When Hilton Worldwide Holdings sold New York City’s iconic Waldorf Astoria hotel to the Beijing-based Anbang Insurance Group in 2014, the public had no idea what kind of major renovations the organization had in mind for the $1.95-billion property. Anbang ultimately closed the hotel in 2017, announcing comprehensive construction work that would take years to complete.
Most notably, Anbang promised to give people the unique opportunity to live in the Waldorf Astoria year-round. Now, it is making good on that promise, launching the sale of 375 luxury condos earlier this month. Designed by Jean-Louis Deniot, these condos incorporate a range of high-end features that include herringbone floors, antique bronze hardware, exquisite tile mosaics, and polished marble vanities. These features were inspired by the history of the hotel and the Art Deco style of the building. The Waldorf Astoria Residences also boasts amenities such as a 25-meter swimming pool, a gym, a winter garden, a theater/performance space, a children’s playroom, multiple private spas, and four private bars.