On the dark and rainy day that I visited this area, the street still had a handful of tourists to fuel the horse-drawn carriages and bus tours. The famous Plaza Hotel (now condos) anchors the corner of the block, while Central Park makes up the entire northern side.
With the expensive park views and proximity to midtown, this block almost feels like the "theme park" version of ritzy New York upper-class life. While I'm sure there's a lot of money living up in these towers, it seems like many would prefer to live where there's fewer tourists gawking about. Much of the ornate decoration comes off simply as showy, like props designed to give people on the street the illusion of wealth.