Prudential Douglas Elliman Completes New York City's Highest Priced Condo Sale Ever

Condo at The Plaza Sold for $48 Million

Mar 25, 2011, 12:19 ET from Prudential Douglas Elliman

NEW YORK, March 25, 2011 /PRNewswire/ -- Prudential Douglas Elliman is pleased to announce the closing of a $48 million condominium at The Plaza, which sets a record for the highest single condo sale in New York City. Lisa Simonsen, Senior Vice President at Prudential Douglas Elliman, represented both sides in the record-breaking deal.

"We are so proud of Lisa Simonsen whose hard work and impeccable level of service have been instrumental in completing this sale," said Dottie Herman, President & CEO of Prudential Douglas Elliman. "We are thrilled to have her representing our company."

The 6,000 square-foot property provides magnificent views of both Central Park and Fifth Avenue. Multiple units were combined and renovated to create the impressive 12th floor condo, which includes 5 bedrooms. Offering the highest quality in luxury conveniences and design, the space is truly one-of-a-kind. The historic sale was completed within a matter of weeks.

About Prudential Douglas Elliman Real Estate

Prudential Douglas Elliman Real Estate is New York's largest residential brokerage, with over 60 offices in New York City, Long Island, the Hamptons and Westchester/Putnam, more than 3,800 real estate agents and a network of national and international affiliates. Prudential Douglas Elliman ranked in the top four of all real estate companies in the nation in 2007, 2008, 2009, and 2010. The company also controls a portfolio of real estate services, including Manhattan's largest residential property manager, Douglas Elliman Property Management, as well as PDE Title and DE Capital Mortgage. For more information on Prudential Douglas Elliman as well as expert commentary on emerging trends in the real estate industry, visit the Prudential Douglas Elliman site at www.elliman.com.

SOURCE Prudential Douglas Elliman



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