The Plaza, as a name brand, is synonymous with a type of classic Gotham luxury that many people?foreigners, mostly?would love to have in their trophy cases. That's why, if you are fortunate enough to own piece of the Plaza, you can charge whatever the hell you want for it. Still, we had to pause on this Sotheby's listing for a rental in the renovated condo-hotel to make sure our eyes weren't deceiving us. One bedroom ... $30,000 a month? Oh yes. Given the reservation fee estimates floating around, it is certainly possible that it is cheaper to book a room in the Plaza for a month than to rent one from a buyer. And that, friends, is how the rich get richer.
· Listing: The Plaza - Grand 1-Bedroom Suite Rental [Sotheby's]
· Celebrity Real Estate Wrap: Plaza Gives Up its Models [Curbed]
· Mack Daddy Sinking Large Fortune Into Plaza [Curbed]