Waldorf Astoria Makes its Manhattan Debut as a Newly Restored Mixed-Use Tower
The long-awaited reopening of the landmarked Waldorf Astoria arrived on July 15th following full restoration and partial residential conversion. Located at 301 Park Avenue, the 1930s era tower that spans the entire city block between East 49th and 50th Streets now includes 372 residential condominiums dubbed “The Waldorf Astoria Residences New York” as part of the $2 billion project. The remaining 372 hotel rooms, a downsizing of the original 1,400-keys, have been updated and will be operated in partnership with Hilton. Part of the approximately 60,000 square feet of protected interior space, “thanks in part to the Landmarks Preservation Commission” includes the red marble that was “saved from the original Waldorf Astoria, which was demolished in 1929 to make way for the Empire State Building” and located on the walls of a small corridor that bisects the main walkway of the Park Avenue entrance, as well as “the famous Waldorf Clock originally crafted in London for the 1893 Chicago World’s Fair” and “Cole Porter’s restored Steinway piano” which now greet guests in the center of Peacock Alley, one of the light fare dining options. Buyers of the residential units will have access to all hotel services and 50,000 square feet of private amenities; while the first hotel guests are slated to be welcomed on September 1, 2025, simultaneously with the reopening of the 43,000-square-foot event space that includes the legendary Grand Ballroom.