About The Plaza Residences
The Plaza is a name that carries enormous weight in luxury real estate, and bringing that brand to Miami represents a significant expansion of one of hospitality's most iconic identities. When we first heard about The Plaza Residences coming to the Miami market, our immediate reaction was that this would attract a very specific buyer profile: someone who already understands the Plaza standard from New York and wants that same caliber of service, design, and prestige in a tropical setting. The project has generated considerable interest from our client base, particularly among buyers who split time between New York and Miami and want a familiar luxury standard in both cities.
The design approach for The Plaza Residences draws on the brand's legacy of timeless elegance while adapting to Miami's architectural context and tropical lifestyle. Expect interiors that balance classic sophistication with contemporary livability, featuring premium materials, refined color palettes, and the kind of meticulous attention to proportion and finish that The Plaza name demands. The building is being conceived to deliver a full-service residential experience, with the level of dedicated staffing, personalized service, and operational excellence that Plaza properties are known for worldwide. For buyers accustomed to hotel-branded living, the service infrastructure and the people behind it are often just as important as the physical product and the design itself.
From a market perspective, The Plaza Residences enters a competitive field of hotel-branded residences in Miami, including established and upcoming projects from Ritz-Carlton, St. Regis, Rosewood, and Mandarin Oriental. What The Plaza brings to the table is an unmatched legacy of prestige and a name recognition that resonates powerfully across generations and geographies. Our team positions it as the choice for buyers who value classic luxury and institutional-quality service over trendy design or flashy contemporary branding. The delivery timeline extends into the 2030-plus range, making this a pre-construction commitment that requires patience, but for the right buyer, the opportunity to secure a Plaza address in Miami is genuinely compelling and worth the wait.
The Plaza Residences at a Glance
768 Fifth Avenue, New York, NY
El Ad Properties
Henry Janeway Hardenbergh
2008
181
20
Kondominium
Central Park South
The Plaza Residences Condos for Sale
Why Buyers Choose The Plaza Residences
The Power of The Plaza Name
There are very few names in luxury hospitality that carry the weight of The Plaza. For over a century, it has defined a standard of elegance, service, and prestige that is recognized worldwide. Bringing that brand to Miami gives buyers access to a legacy property in one of the world's most dynamic luxury markets. Our clients who already know The Plaza from New York understand exactly what this name represents, and for many, the opportunity to own a Plaza residence in Miami is a natural extension of their lifestyle. Brand recognition at this level is genuinely rare in the branded-residence space.
Full-Service Residential Living
Hotel-branded residences succeed or fail based on the quality of their service programs, and The Plaza has a century-plus track record of operational excellence. Residents can expect concierge services, housekeeping, valet, and curated experiences that reflect the brand's hospitality DNA. For buyers who are accustomed to a fully serviced lifestyle, whether they are coming from existing hotel residences or simply value the convenience, The Plaza's service infrastructure is a major draw. Our team consistently hears from clients that service quality is just as important as design and location.
Classic Elegance in a Modern Market
Miami's luxury market has leaned heavily toward contemporary, minimalist aesthetics in recent years. The Plaza Residences offers an alternative for buyers who prefer timeless elegance and classic design sensibility. The interiors are expected to reflect the refined, sophisticated style that has defined Plaza properties for generations, adapted thoughtfully for Miami's lifestyle and climate. If you have toured multiple ultra-modern glass towers and found them cold or impersonal, The Plaza's approach to warmth, proportion, and classic luxury may be exactly what you are looking for.
New York to Miami Lifestyle Continuity
A significant portion of our buyer base splits time between New York and Miami, and The Plaza Residences offers an appealing consistency of brand experience across both cities. Owning a Plaza address in Miami creates a lifestyle continuity that few other projects can match. You know the standard, you trust the name, and you can move between your two homes with the confidence that the service and quality will be equally exceptional. For our clients who already live this bicoastal lifestyle, The Plaza Residences is a natural and compelling choice.
Our Take on The Plaza Residences Miami
The Plaza is one of those names that needs no introduction, and bringing it to Miami is a significant moment for the city's luxury residential market. We have been advising clients on hotel-branded residences for years, and the one thing we always emphasize is that brand pedigree matters enormously in this category. The Plaza has it in abundance, with a legacy that stretches back well over a century.
For buyers comparing this to other hotel-branded options in Miami, we think the decision hinges on personal style and brand affinity. Ritz-Carlton offers a polished, contemporary luxury experience with proven operational excellence. St. Regis leans into a more social, glamorous atmosphere. The Plaza occupies its own lane entirely: classic, institutional, and deeply rooted in a tradition of timeless elegance that transcends trends. If that resonates with you, this project will feel right from the very first moment.
The honest consideration is the timeline. A 2030-plus delivery means you are buying years ahead of completion, which requires patience and comfort with pre-construction risk. We have guided many clients through pre-construction purchases over the years, and the key is going in with realistic expectations about timing while securing favorable early pricing that rewards your commitment.
Our recommendation is to schedule a conversation with our team to discuss how The Plaza Residences fits within your broader real estate strategy. Whether you are looking for a primary Miami residence, a seasonal home for the winter months, or an addition to a portfolio of branded luxury properties, we can help you evaluate whether this project aligns with your goals and timeline. The Plaza name does not come to Miami often, and when it does, it deserves very serious consideration from qualified buyers.
Pembeli Internasional Disambut
Warga negara asing dapat membeli kondominium di Manhattan tanpa persyaratan visa atau tempat tinggal. Banyak pembeli internasional menggunakan LLC untuk privasi dan perencanaan warisan. Manhattan Miami mengkhususkan diri dalam memandu pembeli internasional melalui proses akuisisi, mulai dari opsi pembiayaan hingga prosedur penutupan transaksi.
Baca Panduan Pembeli Internasional Kami →About The Plaza Residences
The Plaza Residences - Iconic Central Park South Living
The Plaza Residences at One Central Park South represent one of Manhattan's most storied addresses. Developed by El-Ad Properties and designed by Costas Kondylis & Partners, this landmark conversion brought 181 private residences to The Plaza Hotel, one of the world's most recognized buildings. Completed in 2008, The Plaza Residences offer a rare opportunity to own within a living architectural icon overlooking Central Park.
Residences range from elegant studios to expansive full-floor layouts, many featuring direct Central Park views, soaring ceilings, and bespoke finishes. Owners enjoy access to The Plaza Hotel's legendary services, including the Palm Court, butler service, concierge, and the Guerlain Spa. The combination of hotel-level service, an irreplaceable Central Park South address, and The Plaza's timeless prestige makes these residences among the most sought-after in New York City.
Located at the intersection of Fifth Avenue and Central Park South, residents are steps from the finest shopping, dining, and cultural institutions Manhattan has to offer - from Bergdorf Goodman and the Pierre to Lincoln Center and the Museum of Modern Art.
Explore luxury condos in New York City or view Billionaires' Row for ultra-luxury developments. For international buyers, see our NYC guide for foreign purchasers.
Available Residences
Currently available at The Plaza Residences
Residence 1901
1 CENTRAL Park S #1901, Manhattan, NY 10019
Residence RES1707
1 CENTRAL Park S #RES1707, Manhattan, NY 10019
Residence 701
1 CENTRAL Park S #701, Manhattan, NY 10019
Hunian Tak Tertandingi
Koleksi Residensi
One Bedroom
1 BR
800–1,200 SF
From $2.5M
Two Bedroom
2 BR
1,200–2,000 SF
From $5M
Three Bedroom
3 BR
2,000–3,500 SF
From $10M
Penthouse
4–5 BR
4,000+ SF
From $25M
Residences from $11,000,000
World-Class Amenities
Wellness & Fitness
- The Plaza Spa
- Fitness center by La Palestra
- Swimming pool
- Sauna and steam room
Dining & Social
- The Palm Court
- The Champagne Bar
- The Todd English Food Hall
- Private event spaces
Building Services
- 24-hour concierge
- Doorman and security
- Valet parking
- The Plaza Hotel room service
- Housekeeping services
Lifestyle & Culture
- Access to Plaza Hotel amenities
- Grand Ballroom event access
- Terrace Garden
- Private wine cellars
Para Visioner
El-Ad Properties
Developer
El-Ad Properties led the landmark conversion of The Plaza Hotel into luxury residences, preserving the building's historic grandeur while creating world-class private homes.
Henry Hardenbergh
Original Architecture
Henry Hardenbergh designed the original Plaza Hotel in 1907 in the French Renaissance chateau style, creating one of the most recognized buildings in the world.
Costas Kondylis & Partners
Residential Conversion Architect
Costas Kondylis & Partners oversaw the architectural conversion of The Plaza into luxury residences, blending historic preservation with modern residential design.
Central Park South, New York
The Plaza Residences occupies one of the most prestigious addresses in New York City, at the corner of Fifth Avenue and Central Park South. Residents enjoy direct proximity to Central Park, world-class shopping along Fifth Avenue, and the cultural richness of Midtown Manhattan.
Bangunan Sebanding
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Jelajahi Kondominium Mewah
Kondominium Mewah NYC
Kondominium paling bergengsi di Manhattan
Billionaires' Row
Koridor residensial paling eksklusif di dunia
Manhattan New Developments
Kondominium pra-konstruksi dengan inventaris sponsor
Pembeli Internasional
Pajak, proses & kepemilikan bagi pembeli asing
Jelajahi Kondominium Mewah di Miami →
Branded residence & hunian tepi laut di South Florida
Pertanyaan yang Sering Diajukan
What is The Plaza Residences Miami?
The Plaza Residences brings one of the world's most iconic luxury hospitality brands to the Miami market for the first time. The project will offer branded residences with the full-service experience that The Plaza name is known for globally, combining classic design sensibility with Miami's waterfront lifestyle and tropical climate. Our team views it as one of the most significant additions to the city's luxury landscape in recent memory.
When will The Plaza Residences be completed?
The project is targeting delivery in the 2030-plus timeframe, which places it firmly in the pre-construction phase. This means buyers are committing early in the development cycle when pricing is typically most favorable. We advise clients to factor in potential timeline adjustments, as large-scale luxury projects in Miami frequently experience shifts during the development and construction process. Our team will keep you updated on milestones.
Who is the ideal buyer for The Plaza Residences?
Buyers who already appreciate The Plaza standard of hospitality, particularly those who split time between New York and Miami and want consistency of brand experience. We also see strong interest from international buyers who recognize the brand's global prestige and legacy of excellence. The ideal buyer values institutional-quality service, classically elegant design, and a name that has defined luxury hospitality for well over a century.
How does The Plaza Residences compare to other hotel-branded residences in Miami?
Miami has an impressive and growing roster of hotel-branded projects from Ritz-Carlton, St. Regis, Rosewood, and others. The Plaza differentiates itself through sheer brand legacy and a design philosophy rooted in classic elegance rather than contemporary flash or trendy aesthetics. For buyers choosing between these options, the decision often comes down to personal brand affinity and lifestyle preferences. Our team can guide that comparison in thorough detail.
What kind of services will residents receive?
Expect The Plaza's signature standard of hospitality service, including dedicated concierge, housekeeping, valet, and curated lifestyle experiences befitting the brand's storied reputation. Hotel-branded residences live and die by their service programs, and The Plaza's operational legacy spanning over a century gives us strong confidence that the residential offering will be executed at the highest level. We will share specific service details as they are formalized.
Is The Plaza Residences a good investment opportunity?
Hotel-branded residences with strong brand identity and service infrastructure tend to hold value well over time, and few brands carry the weight that The Plaza does in global luxury hospitality. The name carries exceptional recognition and prestige that supports premium pricing both at initial purchase and on resale down the road. As with any pre-construction purchase, there is an inherent timeline and execution risk, so we recommend buying with genuine intention to use the residence.
What are the expected price points?
Pricing details for The Plaza Residences will be released as the project progresses through its development milestones and approaches its sales launch. Pre-construction pricing in Miami's luxury branded-residence segment varies widely based on floor level, exposure, view corridor, and unit size. Contact our team for the latest pricing information as it becomes available, and to discuss how anticipated pricing compares to comparable branded projects currently on the market.
Can your team provide a private consultation about The Plaza Residences?
Yes, and we would be happy to do so. Our team tracks every major luxury development in Miami and can provide a comprehensive briefing on The Plaza Residences, including current project status, anticipated availability, pricing expectations, floor plans, and how the project compares to other branded options in the competitive landscape. We offer candid, buyer-focused advice designed to help you make the right decision for your situation.
The Plaza Residences Awaits
Para spesialis kami akan memberikan daftar harga, denah lantai, dan insentif pengembang eksklusif yang dipersonalisasi.
768 Fifth Avenue, New York, NY
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Analisis Pasar Properti Manhattan
Konteks Pasar: Harga kondominium mewah di Manhattan tersegmentasi menurut submarket. Koridor Billionaires’ Row (57th Street, antara Park Avenue dan Columbus Circle) mencatat harga per kaki persegi tertinggi di Amerika Serikat, dengan residensi trofi yang diperdagangkan pada $4,000-$10,000+ per SF. Manhattan bagian bawah (Tribeca, West Village, Soho) memiliki tingkatan ultramewahnya sendiri, didorong oleh pasokan pengembangan baru yang terbatas. Median kondominium Upper East Side dan Upper West Side berada jauh di bawah level trofi downtown, tetapi menawarkan denah lantai yang lebih luas serta akses ke Central Park. Harga di Manhattan sensitif terhadap suku bunga, tarif berjenjang Mansion Tax, dan tahap rencana penawaran setiap gedung.
Wawasan Entitas: Pengembangan baru yang dijual langsung oleh sponsor pada 2026 mencakup 80 Clarkson (West Village), 255 East 77th (Upper East Side), 140 Jane (West Village), 1122 Madison (Carnegie Hill), dan Mandarin Oriental Fifth Avenue. Gedung yang telah selesai dengan inventaris sponsor tersisa mencakup Central Park Tower, 220 Central Park South, 53 West 53, 111 West 57th, dan 50 West 66th. Masing-masing memiliki riwayat sponsor, bank pemberi kredit konstruksi, ritme amendemen rencana penawaran, serta status 421-a atau keringanan pajak lainnya yang berbeda dan wajib diuji tuntas satu per satu.
Sinyal bagi Pembeli: Fondasi struktural Manhattan mencakup proses rencana penawaran yang diawasi Jaksa Agung New York (memberikan perlindungan prosedural di sisi pembeli yang tidak tersedia di pasar dengan regulasi lebih longgar), kedalaman pasar jual kembali (likuiditas tinggi saat keluar dari investasi), dan pasokan jangka pendek yang terbatas (kapasitas zonasi yang sempit di submarket inti). Risiko yang perlu ditimbang saat kontrak: kenaikan tarif berjenjang Mansion Tax di atas $2M, pengalihan pajak pengalihan kepada pembeli pada penjualan sponsor, eksposur batas lahan dan koridor pandang pada lahan tertentu, kebijakan dewan kondominium terkait sublet dan penjualan kembali, serta jadwal penghapusan bertahap 421-a bila berlaku. Status setiap proyek, tingkat inventaris sponsor, amendemen rencana penawaran AG, harga, atau persentase penjualan perlu diverifikasi pada saat Anda bertanya.
Fakta Kunci
- Rentang $/SF kondominium trofi Manhattan: $1,500-$10,000+
- Rata-rata $/SF Billionaires’ Row: $4,000-$10,000+
- $/SF trofi downtown (Tribeca/West Village): $2,500-$6,000+
- Mansion Tax: 1% di atas $1M, tarif berjenjang di atas $2M bagi pembeli
- Deposit kontrak sponsor pada umumnya: 10%-20% saat penandatanganan
- Jendela telaah standar oleh pengacara pembeli: 1-3 hari kerja sejak kontrak diterima
- Komisi di sisi sponsor: pengembang membayar agen pembeli pada penjualan sponsor
- Program keringanan pajak (bila berlaku): 421-a, J-51, status diverifikasi gedung per gedung
- Kepemilikan melalui LLC bagi warga negara asing: lazim, disusun saat kontrak
Prosedur Pembeli
Prosedur penjualan sponsor di Manhattan: formulir reservasi → penyampaian rencana penawaran → telaah pengacara pembeli → penandatanganan kontrak dan deposit awal → komitmen hipotek (bila dibiayai) → penutupan transaksi saat serah terima. Prosedur inventaris sponsor dan pasar jual kembali berbeda; perencanaan advisori sebelum kunjungan sangat disarankan.
Tanya Jawab Properti Manhattan
Apa itu rencana penawaran Jaksa Agung New York?
Rencana penawaran adalah dokumen hukum yang diajukan kepada Jaksa Agung New York dan mengatur penjualan setiap kondominium di Manhattan. Dokumen ini menetapkan penanganan deposit, spesifikasi unit, biaya bersama, pajak properti, kewajiban sponsor, dan perlindungan pembeli. Tidak ada penjualan kondominium Manhattan yang ditutup di luar kerangka rencana penawaran yang telah diterima; amendemen diajukan secara berkala dan ditelaah oleh pengacara pembeli saat kontrak.
Apa itu inventaris sponsor?
Inventaris sponsor merujuk pada unit yang belum terjual dan masih dimiliki pengembang gedung (“sponsor”). Unit sponsor benar-benar baru, belum pernah dihuni, dan dapat mencakup harga yang dapat dinegosiasikan, kredit biaya penutupan, serta akses ke program keringanan pajak bila gedung memilikinya. Transaksi di sisi sponsor mengikuti rencana penawaran, bukan kontrak jual kembali standar.
Keringanan pajak apa yang berlaku di Manhattan?
421-a adalah keringanan kondominium yang paling umum di Manhattan, memberikan beban pajak properti yang lebih rendah selama 10 hingga 25 tahun pada pengembangan baru yang memenuhi syarat. J-51 berlaku pada gedung hasil rehabilitasi tertentu. Setiap keringanan memiliki jadwal penghapusan bertahap serta status kualifikasi spesifik per gedung yang wajib diverifikasi dalam rencana penawaran dan sertifikat pajak terbaru.
Biaya penutupan apa saja yang berlaku pada kondominium Manhattan?
Biaya penutupan di sisi pembeli umumnya 2% hingga 4% dari harga, mencakup pajak pengalihan NYC dan NYS (sering ditanggung pembeli pada penjualan sponsor), Mansion Tax (1% di atas $1M dengan tarif berjenjang di atas $2M), title insurance, honorarium pengacara pembeli, Mortgage Recording Tax bila dibiayai, serta biaya bersama dan pajak properti yang diprorata.
Apakah biaya bersama sama dengan iuran HOA?
Tidak. Kondominium di Manhattan menggunakan istilah “common charges” (biaya bersama), bukan iuran HOA. Biaya bersama mendanai operasional gedung, staf, fasilitas, dan dana cadangan. Pajak properti ditagih terpisah oleh NYC dan bukan bagian dari biaya bersama.
Bagaimana Manhattan Miami memperoleh imbalan pada transaksi di Manhattan?
Pada pembelian pengembangan baru di sisi sponsor, pengembang membayar komisi agen pembeli Manhattan Miami. Pendampingan pembeli tidak menimbulkan biaya apa pun dari kantong pembeli. Pada transaksi jual kembali, pengaturan komisi diungkapkan pada awal kerja sama.