Developer Harry Macklowe is in contract to purchase a number of units at the Plaza that he intends to combine in order to build a single large residence. Macklowe still needs to purchase one unit in order to build his giant residence, and sources say he will likely be spending around $68 million on all the properties he’s purchasing at the Plaza. One broker who is working on sales at the landmark says units are going for a record $6,500 per square foot. more [Post]
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Macklowe to live large at the Plaza
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