$45M for a two-for-one penthouse palace at the top of the Plaza
What does downsizing look like for a Russian billionaire? According to the New York Post, it includes finding a buyer for this pair of penthouses under the iconic eaves of the Plaza Hotel at 1 Central Park South. A falling-out with Vladimir Putin (generally bad for business) and the loss of his stake in a Moscow Airport have resulted in a property sell-off for real estate mogul Valery Kogan, reportedly including this $45 million pairing of impossibly huge condos overlooking Central Park.

Penthouse 2009 is a 6,000-square-foot triplex with private outdoor space, unobstructed park views, and an interior elevator connecting all floors.
A living room that the listing describes as “baronial” is enhanced by a marble bar.



A formal dining room has its own wine wall. The eat-in kitchen is ready to serve. A media room and a park-facing office surround a staircase leading to the upper floor.



The entire upper level is comprised of the primary suite; 33 feet of terrace wrap this midtown sanctuary. Within a sitting room, dual marble-clad baths, two dressing rooms, a private bar with a wine chiller, and a dedicated laundry surround the bedroom. Three additional bedrooms can be found on a private lower floor.



Penthouse 2003 spans 4,000 square feet on two levels. A double-foyer entry leads to a living room that harkens back to the city’s Gilded Age, wrapped by dazzling park views.
On this level, you’ll find a butler’s kitchen and powder room, anchored by an intricate staircase leading upstairs.



On the upper floor are three bedrooms and three full baths. A terrace loggia adds drama to a park-facing terrace adjacent to the building’s iconic mansard roofline with its green copper cresting.
The primary suite has a wood-burning fireplace with a white marble surround, a sitting room, and a luxurious bath, all overlooking the park.

These two trophy residences are connected by 82 feet of continuous park-facing terrace. Combine them into a 10,000-square-foot penthouse estate, or use one for visiting dignitaries and other guests.
The Plaza is a National Historic Landmark that has welcomed world leaders, celebrities, and New York City legends for over a century, with its history given life by the exploits of the irrepressible Eloise.
Perks for residents include a private entrance on 59th Street and full access to the hotel’s services, which include a 24-hour doorman and concierge, white-glove staff, and exclusive privileges at the Palm Court, Champagne Bar, Guerlain Spa, and fitness center.
[Listing details: 1 Central Park South, PH2003/09 at CityRealty]
[At The Corcoran Group by Kane Manera and Douglas J. Albert]
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