What High-End Market Trouble? Plaza's Versace Units Snapped Up


Not worried by mortgage-market meltdown or stock-market volatility or spiking rates on jumbo mortgages? Still looking for a prime place to park your millions? We've got some bad news, then: The Plaza is nearly sold out. Indeed, even the two much-photographed, Donatella Versace–designed model apartments — dubbed "white" and "black" for their dominant color schemes and used by the building's hotel-to-condo redevelopers to attract potential purchasers — have been snapped up, a Plaza source told us today. The 1,212-square-foot one-bedroom unit, which faces Central Park, fetched $6.9 million, while the 2,656-square-foot two-bedroom, with both park and western views, went for $12.5. (Neither of those prices includes the Versace trimmings, which would have cost who knows how much more.) But don't give up yet, highfliers determined to live in a converted hotel space. The Pierre penthouse is still on the market, for a mere $70 million. —S. Jhoanna Robledo