The Waldorf Astoria, closed for nearly a decade, is set to reopen following renovations. This iconic hotel represents New York's legacy and cultural significance. It was originally constructed as two hotels before being moved in 1929. The 1931 reopening showcased impressive architecture, with features like room speakers for the Grand Ballroom, where historical figures performed and socialized. Hilton acquired the hotel in 1972, and in 2014 it sold for a record $1.95 billion, underlining its status and influence.
The Waldorf has always been a reflection of New York. Its reopening symbolizes the return of a great public space within the life of the city.
In 1931, the Waldorf-Astoria reopened as a 47-story limestone skyscraper with twin decorative copper spires and nearly 2,000 rooms, each outfitted with a speaker.
Conrad Hilton long aspired to own the Waldorf-Astoria, calling it the greatest of them all; his company acquired the property in 1972.
In 2014, Hilton sold the Waldorf-Astoria to the Chinese firm Anbang Insurance Group for $1.95 billion, at the time the most expensive hotel sale in history.
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