The Times‘ hedonistic front-pager this morning on how the very rich keep on spending, never mind the downturn, mentions this Manhattan housing market tidbit:
Buyers this year have already closed on 71 Manhattan apartments that each cost more than $10 million, compared with 17 apartments in that price range during all of 2007. Read More
In an epic article today on why the super rich are still spending superbly, the Times wrote that buyers have "already closed on 71 Manhattan apartments that each cost more than $10 million, compared with 17 apartments in that price range during all of 2007."
That stat was already outdated by lunchtime. Read More
Just after 8:00 on the evening of October 1st, with a large group of dapperly dressed guests gathered in Grand Army Plaza below, a 12-foot cake shining in the spotlight amidst them, and a small cast of hosts counting down from ten on stage, the first sparks of light erupted from the rooftop of Read More
The Plaza officially has its first entertainment bigwig in residence.
Doug Morris, Chairman and C.E.O. of Universal Music, and his wife Monique have purchased a condo in the refurbished hotel for approximately $9.9 million, according to city records.
Mr. Morris got his start in the music business as a songwriter, penning such Read More
A condo has finally and officially sold in the renovated Plaza Hotel. While many units are under contract in the refurbished hotel, this is the first sale that has officially closed.
The sale appeared in city records on June 21 for $11.2 million. The buyer is listed as Hampshire Industries.
In August Read More
Has a metropolis ever had such a lengthy era of debauched prosperity? Will the bubbly prices of hard-boiling Manhattan real estate ever simmer down?
No.
According to a source, a condo at the newly refurbished Plaza Hotel has gone to contract for at least $50 million, which quite easily makes it the biggest Read More
A Red Bellman’s uniform. Estimate: $200-300.
Of course, the Plaza’s luxury condos–like the $25 million spread Flavio Briatore just picked up–are out of most people’s price range.
So, how about a nice bellman’s uniform instead?
On March, 15, Christie’s will be holding an auction for various items that are far Read More
Despite Ron Lauder’s protestations over the sullying of the Plaza Hotel’s lobby, the city Landmarks Preservation Commission voted today in favor of changing the zoning designation to permit shops in the mezzanine’s Terrace Room, a commission spokeswoman told The Real Estate.
The zoning change has to go before the city Planning Commission Read More
