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	<title>Observer &#187; Sweet Music! Russian Composer Will Break Condo Record at the Plaza</title>
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		<title>Observer &#187; Sweet Music! Russian Composer Will Break Condo Record at the Plaza</title>
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		<title>Sweet Music! Russian Composer Will Break Condo Record at the Plaza</title>

		<comments>http://observer.com/2011/03/sweet-music-russian-composer-will-break-condo-record-at-the-plaza/#comments</comments>
		<pubDate>Thu, 24 Mar 2011 16:22:11 -0400</pubDate>
					<link>http://observer.com/2011/03/sweet-music-russian-composer-will-break-condo-record-at-the-plaza/</link>
			<dc:creator>Matt Chaban</dc:creator>
				
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		<description><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/igor_krutoy.jpg?w=300&h=168" />Last month, word got out that <a href="/2011/real-estate/russian-composer-really-wants-play-records-condo-buy">Igor Krutoy was preparing to buy a $40 million condo</a> at the Plaza Hotel, nearly but not quite a record buy. Yet it almost seemed like he was desperate to make a splash, as he mulled condos over the $50 million mark at buildings such as 15 Central Park West.</p>
<p>Well, the best-selling Russian composer has gone ahead and broken the condo record after all, as the <em>Post</em> reports <a href="http://www.nypost.com/p/news/business/realestate/residential/exclusive_russian_composer_lands_oiWYcIFoCUodva7taQ0mGK?CMP=OTC-rss&amp;FEEDNAME=">Krutoy is actually paying $48 million for his new 6,000-sqaure-foot home</a> on the 12th floor of the converted hotel. That still does not surpass <a href="/2010/real-estate/citys-most-expensive-mansion-sale-again">the $53 million J. Christopher Flowers paid for the Harkness Mansion</a>, but it does top <a href="/2010/real-estate/carlos-slim-buys-duke-semans-mansion">Carlos Slim's purchase of the Duke Semans Mansion for $44 million</a>.</p>
<p>That makes this the most expensive sale since the housing bubble popped.</p>
<p><a href="/2010/real-estate/super-deal-plaza-hands-out-citys-priciest-staff-suite-3-m">The most expensive staff apartment</a>, a $3 million home for the super, can also be found at the Plaza, though the per-square-foot record still belongs to 15 Central Park West, where <a href="/2010/real-estate/zeckendorfs-15-cpw-penthouse-did-not-break-10000-square-foot-horror">William Lie Zeckendorf made $828.33</a> for every one of his illustrious Robert A.M. Stern-designed inches. How long before the building steals its crown back from the Plaza?</p>
<p>And now, without further ado, here is one of Krutoy's fullsome hits, so you know where all that money came from.</p>
</p>
<p><strong><a href="mailto:mchaban@observer.com">mchaban [at] observer.com</a> </strong>|<strong> <a href="http://twitter.com/MC_NYO">@mc_nyo</a></strong></p>
]]></description>
		<content:encoded><![CDATA[<p><img class="alignleft" src="http://nyoobserver.files.wordpress.com/2011/06/igor_krutoy.jpg?w=300&h=168" />Last month, word got out that <a href="/2011/real-estate/russian-composer-really-wants-play-records-condo-buy">Igor Krutoy was preparing to buy a $40 million condo</a> at the Plaza Hotel, nearly but not quite a record buy. Yet it almost seemed like he was desperate to make a splash, as he mulled condos over the $50 million mark at buildings such as 15 Central Park West.</p>
<p>Well, the best-selling Russian composer has gone ahead and broken the condo record after all, as the <em>Post</em> reports <a href="http://www.nypost.com/p/news/business/realestate/residential/exclusive_russian_composer_lands_oiWYcIFoCUodva7taQ0mGK?CMP=OTC-rss&amp;FEEDNAME=">Krutoy is actually paying $48 million for his new 6,000-sqaure-foot home</a> on the 12th floor of the converted hotel. That still does not surpass <a href="/2010/real-estate/citys-most-expensive-mansion-sale-again">the $53 million J. Christopher Flowers paid for the Harkness Mansion</a>, but it does top <a href="/2010/real-estate/carlos-slim-buys-duke-semans-mansion">Carlos Slim's purchase of the Duke Semans Mansion for $44 million</a>.</p>
<p>That makes this the most expensive sale since the housing bubble popped.</p>
<p><a href="/2010/real-estate/super-deal-plaza-hands-out-citys-priciest-staff-suite-3-m">The most expensive staff apartment</a>, a $3 million home for the super, can also be found at the Plaza, though the per-square-foot record still belongs to 15 Central Park West, where <a href="/2010/real-estate/zeckendorfs-15-cpw-penthouse-did-not-break-10000-square-foot-horror">William Lie Zeckendorf made $828.33</a> for every one of his illustrious Robert A.M. Stern-designed inches. How long before the building steals its crown back from the Plaza?</p>
<p>And now, without further ado, here is one of Krutoy's fullsome hits, so you know where all that money came from.</p>
</p>
<p><strong><a href="mailto:mchaban@observer.com">mchaban [at] observer.com</a> </strong>|<strong> <a href="http://twitter.com/MC_NYO">@mc_nyo</a></strong></p>
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