Albeit at a nearly $3 million loss.
But has the damage been done?
We predict smooth sailing from here.
In another blow to developers at the renovated hotel, the Wildenstein family has backed out of the building because of unwanted public scrutiny.
Now El-Ad, the developers behind the new Plaza hotel, are suing the Russian financier over his ‘defamatory’ complaints about his penthouse apartment.
Buckling floors? Ceilings caving in? Tiny windows? What is this, the Lower East Side?
A buyer for two new penthouses at the legendary hotel is highly unimpressed with what his $53.5 million got him.