WOW! Plaza Penthouse LLLP v CPS 1 Realty LP: “Plaintiff Plaza Penthouse LLLP signed a purchase agreement for $5.25 million, for what it thought was a two bedroom, park view apartment at the legendary restored Plaza Hotel, without ever laying eyes on the intended penthouse apartment. Upon finding out the apartment had only one bedroom and no park view, plaintiff commenced this action seeking, among other things, the return of its $1.05 million down payment.”
This is Yitzhak Tshuva’s building. There is no name of the actual depositor who plunked $1.05 mil deposit without ever seeing the property, just the front. I couldn’t find there the size of the property but it lists two bathrooms and one 1,393sf bedroom. The entire apartment must be just around 2,000 sf. That’s $2,626 per sf, holy cow! (via city life)