Frank Lloyd Wright’s Former Plaza Suite Gets a Price Cut to $26M
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Frank Lloyd Wright’s Former Plaza Suite Gets a Price Cut to $26M

March 16, 2016

The 4,000-square-foot Plaza suite that Frank Lloyd Wright once briefly called home just got a price reduction (and a broker change) from $39.5 million to $26 million (h/t Curbed). As 6sqft discovered last year, Wright lived in the corner apartment from 1954 to 1959 while he was working on the Guggenheim Museum. Though the architect’s past residency certainly adds interest, the impressive pad at 1 Central Park South does a fine job impressing us on its own—and we’re not alone, clearly, since the home was featured in Architectural Digest in 2014.

Current owners James and Lisa Cohen (chairman of Hudson Media and home editor at DuJour magazine, respectively) bought the sprawling condo for $13 million in 2009 to use as a Manhattan pied-a-terre (their main residence is in New Jersey). Then they proceeded to gut-renovate and redesign the home with help from Louis Lisboa of VL Architects and interior designer Susanna Maggard. The apartment headed back to the market last year for a renovation-reflecting $39.5 million. Now the colorful, luxurious and impossibly large four-bedroom pad is asking a significantly slimmer but still sizeable $26 million.

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

To be fair, there are units in the historic parkside residence on the market for more, including one asking $69 million. But this particular one boasts Central Park views and magazine-worthy interiors from every angle.

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

You’re introduced to the home via a foyer displaying a colorful art collection. Grand open living and dining rooms are framed by 13-foot ceilings, Venetian plaster walls, stone and hardwood floors and detailed custom moldings. Every convenience is in place, including extensive closet space, a washer/dryer, a Sonos audio system and a wet bar.

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

A bold professional-grade kitchen has top-of-the-line everything.

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

Separated from the home’s three additional bedrooms, an elegant master suite offers views of Central Park.

1 Central Park South, The Plaza Hotel, Plaza, Plaza Residences, Cool Listings, Frank Lloyd Wright, Susanna Maggard, Central Park South,

The master suite also offers a large dressing room, custom fitted closets and a luxurious spa bath that’s truly, as the listing calls it, “a one-of-a-kind retreat,” with mosaic stone walls and floor.

The prestigious 1907-built Plaza is an Historic National Landmark that has over the years hosted too many stars of stage and screen and other notables to count. An unparalleled menu of amenities rivals that of any five-star hotel including a 24-hour doorman, concierge, maid service, in-room dining services, valet parking, private storage, a La Palestra fitness center, a hair salon and spa, plus access to the hotel’s bars and restaurants.

[Via Curbed]

[Listing: The Plaza Residences, 1 Central Park South #409 by Suzan Kremer for Douglas Elliman]

[The Plaza at CityRealty]

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Images courtesy of Douglas Elliman

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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