Apartment at Plaza goes for a big sum: $50M

Though the Plaza is still six months away from its grand reopening, an apartment in the fabled hotel has been reportedly sold for more than $50 million - the highest price ever for a pad in New York. The New York Observer, quoting real estate sources, said the price easily tops hedge fund manager Daniel Loeb's $45 million for a penthouse at 15 Central Park West.More..