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.

Christian Louboutin, whose red-soled footwear is coveted by women worldwide, is to open his first US boutique for men in New York next spring.

News of the 1,035-sqf shop in the Meatpacking District comes after the brand opened his first boutique dedicated to men’s shoes last September in Paris.

“The men’s shoes only represent a small portion of the business at present but we think it has huge potential for the future,” Alexis Mourot, CEO for the brand, said.

The daughter of a Russian billionaire has broken New York real estate records by paying $88 million for a huge Manhattan apartment, Forbes magazine reported.

Yekaterina Rybolovleva, daughter of former fertilizer magnate Dmitry Rybolovlev, paid full asking price for the multiroom spread at 15 Central Park West.

This is a record for an individual transaction in a city renowned for pricey property. The record was previously owned by Sanford Weill, a former chairman of Citigroup.

One57, the ultra-luxury condo tower that’s under construction on West 57th Street, is being billed as the tallest residential tower in New York City.

Thirteen condos in the building are listed with asking prices of $42 million or more, and two high-floor duplexes are priced at $98.5 million.

The 90-story glass tower will feature 95 residences above a Park Hyatt. Hotel amenities will be available to residents.

Artist John Baldessari has plastered a fake $100,000 bill on a billboard next to Manhattan’s High Line elevated park, on 10th Avenue at West 18th Street.

$100,000 bills actually exist. They were printed during the Great Depression but never publicly circulated.

Model Chanel Iman unveiled what has been dubbed the world’s first million-dollar fragrance bottle in New York on December 5.

The 21-year-old was accompanied by bodyguards to present a specially designed version of the latest fragrance Golden Delicious at DKNY’s New York flagship store.

Inspired by the New York skyline and designed by jeweler Martin Katz, the bottle is adorned with 2,909 rare jewels from across the globe, including 2,700 white diamonds, 183 yellow sapphires and a 2.43-carat yellow canary diamond.