It’s called the Jewel Suite for 
good reason. Pony up the $25,000 a night to stay at this luxury 
apartment in New York City, and the hotel will throw a diamond ring in 
the deal.
That’s right. In lieu of the complimentary free bottle of bubbly, fruit basket or box of chocolate bonbons, The New York Palace has upped the ante by offering a diamond ring valued at $2,500 designed by jeweler to the stars Martin Katz.
At
 5,000-square feet (465 square meters), the Jewel Suite spans three 
levels across the hotel’s Tower apartments atop the building's 53rd 
floor.
Designed by Katz, who 
has blinged out stars like Sandra Bullock, Angelina Jolie and Nicole 
Kidman, the suite is decorated in jewel tones, Port Laurent stone 
floors, a grand piano, and the pièce de résistance centerpiece: a 
20-foot (6 meter) ‘diamond waterfall’ chandelier.
If
 that’s not enough to remind guests of the theme of the suite, jewelry 
boxes suspended from the ceiling showcase Katz-designed gems around the 
apartment, indulging every girl’s fantasy.
On
 the second floor, the master bedroom is decorated with Art 
Deco-inspired chairs upholstered in silver and pearl velvet, while the 
third floor features a wood-burning fireplace and a private outdoor 
terrace and spa.
Looking for a
 place to pop the question and have $50,000 to spare? The hotel also 
offers the “Ultimate Proposal Package” that includes a private 
consultation with Katz for a custom-designed ring and a private dinner 
on the rooftop terrace.
Oenophiles,
 meanwhile, haven’t been forgotten, as the hotel also offers a 
champagne-themed suite that includes a wine cave and a dining room that 
can seat 10 guests.
