Now under way, sales at Plaza could set records

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Sales on the condos of the converted the Plaza Hotel are now under way, and initial asking prices indicate that the units could set price-per-square-foot sales records in Manhattan. A 1,202-square foot, one-bedroom, one-and-a-half bathroom condo is going for $5.1 million – or, about $4,242 a foot – according to Corcoran Group broker Jason Kay, one of many brokers trying to bring buyers to the project being marketed by Stribling & Associates. A 2,857-square-foot condo with three bedrooms and three bathrooms is on the market for $14.65 million – about $5,127 a foot. And a five-bedroom, five-and-a-half bathroom unit with 5,613 square feet is asking more than $5,200 a foot.