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Report: New Owners Closing Waldorf Astoria Hotel For 3 Years To Turn 1,100 Rooms Into Condos

A New York City landmark will be shutting down for three years before re-emerging with a new look under its new(ish) ownership: the Waldorf Astoria Hotel will close in spring 2017 for renovations, and will emerge with about three-quarters of its rooms turned into luxury condominiums. [More]