New York may be officially the most popular place in the US to spend New Year, but travelers will still be paying through the nose for the privilege.

Staying in the Big Apple in 2012 will cost revelers up to 700 percent more than normal, price comparison site NewYorkHotels.org said this week.

On average, the 50 properties that have room availability are charging more than triple their regular rates, the website calculated.

A Japanese department store is offering anyone with a quarter of a million dollars a lucky dip bag stuffed with expensive jewellery to ring in the New Year.

One lucky customer prepared to hand over a numerically significant 20.12 million yen ($259,000) can celebrate the turn of the year with a fistful of precious baubles.

The “fukubukuro” (lucky bag) — a feature of the New Year in Japan, one of the country’s most important holidays — will go on sale on January 2.

The Hennessy V.S.O.P Privilege Collection NyX limited-edition bottle is created to reflect the world’s best-selling cognac’s contestant spirit and dynamical nature.

It follows the shiny Hennessy V.S.O.P Helios, the first product of Hennessy’s Privilege Collection which was inspired by the ancient Greek god of the sun.

The iconic cognac’s bottle is redesigned to present an extra class alcohol in a modern translucent platinum glass with metallic purple trim inspired by a starry night.

These unusually shaped Normann Copenhagen glasses are designed to enhance the bouquet, temperature and volume of fine Cognac.

Designed by Rikke Hagen, these 11cm diameter glasses are beautifully crafted, with an innovative design that sees the glass having no stem.

“The shape of the glass increases the intimate experience of drinking cognac by accentuating the deep colour and movement of the liquid”.

Electric car maker Tesla has announced a special edition model of its Roadster sports car, as it prepares for the debut of its new Model S (pictured above).

The brand, which created the world’s first high-performance electric car in the Roadster, will sell just 15 of the Final Edition Roadster models.

Although the specifications of the model haven’t been changed, it is finished in distinctive Atomic Red paint, dark stripes and exclusive anthracite aluminium wheels.

Photographed by Mario Testino, Abbey Lee Kershaw stars as the face of Versace’s “Yellow Diamond” fragrance campaign.