(For more retail coverage, click GlobeSt.com/RETAIL.)
NEW YORK CITY-In the midst of converting the 805-key Plaza Hotel into a condo hotel, Elad Properties revealed plans for the Plaza Retail Collection, which will also be housed in the historic building.
The retail portion will occupy 160,000 sf on six levels of the property. Consumers will be able to enter through the restored Fifth Avenue entrance or on 58 Street for direct access to the stores, according to a statement issued yesterday.
The restored Palm Court, with an interior skylight, will serve as the central location around which the retail component will wrap. The Terrace Room and the Edwardian Room will house the Plaza's retail shops, according to the release. There will be 53,000 sf below street level that could house additional retail spots. There is no word yet on which companies will occupy the space.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
