Translated by Bethszabee Garner
A legendary address in a demanding market, the Plaza Hotel embodies the history and timeless elegance of the city and could almost be considered a landmark. Since its opening in 1907, it has become the holy grail of luxury and European art de vivre, as well as New York density. In an increasingly competitive market, where prestige is measured by the uniqueness of the properties on offer, this residence represents a strategic opportunity for Compass and John Taylor, major players in the luxury real estate market.
A property with exceptional finishes
Far from the standard apartments and trendy underground lofts found in Manhattan, this unique five-bedroom residence offers a revisited Parisian charm, designed with that famous note we call the French touch. The majestic entrance opens onto a light-filled living room thanks to its iconic turret overlooking Central Park and Fifth Avenue. The choice of materials, woods, and 24-karat gold moldings are a perfect reminder of the elegance of Parisian mansions.
Each room has been designed to combine aesthetics and functionality. The dining room, with its sculpted columns and large bay windows, is perfect for entertaining guests in search of exclusivity. On the other hand, the library, with its noble wood and British charm, provides a more subdued atmosphere, conducive to reflection. The gourmet kitchen is equipped with state-of-the-art appliances and custom-made storage space, sure to delight foodies and demanding chefs alike. The sleeping area is equally impressive, with a master suite overlooking Central Park and a bathroom featuring imported onyx with a whirlpool tub and rain shower.
The Plaza Private Residences: a home away from home
Living at the Plaza means enjoying a range of services worthy of the finest palaces. Unlike other luxury residences in Manhattan, which are limited to a concierge and security service, the Plaza offers its residents a range of amenities comparable to those of a five-star hotel. Owners have a dedicated butler, twice-daily housekeeping, and 24-hour room service. Private access for residents guarantees absolute peace and quiet, while optimizing proximity to the landscaped gardens of the Plaza. The hotel's iconic spaces, such as the Grand Ballroom and the legendary Palm Court, are available to residents for private events or moments of relaxation.
A real estate market in search of the exceptional: a challenge for John Taylor
In the ultra-luxury real estate segment, exceptional properties do not stay on the market for long. With an asking price of $23 million, this residence falls into the category of exceptional properties, where value is measured in prestige, security, and uniqueness.
For John Taylor, a key player in the luxury real estate market, this sale represents a major strategic challenge. Specializing in exceptional properties around the world, the firm faces a double challenge: attracting a wealthy, often international clientele while strengthening its position in the ultra-competitive New York market, where transactions are worth their weight in gold.
Today's potential buyers are looking for a lifestyle experience. The Plaza, with its history, location, and exclusive amenities, meets these expectations. In a context where prestige real estate investments are increasingly focused on iconic and rare properties, this residence ticks all the boxes of a sought-after heritage asset.
Luxury real estate in New York is evolving, but some addresses remain timeless. The Plaza is undeniably one of them.
