News Summary
Entertainment lawyer Paul Schindler has listed his luxurious 6,000-square-foot condominium in The Plaza hotel for $48 million, making it the third-priciest resale in New York City. The condo, a blend of three apartments, features four bedrooms, five and a half bathrooms, and stunning views of Central Park. Schindler, who purchased the properties for $19 million, highlights the building’s opulent design and prime location on Billionaires Row, attracting potential buyers in a competitive luxury market.
New York City – Entertainment lawyer Paul Schindler has placed his extravagant 6,000-square-foot condominium in The Plaza hotel on the market for an impressive $48 million. This listing marks it as the third-priciest resale currently available in New York City.
Schindler’s condo is a remarkable combination of three adjacent apartments, featuring four bedrooms and five and a half bathrooms. The interior boasts nearly 12-foot ceilings, a formal dining room, and an eat-in kitchen with breakfast-bar seating. Additionally, the primary suite includes a dressing room, as well as picturesque views of Central Park. The aesthetic of the condo reflects the building’s luxurious French-chateau style with ornate chandeliers, Corinthian columns, and gold-painted moldings adorning its spaces.
In 2008, Schindler and his wife, Jane, a former model, purchased the three apartments for a total of $19 million, which translates to about $29 million when adjusted for inflation by 2025. This recent listing is strategically positioned at the intersection of Fifth Avenue and West 59th Street, an area renowned for its upscale listings along Billionaires Row.
Currently, two other higher-priced units are available in the market: an eight-bedroom condo listed for $90 million and a four-bedroom condo priced at $87.5 million.
Schindler, who works as a shareholder and attorney at Midtown-based Greenberg Traurig, has been entrenched in entertainment law since the 1970s. He gained prominence by partnering with the well-known attorney Allen Grubman and has represented high-profile clients, including Madonna, Michael Bolton, and U2. Noteworthy accomplishments in his career include assisting in the launch of the House of Blues music chain and providing counsel to the late rocker Ozzy Osbourne on his MTV reality show.
The Plaza Hotel underwent significant transformations when it was acquired by Elad Group in 2004 for $675 million and subsequently renovated at a cost of $450 million. The residential condos within the building have amassed a total sale of $1.3 billion. Among prominent past buyers of the Plaza condos are figures such as Simon Fuller, Doug Morris, and Suze Orman.
Schindler’s unit showcases high-end finishes that resonate with the luxury standards associated with The Plaza, which opened its residential side in 2007. This listing occurs within a competitive luxury market, where developer-controlled sponsor units often command even higher prices. Despite the allure of such a prestigious address, Elad Group has faced challenges with the quality of finishes during the renovation process, leading to complaints from buyers.
While Schindler’s listing has attracted notable media attention, it has yet to draw any immediate offers. His extensive background in entertainment law makes his property especially appealing to discerning buyers interested in high-end real estate in one of New York City’s most iconic buildings.
As demand for luxury real estate remains robust in the city, Schindler’s condo is expected to generate further interest in the coming weeks, as prospective buyers look to capitalize on the unique opportunity within the illustrious Plaza Hotel.
Deeper Dive: News & Info About This Topic
HERE Resources
Surge in Commercial Real Estate Activity in New York City
Additional Resources
- Crain’s New York Business
- Wikipedia: The Plaza
- Vanity Fair
- Google Search: Paul Schindler real estate
- The New York Times
- Encyclopedia Britannica: New York City
Author: STAFF HERE NEW YORK WRITER
NEW YORK STAFF WRITER The NEW YORK STAFF WRITER represents the experienced team at HERENewYork.com, your go-to source for actionable local news and information in New York, the five boroughs, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as New York Fashion Week, Macy's Thanksgiving Day Parade, and Tribeca Film Festival. Our coverage extends to key organizations like the Greater New York Chamber of Commerce and United Way of New York, plus leading businesses in finance and media that power the local economy such as JPMorgan Chase, Goldman Sachs, and Bloomberg. As part of the broader HERE network, including HEREBuffalo.com, we provide comprehensive, credible insights into New York's dynamic landscape.
