The Peninsula secured one of the hottest spots in Istanbul for its new property, right on the banks of the Bosphorus in the city’s historic Karaköy district. The hotel comprises four buildings — three are protected landmarks dating back to the early 1900s — which have been carefully restored to their full splendor. Occupying the entire top floor of the property’s southernmost building, the 5,447-sq-ft Peninsula Suite is the best place to soak up the views. The sprawling suite has an elegant living room complete with a baby grand piano, a private hammam and a lavish bathroom clad in Marmara marble. The real draw, however, is the outdoor terrace, which features a private rooftop swimming pool and breathtaking glass house solarium.