartment's list price is for $5,955,000. Phone and electricity are also covered. The salary is $125,000 plus union benefits, including pension and health. The hours are 5 days a week, 8 hours a day, “and on call for emergencies day and night,” according to the offering plan. Duties include: “supervision of day-to-day building operation and building staff and liaison with residents for all homeowner related concerns.”
 
If you're more of a Park Avenue person, CIM’s 432 Park, unit 28M, priced at $3,918,000, comes with free utilities and a parking spot. The two-bedroom, two-bath 1,306-square-foot unit has wood floors, German appliances and bathroom fixtures and a walk-in closet. The salary is $125,000.
 
The sweetest gig in town may be the one at the MOMA tower, 53W53. The lucky resident manager will live in the Jean Nouvel-designed building beside the museum in a three-bedroom, 2.5-bath, 1,852-square-foot unit priced at $5.1 million. The salary is $225,000 and will be topped with union benefits.  No word if you can get away with sneaking a dip in the cold plunge pool on the spa deck. The job is not yet taken.
 
“53W53 is currently under construction, with occupancy scheduled for fall of 2018,” a spokeswoman for the building told DNAinfo. “So the topic of resident managers is very premature in this case.”
 
The management companies will post the jobs and make all hiring decisions, according to Rachel Cohen of SEIU 32BJ, the union that represents residential managers.
 
Of the five Billionaire’s Row condo towers that have filed plans with the state, only JDS’ Steinway project will not put its manager up. Their non-resident manager position pays $125,000 and will not be a union job, according to the offering plan.