Florida-based philanthropist and retired insurance tycoon Barry Kaye and his wife Carol have listed their apartment, created from the former state rooms at the iconic Plaza Hotel, for $49.5 million. The listing was the steepest of week.
The couple picked up the three-bedroom, 3,412-square-foot condo for just $13.6 million in 2008, according to the New York Daily News. The third-floor apartment, located at 768 Fifth Avenue, features an elaborate master suite with two bathrooms and two walk-in closets, electric shades and access to the Plaza’s spa and gym. [NYDN] – Christopher Cameron