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 <title>NY Observer &gt; Elad</title>
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 <description>Articles from Observer.com</description>
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 <title>Plaza Watch! Irish Hotelier&#039;s Nine Million Lucky Charms </title>
 <link>http://www.observer.com/2008/real-estate/plaza-watch-irish-hotel-magnate-boys-9-million-condo</link>
 <description><![CDATA[<!--paging_filter--><p><span class="articleheadline">The Irish equivalent of the Plaza is the Shelbourne Hotel, give or take a couple hundred condos. </span><br />
<p class="MsoNormal"><span class="articleheadline">Built in 1824, in a landmark building overlooking a park in the heart of Ireland's capital, the Shelbourne has had a long reign as what <em><a href="http://travel2.nytimes.com/2006/06/04/travel/04goingto.html">The New York Times</a></em> called &quot;the princess of Dublin hotels.&quot; Like the Plaza, the 225-room hotel never lost its cache with tourists, even as more luxurious competitors popped up and service started to decline--<a href="http://www.independent.ie/national-news/top-hotel-from-5star-to-nostar-149792.html">in October 2004</a>, an Irish court ruling stripped the Shelbourne of its five-star status, and the hotel decided to become unclassified. </span></p>
<p class="MsoNormal"><span class="articleheadline">A few months later, Irish oil magnate/hotelier John Sweeney swooped in with a consortium of investors and bought the down-at-the-heels hotel for 120 million Euros and promised to restore it to its former splendor with a 40 million Euro makeover. <span class='read-more'><a href="http://www.observer.com/2008/real-estate/plaza-watch-irish-hotel-magnate-boys-9-million-condo">&nbsp;read&nbsp;more&nbsp;&raquo;</a></span></p>]]></description>
 <comments>http://www.observer.com/2008/real-estate/plaza-watch-irish-hotel-magnate-boys-9-million-condo#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/51814">Elad</category>
 <category domain="http://www.observer.com/taxonomy/term/24219">John Sweeney</category>
 <category domain="http://www.observer.com/taxonomy/term/50081">The Plaza</category>
 <category domain="http://www.observer.com/taxonomy/term/55921">The Shelbourne Hotel</category>
 <pubDate>Wed, 16 Jul 2008 15:16:15 -0400</pubDate>
 <dc:creator>Lysandra Ohrstrom</dc:creator>
 <guid isPermaLink="false">71977 at http://www.observer.com</guid>
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<item>
 <title>PLAZA WATCH! Jerry Kokes&#039;s $5.4 M. Knock-Out</title>
 <link>http://www.observer.com/2008/plaza-watch-5</link>
 <description><![CDATA[<!--paging_filter--><p>Jerry Kokes made his fortune selling boxing gloves. Now he's moving into one of the most white-gloved buildings in the city. The founder of T.K.O. and his wife Lynda have paid $5.4 million for a 6th-floor condo at the Plaza, city records show. </p>
<p>The couple are currently based in Brielle, NJ.</p>]]></description>
 <comments>http://www.observer.com/2008/plaza-watch-5#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/51814">Elad</category>
 <category domain="http://www.observer.com/taxonomy/term/54461">Jerry Kokes</category>
 <category domain="http://www.observer.com/taxonomy/term/54462">Lynda Kokes</category>
 <category domain="http://www.observer.com/taxonomy/term/50081">The Plaza</category>
 <pubDate>Fri, 25 Apr 2008 16:09:33 -0400</pubDate>
 <dc:creator>Lysandra Ohrstrom</dc:creator>
 <guid isPermaLink="false">68384 at http://www.observer.com</guid>
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<item>
 <title>Plaza Watch! Billionaire Montana Philanthropist Buys $19 M. Spread</title>
 <link>http://www.observer.com/2008/plaza-watch-billionaire-montana-philanthropist-buys-19-million-spread</link>
 <description><![CDATA[<!--paging_filter--><p>The Plaza is about as far away from Dennis J. Washington's childhood hometown of Missoula Montana as you can get, so it's a fitting place for the septuagenarian billionaire and self-styled Horatio Alger to spend his twilight years. </p>
<p>His wife Phyllis has paid nearly $19 million for a 19th floor-condo at the Plaza, city records show. <span class='read-more'><a href="http://www.observer.com/2008/plaza-watch-billionaire-montana-philanthropist-buys-19-million-spread">&nbsp;read&nbsp;more&nbsp;&raquo;</a></span></p>]]></description>
 <comments>http://www.observer.com/2008/plaza-watch-billionaire-montana-philanthropist-buys-19-million-spread#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/54382">Dennis Washington</category>
 <category domain="http://www.observer.com/taxonomy/term/51814">Elad</category>
 <category domain="http://www.observer.com/taxonomy/term/54381">Phyllis Washington</category>
 <category domain="http://www.observer.com/taxonomy/term/50081">The Plaza</category>
 <pubDate>Tue, 22 Apr 2008 12:56:37 -0400</pubDate>
 <dc:creator>Lysandra Ohrstrom</dc:creator>
 <guid isPermaLink="false">68182 at http://www.observer.com</guid>
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<item>
 <title>PLAZA WATCH! Crocodile Dundee Fan Buys (Really)</title>
 <link>http://www.observer.com/2008/plaza-watch-australian-orthodontist-has-closed-1-9-million-studio-plaza</link>
 <description><![CDATA[<!--paging_filter--><p>A 39-year-old orthodontist from Australia has closed on a $1.9 million studio at the Plaza, city records show.  Nick Kotsomitis decided to buy in New York after a short stint working stateside, <em><a href="http://www.iht.com/articles/2007/11/08/properties/reman.php?page=2">The International Herald Tribune</a></em> reported in November. Buoyed by the falling value of the dollar, Mr. Kotsomitis reckoned a condo in a marquis building like the Plaza would be a safe investment since the brand would make it less vulnerable to unsteady real estate trends. <span class='read-more'><a href="http://www.observer.com/2008/plaza-watch-australian-orthodontist-has-closed-1-9-million-studio-plaza">&nbsp;read&nbsp;more&nbsp;&raquo;</a></span></p>]]></description>
 <comments>http://www.observer.com/2008/plaza-watch-australian-orthodontist-has-closed-1-9-million-studio-plaza#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/51814">Elad</category>
 <category domain="http://www.observer.com/taxonomy/term/53838">Nick Kotsomitis</category>
 <category domain="http://www.observer.com/taxonomy/term/52805">Plaza</category>
 <pubDate>Tue, 18 Mar 2008 14:26:42 -0400</pubDate>
 <dc:creator>Lysandra Ohrstrom</dc:creator>
 <guid isPermaLink="false">66631 at http://www.observer.com</guid>
</item>
<item>
 <title>PLAZA WATCH! 16th-Floor Spread for Nearly $15 M.</title>
 <link>http://www.observer.com/2008/plaza-watch-16th-floor-condo-sells-almost-15-million</link>
 <description><![CDATA[<!--paging_filter--><p>An unknown buyer has paid $14.7 million for Unit 1609 at the Plaza, city records show. Mascot Holdings is listed as the owner on the deed, and we traced the company back to the Garfield-Bennett Trust on the Channel Islands off France. </p>]]></description>
 <comments>http://www.observer.com/2008/plaza-watch-16th-floor-condo-sells-almost-15-million#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/51814">Elad</category>
 <category domain="http://www.observer.com/taxonomy/term/52805">Plaza</category>
 <pubDate>Mon, 17 Mar 2008 18:14:15 -0400</pubDate>
 <dc:creator>Lysandra Ohrstrom</dc:creator>
 <guid isPermaLink="false">66562 at http://www.observer.com</guid>
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<item>
 <title>PLAZA WATCH! Kuwaiti Investor Buys for $3.5 M.</title>
 <link>http://www.observer.com/2008/plaza-watch-gulf-investor-buys-3-5-million-condo-plaza</link>
 <description><![CDATA[<!--paging_filter--><p>Another flashy ex-pat has chosen the Plaza as his New York base. Kuwaiti investor Abdul Wahab al-Nakib bought a $3.5 million condo at the Plaza, city records show. Mr. al-Nakib is the chairman and managing director of Al Deera holdings, an investment firm listed on the Kuwaiti stock exchange. Al Deera's holdings include private and public companies in the Gulf, and it has a stake in real estate companies in the booming Emirate of Dubai.  </p>]]></description>
 <comments>http://www.observer.com/2008/plaza-watch-gulf-investor-buys-3-5-million-condo-plaza#comments</comments>
 <category domain="http://www.observer.com/channel/real-estate">Real Estate</category>
 <category domain="http://www.observer.com/taxonomy/term/53797">Abdul Wahab al-Nakib</category>
 <category domain="http://www.observer.com/taxonomy/term/53798">Al Deera Holdings</category>
 <category domain="http://www.observer.com/taxonomy/term/51814">Elad</category>
 <category domain="http://www.observer.com/taxonomy/term/52805">Plaza</category>
 <pubDate>Mon, 17 Mar 2008 11:11:46 -0400</pubDate>
 <dc:creator>Lysandra Ohrstrom</dc:creator>
 <guid isPermaLink="false">66527 at http://www.observer.com</guid>
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