The original hotels on Fifth Avenue were built by feuding relatives. The Waldorf Hotel was opened in 1893, at the corner of Fifth Avenue and 33rd Street, on the former site of millionaire developer
William Waldorf Astor's mansion. In 1897, Waldorf's cousin,
John Jacob Astor IV, opened the Astoria Hotel on an adjacent site where his mansion had been. From the early 20th century, the hotel faced stiff competition from newer hotels in New York City such as the
Hotel Astor (1904),
St. Regis (1904),
the Knickerbocker (1906), and the
Savoy-Plaza (1927). By the 1920s, the Waldorf Astoria was becoming dated, and the elegant social life of New York had
moved much farther north. The Astor family sold the hotel to the developers of the
Empire State Building, closing the hotel in 1929 and demolishing it soon after. New York Central had promised $10 million toward the building of the new Waldorf-Astoria. The railroad and all the other investors decided to honor their commitments and take their chances with the uncertain financial climate. In October 1929, the Hotel Waldorf-Astoria Corporation obtained a 26-year lease from New York Central, and placed a $11 million first mortgage on the site. On March 24, 1930, the first steel column in the new hotel was installed, and stonework installation began on June 3. The hotel's construction required massive amounts of materials, including 10,000 metal door frames, 11 million bricks, of gypsum and terracotta partition blocks, and of concrete floors. The new Waldorf Astoria had gold-plated doorknobs on eight stories, and its guestrooms, totaling , made the hotel the most spacious in New York City. It used of steel, more than in the
Woolworth Building. Several crews of workers labored simultaneously, and not all of them consulted with each other, leading to inconsistencies in the design. The hotel's steel frame topped out, above street level, on October 22, 1930. On October 1, 1931, the new building opened on Park Avenue, between 49th and 50th streets, following a soft opening the previous day. It was the tallest and largest hotel in the world at the time, covering the entire block. The slender central tower became known as the Waldorf Towers, with its own private entrance on 50th Street, and consisted of 100 suites, about one-third of which were leased as private residences. NBC received the exclusive right to broadcast events and music from the hotel and to book live entertainment there. President
Herbert Hoover said on the radio, broadcast from the
White House: "The opening of the new Waldorf Astoria is an event in the advancement of hotels, even in New York City. It carries great tradition in national hospitality ... marks the measure of nation's growth in power, in comfort and in artistry ... an exhibition of courage and confidence to the whole nation". There were radios in all 2,000 guestrooms and in 15 public rooms, connected by of wire. 140 suites on the upper stories had provision for privately owned receivers. Soon after the hotel opened, hotelier
Conrad Hilton, almost bankrupt at the time, reportedly cut out a photograph of the hotel from a magazine and wrote across it, "The Greatest of Them All". Nonetheless, the Waldorf-Astoria did not begin operating at a profit until 1939.
Early years and international politics Like the original hotel, from its inception, the Waldorf Astoria gained worldwide renown for its glamorous dinner parties and galas, often at the center of political and business conferences and fundraising schemes. Author Ward Morehouse III has referred to the Waldorf Astoria as "comparable to great national institutions" and a "living symbol deep within our collective consciousness". It had the "greatest banquet department in the world" at the time according to restaurateur Tom Margittai, with the center of activity being the Grand Ballroom. On August 3, 1932, some 200 people representing the "cream of New York's literary world" attended the Waldorf Astoria to honor
Pearl S. Buck, the author of
The Good Earth, which was the best-selling novel in the United States in 1931 and 1932. One dinner alone, a relatively "small dinner" attended by some 50 people in June 1946, raised over $250,000. During the 1930s and 1940s the hotel's guests were also entertained at the elegant "Starlight Roof" nightclub by the
Waldorf-Astoria Orchestra and such noted musicians as:
Xavier Cugat,
Eddie Duchin,
Lester Lanin and
Glenn Miller. In the Wedgwood Room, guests dined during performances by entertainers including
Frank Sinatra,
Victor Borge, the Mischa Borr Orchestra, with
John Serry, the
Leo Reisman Orchestra,
Annamary Dickey,
Corinna Mura,
Paul Draper, From March 27 to 29, 1949, the Cultural and Scientific Conference for World Peace, also known as the Waldorf World Peace Conference, was held at the hotel to discuss the emerging
Cold War and the growing divide between the US and the Soviet Union. The event was organized by the struggling
American Communist Party and was attended by the likes of Soviet Foreign Minister
Andrey Vyshinsky, composer and pianist
Dmitri Shostakovich, and writer
Alexsander Fadeyev. It was picketed by anti-Stalinists running under the banner of
America for Intellectual Freedom, and prominent individuals such as
Irving Howe,
Dwight Macdonald,
Mary McCarthy and
Robert Lowell. In 1954, Israeli statesman and archaeologist
Yigael Yadin met secretly with the
Syriac Orthodox Archbishop
Mar Samuel in the basement of the Waldorf-Astoria Hotel to negotiate the purchase of four
Dead Sea Scrolls for Israel; Yadin paid $250,000 for all four scrolls. Among the hotel's notable events was the
April in Paris Ball, a gala event whose mission was to improve
Franco-American relations, share cultures, assist US and French charities, and commemorate the 2,000th anniversary of the founding of Paris. Established by the hotel's banquet manager
Claude Philippe in 1952, it was managed mostly by
socialites; the ball was hosted annually until 1959. Hilton acquired management rights to the hotel on October 12, 1949. Restaurateur
George Lang began working at the Waldorf Astoria Hotel in 1955, and on December 13, 1955, he helped organize the American Theatre Wing's First Night Ball to celebrate
Helen Hayes's 50th year in show business. He did much to organize dinners at the Waldorf to assist with Hungarian issues and relief. On one occasion, an event was attended by
Edward G. Robinson and pianist Doklady and some $60,000 was raised. Under Hilton's ownership, the lobby was refurbished in the 1950s and again in the 1960s.
Time observed that the American public would simply not believe it was New Year's Day unless Guy Lombardo heralded its arrival from the Waldorf Astoria Hotel. In 1968, British rock band
The Who checked into the hotel and were reportedly banned from the hotel for life; however, they were allowed to visit the hotel in 1990, when they performed at the
Rock and Roll Hall of Fame Induction. In 1972, the
Hilton Hotels Corporation bought the hotel outright from New York Central's successor,
Penn Central. In the 1970s, the Waldorf Astoria continued to play an important role in international politics, particularly between the US and the Middle East. In November 1974, the hotel was placed on high alert when a "20-car motorcade, with eight shotgun-toting police marksmen aboard in bullet-proof vests" brought Palestinian
Fatah party leader
Farouk Kaddoumi to the Waldorf from
John F. Kennedy International Airport. In December 1974, President Ford met with
Nelson Rockefeller after he was voted
vice president, and a 90-minute press conference was held in a suite in the hotel. In November 1975, the US government insisted that PLO leader
Yasser Arafat stay at the Waldorf during his visit to America, against the wishes of the hotel staff; security was stepped up severely. On August 12, 1981,
IBM unveiled its
Personal Computer in a press conference at the Waldorf Astoria. The
National Basketball Association held its first-ever draft lottery between non-playoff teams at the Starlight Roof for the
1985 NBA draft.
Lee Jablin, of Harman Jablin Architects, fully renovated and upgraded the property during the mid-1980s through the mid-1990s in a $150 million ($ in dollars) renovation. The main lobby was renovated in 1986 as part of the project, and the hotel was also downsized from 1,800 to 1,700 rooms. The
New York City Landmarks Preservation Commission (LPC) designated the Waldorf Astoria's exterior as a New York City landmark in January 1993, which prevented Hilton from demolishing or altering the hotel's facade without the LPC's permission. At the time, Hilton did not have any plans to alter the hotel's facade. On May 7, 2004, a press conference was held by MGM, discussing
Steve Martin's
The Pink Panther of
the Pink Panther series. The 5th Annual DGA Honors Gala was held at the Waldorf on September 29. In 2006, Hilton launched
Waldorf Astoria Hotels & Resorts, a brand named for the hotel. Branches of the Waldorf Astoria were launched in Arizona, California, Florida, Hawaii, and Louisiana in the United States, and abroad in France, Israel, Italy, and Saudi Arabia. In 2006, Hilton was reported to be considering opening a new Waldorf Astoria hotel on the
Las Vegas Strip. In 2008, the Waldorf Astoria opened the Guerlain and Spa Chakra, Inc. spa at the hotel, as part of the Waldorf Astoria Collection. The Waldorf Astoria New York is a member of Historic Hotels of America, the official program of the
National Trust for Historic Preservation. "The Towers of the Waldorf Astoria" continued to operate as a boutique "hotel within a hotel". A Chinese restaurant, La Chine, opened at the Waldorf Astoria late the following year. Anbang's founder
Wu Xiaohui wanted to convert the Waldorf Astoria into a five-star hotel with
condominiums and large units, discussing with several local developers about the possibility of partnering on the redevelopment. On July 1, 2016, Anbang announced plans to refurbish the hotel and turn some rooms into condominiums, The Towers of the Waldorf Astoria. Under the plan, some of the hotel's rooms would be turned into condominium apartments, while the remaining guestrooms would be operated by Hilton. The final event in the Grand Ballroom, on February 28, 2017, was a charity gala celebrating
NewYork-Presbyterian Hospital with
Stevie Wonder playing. The hotel closed the next day, March 1, 2017. The restaurants, which were all closed, were planned to reopen when the renovation was completed. On March 7, the LPC voted unanimously to list the interiors of many of the hotel's public spaces as New York City landmarks, protecting them from major alterations; the designation covered about .
Skidmore, Owings & Merrill (SOM) was hired to renovate the hotel's interior and preserve the landmark-protected rooms, and
Suffolk Construction was hired as the general contractor. Public spaces like the Grand Ballroom and Peacock Alley were refurbished as part of the project. The hotel rooms were planned to be on the lowest 18 floors. redesigned the apartments and amenity areas,
Pierre-Yves Rochon refurbished the hotel rooms, and AvroKO designed a new restaurant space.
ArtCare Conservation was hired to redesign the hotel's murals, SOM estimated that 96% of the hotel's interior was replaced entirely, although the landmarked portions of the interior were refurbished.
Completion of renovation and Hilton takeover In early 2018, the Chinese government took over the Waldorf Astoria and Anbang's other assets for one year, alleging economic crimes by Anbang. This prompted the cancellation of plans for the private club and gym. Following Anbang's bankruptcy in 2020, Dajia Insurance Group Co. took over Anbang's American assets, including the Waldorf Astoria. Sales of the Waldorf-Astoria's condos began that March. By late 2020, the hotel was set to open at the end of 2022; however, by March 2021, the timeline had been postponed to early 2023. The renovation of the Waldorf Astoria stalled in mid-2022 as the project exceeded its $2 billion budget, Further complications arose due to various workplace accidents, including the death of a worker. In March 2023, news media reported that the building would not reopen until 2025 at the earliest.
Hilton Hotels & Resorts hired a leadership team in April 2024 in advance of the hotel's expected reopening later that year. In October 2024, the hotel's reopening was postponed yet again to early 2025. In addition, the chef
Michael Anthony was hired that November to operate Lex Yard, the hotel's main restaurant. Hilton began allowing guests to make reservations the next month in preparation for the hotel's reopening, and the first condos went on sale at that time. The first buyers finalized their purchases in February 2025. The firm
Douglas Elliman was hired to sell the condos.
Jay Neveloff was hired as an adviser for the hotel's renovation and residential conversion, and Neveloff's law firm,
Kramer Levin Naftalis & Frankel, handled legal aspects of the condo conversion. with 375 rooms. The hotel's meeting facilities and ballroom reopened on September 5, 2025, followed by the Guerlain Wellness Spa in October 2025. By late September, most of the guestrooms were open to the public, and over 30 condos had been sold. ==Architecture==