A Look At How The 1% Lives–Inside A $70 Million Penthouse At NYC's Plaza Hotel

Nothing embodies New York City's tradition of high-end real estate like the Plaza Hotel, but the luxury property game has different levels. The highest level at the Plaza is the penthouse, and one is available for $70 million. Keep reading to find out what makes the Plaza's penthouses so special and why that monstrous asking price could be a relative bargain.

Location has always been key to real estate value, and the Plaza's location on the world-famous Fifth Avenue puts the very best of Manhattan at your fingertips. It sits adjacent to the world-famous Central Park and offers breathtaking views of New York's skyline from almost every room. That said, the penthouse view is special, even by New York standards.

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 Full-time residents also have access to the Plaza's facilities, which include:

• The luxuriant Guerlain Spa
• The Plaza's famous Champagne Bar
• The Palm Court Restaurant

The Plaza Hotel has been a preferred destination for one-percenters visiting New York since it opened in 1907. The Plaza's unmistakable French Chateau style architecture and posh interior finishing have been featured in iconic films such as Home Alone 2, Sleepless in Seattle, and the Alfred Hitchcock classic North by Northwest. Through it all, the Plaza's penthouses have been its most sought-after spaces by far.

According to Homestratosphere.com, the property is 6,316 square feet. It includes four bedrooms and four and a half baths, and a gourmet kitchen with a giant skylight. Marble fireplaces, floor-to-ceiling windows, and double-dressing rooms in the bedroom suites combine to make this such a unique living space. Then, there is the giant terrace overlooking Central Park.

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An opulent all-wood, curved staircase connects the property's three levels and accentuates the herringbone wood floors. The property also includes a generous breakfast nook for informal dining, and the kitchen is a food-lover’s paradise. It has a full network of sleek, white cabinets that accentuate the stainless-steel appliances. Sunshine beams in from the skylight above, creating a unique culinary experience.

That's not all. This penthouse also features the ultimate corner office with vistas of the city skyline and Central Park. Custom wood-built-ins and angled skylights combine to create a perfect space for remote work and Zoom meetings. The formal dining room and private wine bar top off the package in spectacular style. Every meal or drink served here will be a memorable occasion for anyone lucky enough to attend. 

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No luxury element has been spared, least of all the bathroom, which is coated in marble from floor to ceiling. The only thing more impressive than the ambiance and natural light beaming into the master suite is the size. As is the case with the rest of the penthouse, Central Park and Upper West Side Views are prominent features. Whoever buys this space will wake up feeling like they are sitting on top of the world.

However, all that luxury comes at an incredibly high price. The $70 million asking price for 6,316 square feet means the penthouse is valued at a whopping $11,082.96 per square foot. Living at the Plaza will put you at the center of it all, and you'll feel like you are on vacation every day. The only thing separating you from this palace is $70 million. 

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