New York's historic Waldorf Astoria closing for facelift
Treasures such as the four-storey grand ballroom and sprawling mosaic decorating the entrance may be gone
New York
IT'S goodbye for now to the grand Art Deco lobby and celebrities crossing paths en route to "The Towers" at the Waldorf Astoria: one of the world's most luxurious hotels is closing for renovation.
The legendary establishment opened at its Park Avenue location in mid-town Manhattan in 1931 with more than 1,400 rooms, the largest - and tallest - anywhere at the time.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
New York City’s rent-stabilised tenants face third year of price hikes
New Zealand house prices dip for first time in 8 months
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million
Strained Chinese cities struggle to pay home-buying subsidies
Distressed builder Taeyoung wins debt restructuring vote
China Evergrande to delay 2023 annual results; shares remain suspended