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Home›Russian hotel›Russian billionaires quietly list Plaza Hotel for $50 million

Russian billionaires quietly list Plaza Hotel for $50 million

By Lawrence C. Saleh
March 8, 2022
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Marie Antoinette would feel right at home in this oligarch’s palace at the Plaza Hotel, which is being quietly bought for $50 million, sources exclusive to the Post say.

The sellers are Valery Kogan, co-owner of Moscow Domodedovo Airport, and his wife Olga.

Billionaires bought the two-unit combo as separate units – 1007 and 1009 – for $26 million around 2007 and then combined them. (They have an additional unit there that is not part of the unofficial sale.)

They were last asking for $45million, when the listing – which hit just before lockdown and was taken down shortly after – fairly accurately described the dig as “reminiscent of French royalty”. Think lots of gold leaf detailing (on walls, ceilings, and even a TV); onyx in the bathroom and crystal chandeliers in almost every room.

Details include intricate moldings, inlaid floors, paneled walls, and one of the Plaza’s castle-like turrets. There are also plenty of built-ins, a bar, and a surprisingly small kitchen.

The family also owns properties at 15 Central Park West and 515 Park Ave. which are also being quietly bought for around $100 million, sources told The Post.

They also own a $250 million estate in Israel modeled after the White House, West Coast property, and a $20 million mansion in Greenwich, Connecticut – at 18 Simmons Lane – which also includes turrets and is also quietly purchased.

They had wanted to demolish the 1924 house and rebuild bigger, but ended up renovating following reports of local opposition. In total, they are “trying to dispose” of $250 million in real estate in the New York area alone.


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