NYC’s Waldorf Astoria To Hit The Market After Yearslong Renovation: Report

NEW YORK CITY — The Waldorf Astoria Hotel in Manhattan is set to hit the market after recent multibillion-dollar renovations, according to a report.

The Park Avenue hotel reopened in November after an 8-year renovation which split the building into 375 hotel rooms and 372 condominiums. Chinese owners, Anbang Insurance Group, spent around $2 billion for the renovations, the Wall Street Journal first reported.

The hotel’s restaurants and shops would be included in a potential sale. The condominiums in the building would be sold separately, according to the report.

Hilton Worldwide sold the property to the Chinese firm in 2014 for $1.95 billion.