Plaza Condominium
1 Central Park South, Manhattan, NY 10019
Overview
Plaza is a 181-unit condo in Manhattan, with 30 storage units and 3 commercial units.
- Offering plan: Accepted December 2005 · 617 pages · floor plans on page 154
- Finishes: Custom wood cabinets, Viking appliances, a washer and dryer in each apartment and Kohler bathroom fittings
- Prices: $1.12 million in all ($1331.2 million when first offered)
- Common charges: $710–$13,345 a month, the sponsor's first-year estimate
- Developer: The El-Ad Group, Ltd.; principals Miki Naftali and Orly Hackmon
- Sponsor: Plaza Residential Owner LP, represented by Kramer Levin Naftalis & Frankel LLP
- Neighborhood: Midtown Center, Manhattan
- Subway: 3-minute walk to 5 Av/59 St (N, R, W); 3 minutes to 57 St (M)
- Amendments: 22, the latest in October 2019
- Units
- 181 residential · 30 storage · 3 commercial
- Neighborhood
- Midtown Center, Manhattan
- Subway
- 3 min walk to 5 Av/59 St N R W57 St M, 3 min
- Developer
- The El-Ad Group, Ltd.
- Principals
- Miki Naftali, Orly Hackmon
- Common charges
- $710–$13,345 a monthSponsor's first-year estimate in Schedule A, July 1, 2007 through June 30, 2008
- Offering price
- $1.12 million total $1331.2 million when first offered
- Floor plans
- Page 154 of the plan
- SubmittedDecember 2005
- AcceptedDecember 2005
- 22 amendments
- First sale
- Latest sale
Units & Prices
Sales
163 of 164homes sold (99%)
From city records (ACRIS), through Sep 30, 2026.
First-Year Budget
From our research: NYC Co-op and Condo Tax Abatement: Is It Worth Paying Prevailing Wage? (Board Calculator)
Ask Claude or ChatGPT: How do Plaza's common charges compare with similar buildings? →
Property Taxes
The plan's first-year tax estimate, checked against the city's real bills.
Each home's estimate, city bills and tax breaksSee it free →Closing Costs
The buyer pays the NYC and NY State transfer taxes, which a seller usually pays.
All 8 closing costs in the plan, with their pagesSee it free →The Building
Team
- Sponsor
- Plaza Residential Owner LP
- Developer
- The El-Ad Group, Ltd.
- Principals
- Miki Naftali, Orly Hackmon
- Tax estimate
- Leitner Group, Inc.Prepared the first-year real estate tax projection
- Construction lender
- Column FinancialLender on the mortgage and building loan agreement recorded October 2004 in ACRIS
- Construction managers
- Tishman Construction, Tishman Construction Corporation of New YorkNamed on p. 57, p. 191
- Structural engineer
- Cantor SeinukNamed on p. 57
- MEP engineers
- Flack & Kurtz, Flack & Kurtz Inc.Mechanical, electrical and plumbing · Named on p. 57, p. 192
- Property report
- Costas Kondylis & Partners LLPPrepared the plan's description of the property and its condition · Named on p. 57
- Interior designer
- Gal NauerReported by cityrealty.com
- Title agency
- Title Associates, Inc.The sponsor's title company for buyers; you can choose another · Named on p. 52
From our research: What Does a Title Agency Do, and How Do You Pick One for a NYC Condo?
Zoning
- Zoning districts
- R10H, C5-2.5The lot is split between two districts, the largest share first
- Special district
- Special Midtown District (MiD)
Today's zoning, from city data (PLUTO 26v2).
Nearby
- One Central Park South Tower Aol Time Warner *next door · 133 units · 2001
- Plaza Hotel - Condominiumsnext door · 181 units · 2006
- 7 West 57th Street Condominiumnext door · 15 units · 2022
- 58 West 58th Condominiumnext door · 1982
- Aman New York Residences0.1 mi · 26 units · 2017
- Trump Parc East Condo0.1 mi · 81 units · 1997
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