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Plaza Suer's Penthouse Sells

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In the final final twist of the Plaza penthouse saga, Russian financier Andrei Vavilov has sold his duplex penthouse for just $8.4 million. Vavilov originally agreed to buy both a duplex and a triplex penthouse in the building for a total of $53.5 million. But he sued developer El-Ad for "secretly" changing the square footage and other features of the apartments. The compromise? Vavilov agreed to purchase the duplex penthouse for a discounted $11 million. For $2.6 million less than that, it's now off his hands. What will the Vavilov do now that the dust-up is behind him? He's moving on to the $37 million penthouse at the Time Warner Center. [NYO; previously]

The Plaza

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