THE CONDO BOOK PROJECT

Plaza Condominium

1 Central Park South, Manhattan, NY 10019

Overview

Units
181 residential · 30 storage · 3 commercial
Subway
3 min walk to 5 Av/59 St N R W57 St M, 3 min
Principals
Miki Naftali, Orly Hackmon
Offering price
$1.12 million total $1331.2 million when first offered

The sponsor of record is Plaza Residential Owner LP, represented by Kramer Levin Naftalis & Frankel LLP. The offering plan runs 617 pages. The sponsor has filed 22 amendments, the latest in October 2019. The nearest other condo plan on file is One Central Park South Tower Aol Time Warner *, next door.

Plan CD050246 · New · accepted Dec 7, 2005 · AG record ↗

Budget

From our research: The Sponsor's Condo-Creation Fee in NYC · NYC Condo Insurance Costs Are Rising · Condo Supplies Cost per Unit, by Size

Team

Sponsor
Plaza Residential Owner LP
Principals
Miki Naftali, Orly Hackmon
Tax estimate
Leitner Group, Inc.Prepared the first-year real estate tax projection
Construction lender
Column FinancialLender on the mortgage and building loan agreement recorded October 2004 in ACRIS

From our research: Do NYC Developers Rehire the Same Firms?

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