New Owner Anbang Insurance to Convert Most Waldorf Astoria Rooms into Condos

New York’s landmark Waldorf Astoria hotel is scheduled to close in spring 2017 so owner Anbang Insurance Group Co. can begin converting most of the more than 1,400 rooms to luxury condominiums, said a person with knowledge of the plans. …

from News – Insurance Journal http://ift.tt/29j4MmB
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