$45M for a two-for-one penthouse palace at the top of the Plaza
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$45M for a two-for-one penthouse palace at the top of the Plaza

June 17, 2026

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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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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