12/18/2013 03:24 EST

New York Palace Hotel Offers Guests Free Diamond Ring After Stay At Suite

New York Palace

(Relaxnews) - 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 jeweller 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 centrepiece: a 20-foot (6 meter) ‘diamond waterfall’ chandelier.

If that’s not enough to remind guests of the theme of the suite, jewellery 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.

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