The development team that is behind the renovation of the New York landmark Waldorf Astoria Hotel finally has a date for construction to begin or at least kick off in December. The renovation team has announced that Aecom Tishman, which has worked on various locations such as the Brooklyn Barclays Center and One Manhattan West will lead the demolition and renovation of the hotel as it turns into a Hotel/Condo hybrid
One thing that has finally been announced is exactly how many rooms will be included in the hotel renovation. The hotel’s owner, China’s Anbang Insurance Company has confirmed that there will be just 350 hotel rooms, a giant drop from 1,413 that the hotel originally had. According to the New York Post the decrease in rooms is a bone of contention between Anbang and Hilton, the Hotel’s operator. They are concerned that having less rooms will weaken the chain of nearly 30 Waldorf branded hotels that Hilton runs worldwide. Hilton gripes that they are converting the grandest hotel in the world, a hotel that every U.S. president since Hoover has stayed at into a boutique hotel.
Construction will still move forward with the new 350 condominiums, along with the renovation of the ballrooms and public areas such as the lobby. The renovation of the hotel has been approved by the Landmarks Preservation Commission.