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
Condominium
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.
Internationale kopers welkom
Buitenlandse kopers kunnen condominiums in Manhattan verwerven zonder visum- of verblijfsvereisten. Veel internationale kopers maken gebruik van LLC's voor privacy en vermogensplanning. Manhattan Miami is gespecialiseerd in het begeleiden van internationale kopers door het verwervingsproces, van financieringsmogelijkheden tot de afronding van de transactie.
Lees onze gids voor internationale kopers →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
Wonen van ongeëvenaarde klasse
Woningcollectie
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
De visionairs
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.
Vergelijkbare gebouwen
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's Werelds meest exclusieve residentiële corridor
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Pre-constructie condominiums met aanbod van de ontwikkelaar
Internationale kopers
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Veelgestelde vragen
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
Onze specialisten verstrekken persoonlijke prijzen, plattegronden en exclusieve incentives van de ontwikkelaar.
768 Fifth Avenue, New York, NY
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Marktanalyse vastgoed Manhattan
Marktcontext: De prijzen van luxecondominiums in Manhattan zijn gesegmenteerd per deelmarkt. De Billionaires’ Row-corridor (57th Street, tussen Park Avenue en Columbus Circle) noteert de hoogste prijs per vierkante voet van de Verenigde Staten, met prestigieuze residenties die worden verhandeld voor $4,000-$10,000+ per SF. Downtown Manhattan (Tribeca, West Village, Soho) kent een eigen ultraluxe segment, gedreven door het beperkte aanbod van nieuwbouw. De mediane condominiumprijzen op de Upper East Side en Upper West Side liggen aanzienlijk onder de topniveaus van downtown, maar bieden grotere plattegronden en toegang tot Central Park. De prijzen in Manhattan zijn gevoelig voor rentestanden, de schijven van de Mansion Tax en de fase van het offering plan van elk afzonderlijk gebouw.
Inzicht in de projecten: Nieuwbouw rechtstreeks van de ontwikkelaar omvat in 2026 onder meer 80 Clarkson (West Village), 255 East 77th (Upper East Side), 140 Jane (West Village), 1122 Madison (Carnegie Hill) en Mandarin Oriental Fifth Avenue. Opgeleverde gebouwen met resterende sponsor inventory omvatten Central Park Tower, 220 Central Park South, 53 West 53, 111 West 57th en 50 West 66th. Elk gebouw kent een eigen staat van dienst van de ontwikkelaar, bouwfinancier, ritme van wijzigingen op het offering plan en status van 421-a of andere belastingverminderingen, die stuk voor stuk afzonderlijk moeten worden onderzocht.
Signaal voor kopers: De structurele fundamenten van Manhattan omvatten het door de procureur-generaal van New York gecontroleerde offering plan proces (dat kopers procedurele bescherming biedt die in minder gereguleerde markten ontbreekt), de diepte van de wederverkoopmarkt (hoge liquiditeit bij verkoop) en het beperkte aanbod op korte termijn (weinig resterende bestemmingscapaciteit in de kerndeelmarkten). Risico's om bij de overeenkomst te beoordelen: de oploop van de Mansion Tax schijven boven $2M, de overname van de overdrachtsbelasting door de koper bij verkoop door de ontwikkelaar, blootstelling aan perceelgrenzen en zichtlijnen op specifieke percelen, het beleid van het condominiumbestuur inzake onderverhuur en wederverkoop, en het afbouwschema van 421-a waar van toepassing. De status van elk afzonderlijk project, het niveau van de sponsor inventory, wijzigingen van het offering plan bij de AG, prijzen en verkooppercentages dienen op het moment van uw aanvraag te worden geverifieerd.
Kerngegevens
- Prijsbereik $/SF prestigieuze condominiums Manhattan: $1,500-$10,000+
- Gemiddelde $/SF Billionaires’ Row: $4,000-$10,000+
- $/SF topsegment downtown (Tribeca/West Village): $2,500-$6,000+
- Mansion Tax: 1% boven $1M, progressieve schijven boven $2M voor de koper
- Gebruikelijke contractaanbetaling bij de ontwikkelaar: 10%-20% bij ondertekening
- Standaard toetsingsperiode voor de advocaat van de koper: 1-3 werkdagen na ontvangst van de overeenkomst
- Commissie aan ontwikkelaarszijde: de ontwikkelaar betaalt de kopersmakelaar bij verkoop uit sponsor inventory
- Belastingverminderingsprogramma's (waar van toepassing): 421-a, J-51, status per gebouw geverifieerd
- Eigendom via een LLC voor internationale kopers: gebruikelijk, gestructureerd bij de overeenkomst
Procedure voor kopers
De verkoopprocedure via de ontwikkelaar in Manhattan: reserveringsformulier → levering van het offering plan → beoordeling door de advocaat van de koper → ondertekening van de overeenkomst en eerste aanbetaling → hypotheektoezegging (bij financiering) → eigendomsoverdracht bij oplevering. De procedures voor sponsor inventory en wederverkoop verschillen; een adviserende voorbereiding vóór de bezichtiging wordt aanbevolen.
Veelgestelde vragen over vastgoed in Manhattan
Wat is het offering plan van de procureur-generaal van New York?
Het offering plan is het juridische document dat bij de procureur-generaal van New York wordt ingediend en dat de verkoop van elk condominium in Manhattan regelt. Het legt de afhandeling van aanbetalingen, de specificaties van de units, de servicekosten, de onroerendgoedbelastingen, de verplichtingen van de ontwikkelaar en de kopersbescherming vast. Geen enkele condominiumverkoop in Manhattan wordt afgerond buiten het kader van een goedgekeurd offering plan; wijzigingen worden periodiek ingediend en bij de overeenkomst beoordeeld door de advocaten van de koper.
Wat is sponsor inventory?
Sponsor inventory verwijst naar onverkochte units die nog in handen zijn van de ontwikkelaar van het gebouw (de "sponsor"). Deze units zijn gloednieuw, nooit bewoond en kunnen onderhandelbare prijzen, tegemoetkomingen in de afsluitkosten en toegang tot belastingverminderingsprogramma's omvatten waar het gebouw daarover beschikt. Transacties via de ontwikkelaar volgen het offering plan, niet de standaardovereenkomst voor wederverkoop.
Welke belastingverminderingen gelden in Manhattan?
421-a is de meest voorkomende vermindering voor condominiums in Manhattan en biedt gedurende 10 tot 25 jaar een verlaagde onroerendgoedbelasting voor kwalificerende nieuwbouwprojecten. J-51 geldt voor specifieke gerenoveerde gebouwen. Elke vermindering kent een afbouwschema en een gebouwspecifieke kwalificatiestatus, die moeten worden geverifieerd in het offering plan en het meest recente belastingcertificaat.
Welke afsluitkosten gelden bij een condominium in Manhattan?
De gebruikelijke afsluitkosten voor de koper bedragen 2% tot 4% van de prijs en omvatten de overdrachtsbelastingen van NYC en NYS (bij verkoop door de ontwikkelaar vaak voor rekening van de koper), de Mansion Tax (1% boven $1M met progressieve schijven boven $2M), title insurance, het honorarium van de advocaat van de koper, de hypotheekregistratiebelasting bij financiering, en naar rato verrekende servicekosten en onroerendgoedbelastingen.
Zijn common charges hetzelfde als HOA-bijdragen?
Nee. Condominiums in Manhattan hanteren de term "common charges" (servicekosten), niet HOA-bijdragen. De servicekosten financieren de exploitatie van het gebouw, het personeel, de voorzieningen en de reserves. Onroerendgoedbelastingen worden afzonderlijk door NYC in rekening gebracht en maken geen deel uit van de servicekosten.
Hoe wordt Manhattan Miami betaald bij transacties in Manhattan?
Bij nieuwbouwaankopen via de ontwikkelaar betaalt de ontwikkelaar de kopersmakelaarscommissie van Manhattan Miami. Vertegenwoordiging van de koper is voor u dus zonder eigen kosten. Bij wederverkooptransacties worden de commissieafspraken bij aanvang van de samenwerking toegelicht.