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Plaza pad sells for record $50M

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A condo at the Plaza Hotel is said to be in contract for $50 million, a record sales price for a New York City apartment. Information on the buyer has not been disclosed. Up to now, the most ever paid for a city apartment is $45 million, which Daniel Loeb reportedly shelled out a couple years ago when he bought a full-floor penthouse at 15 Central Park West. more [NYO]

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