We almost forgot to mention that The Plaza is going condo. The struggling luxury hotel's owner, Prince Alwaleed Bin Talal, is selling to Elad Properties for $675 million. The new owners are reportedly going to convert some of the rooms to luxury apartments in order to charge more for the remaining hotel rooms. Brilliant! The condos won't be cheap either ($2000 per square foot, according the the Daily News), what with the prime views of the CBS Early Show tapings across the street.
· The 838G Suite! [NY Daily News]