Real Estate
NYC’s Waldorf Astoria Closes on First Sales After Renovation
- First closings on new condos total more than $7 million
- Adjoining luxury hotel is expected to re-open this spring
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Manhattan’s Waldorf Astoria is finally getting the first of its new residents, a decade after a Chinese firm bought the iconic New York hotel.
As part of a major renovation, a portion of the property was converted into 375 condos on top of a hotel. Closings for the condos began in December, with at least $7 million of sales hitting public records.