$1.4 billion real estate trade includes Waldorf-Astoria
The Shareholders of Hilton Hotels Corporation and BH Hotels LLC have agreed on a nearly-$1.4 billion real estate trade that includes the world-famous Waldorf-Astoria Hotel, located at 301 Park Avenue.
Blackstone Group, which bought out Hilton in October for $26 billion, nets the $572,343,007 hotel as part of the purchase. The 1,245-room hotel has been open at its current site since 1931, and was originally opened by William Waldorf Astor in 1893 at Fifth Avenue and 33rd Street.
As part of the deal, the Hilton New York, located at 1335 Avenue of the Americas, also was sold to BH Hotels. The selling price was greater than that of the Waldorf-Astoria Hotel, topping out at $757,804,148. Two additional lots, on the 102 through 108 blocks of West 57th Street, were sold at a total price of $68,989,066. The lots were originally purchased by Hilton in 2006 for $63 million combined.
Hilton announced plans in 2006 to build a Hilton Grand Vacations Club on part of the site.
Related Articles
Sheila Elias and Gustavo Novoa Private Viewing on April 19 to Honor Women of Tomorrow
Join the April 19 private viewing of Sheila Elias and Gustavo Novoa from 5–8 PM supporting Women of Tomorrow and contemporary art.
The Rise of Scalp Wellness: Inside Bomme’s Revitalizing Approach to Healthier Hair
Discover how Bomme’s Revitalizing Scalp Shampoo blends plant science and clean beauty to support scalp health and stronger hair.
Ayanat Skincare: A Return to What Is Real
Photo Credit: Omar Vega In an industry often defined by excess, Ayanat Skincare arrives with something far more rare — clarity, conviction, and a quiet confidence in the power of simplicity. Founded in 2020 by Ayanat Ksenbai and launched in 2025, the brand is built on a principle both bold and disarmingly straightforward: what you […]
ETRO Transforms The St. Regis Atlanta Pool in Time For Summer
ETRO is bringing its first-ever U.S. hotel takeover to Atlanta, transforming the Pool Piazza at The St. Regis Atlanta into a vibrant, fashion-driven destination just in time for summer. The Italian lifestyle house is about to unveil a stylish collab with The St. Regis Atlanta, transforming the property’s Pool Piazza into a summer oasis with […]
Areen Barzani: The New Face of Kurdish Leadership Blending Legacy, Vision, and Service
Areen Masrour Barzani advances youth empowerment, jobs, and climate initiatives through the Kurdistan Foundation.
Rules of Betrayal: Nationwide Opportunity. Timeless Craft.
Rules of Betrayal highlights craftsmanship, redefining luxury through skill, precision, and dedication beyond modern disposable culture.
Latest Stories
Trending Articles
Related Articles
Sheila Elias and Gustavo Novoa Private Viewing on April 19 to Honor Women of Tomorrow
Join the April 19 private viewing of Sheila Elias and Gustavo Novoa from 5–8 PM supporting Women of Tomorrow and contemporary art.
The Rise of Scalp Wellness: Inside Bomme’s Revitalizing Approach to Healthier Hair
Discover how Bomme’s Revitalizing Scalp Shampoo blends plant science and clean beauty to support scalp health and stronger hair.
Ayanat Skincare: A Return to What Is Real
Photo Credit: Omar Vega In an industry often defined by excess, Ayanat Skincare arrives with something far more rare — clarity, conviction, and a quiet confidence in the power of simplicity. Founded in 2020 by Ayanat Ksenbai and launched in 2025, the brand is built on a principle both bold and disarmingly straightforward: what you […]
ETRO Transforms The St. Regis Atlanta Pool in Time For Summer
ETRO is bringing its first-ever U.S. hotel takeover to Atlanta, transforming the Pool Piazza at The St. Regis Atlanta into a vibrant, fashion-driven destination just in time for summer. The Italian lifestyle house is about to unveil a stylish collab with The St. Regis Atlanta, transforming the property’s Pool Piazza into a summer oasis with […]
Areen Barzani: The New Face of Kurdish Leadership Blending Legacy, Vision, and Service
Areen Masrour Barzani advances youth empowerment, jobs, and climate initiatives through the Kurdistan Foundation.
Rules of Betrayal: Nationwide Opportunity. Timeless Craft.
Rules of Betrayal highlights craftsmanship, redefining luxury through skill, precision, and dedication beyond modern disposable culture.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events