Rooms at the Pierre Hotel, an icon of old New York (at least as far as Mad Men is concerned), were long closed for renovations. But some of them opened last month, and Taj Hotels, which took it over and gave it a $100 million renovation, announces the new Taj Pierre will be at full strength by September. And it has just opened a new lobby bar, Two E, which it hails as “Manhattan’s newest social destination,” with “cocktails meticulously crafted from the freshest ingredients,” a $55 tea service, etc. Wandermelon reviews the new rooms’ “luxuriously textured silk and brocade fabrics, hand-woven carpets, and tufted leather headboards,” and “reimagined bathrooms featuring Turkish marble, a glass-walled shower with oversized showerhead, a soaking tub, and a flat-panel TV.” The rooms start at $537. Sounds luxe, but we’re not sure how that will fly, as Manhattan hotel rates have been dropping like an express elevator — 26 percent in the past year, and it’s just getting worse. Well, it’s still a good destination for that last-minute splurge. Image via Wandermelon.