NYC Luxury Real Estate: Steve Wynn Rolls Dice on Plaza Penthouse

Updated

Since the Plaza in New York City began its conversion from hotel to condos in 2004, there's been nothing but controversy. First, what would happen to Eloise, its most famous fictional resident? Then there were the record-breaking prices and the subsequent grumblings, accusations and lawsuits. Even so, the units were snatched up -- bought, if not lived in.

That seems to be the case with a penthouse unit on the 20th floor. Hotel and casino mogul Steve Wynn is now the proud owner of said home, one of the largest units, thanks to the previous buyer's reneging on the contract. According to The Wall Street Journal, that buyer claimed the apartment delivered was markedly different than the one promised. The matter is still bandying about the courts.

The price for such swanky digs?

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