If all goes as expected, The Plaza Hotel — overnight home to Christian Dior, Frank Lloyd Wright and the Beatles, backdrop to movies like North by Northwest and Crocodile Dundee and playground for the impish Eloise — is about to change hands once again for an eye-popping $600 million. It’s just not clear who the new owner will be. Read more
More over Conrad Hilton. And you, too, Donald Trump. It appears that a new member may be joining the growing coterie of individuals and consortiums who have called themselves owners of New York’s 1907 landmark, The Plaza Hotel.
Sahara Group, the India-based conglomerate that bought a majority stake in the hotel in 2012, has hired a broker to sell their share in the showpiece Fifth Avenue property, The Wall Street Journal reports.
Overnight New York is the independent guide to New York City hotels with honest, unbiased reporting and no ties to the hotels we write about. We visit each hotel anonymously and always pay when we eat and stay. Think of Overnight New York as a best friend who susses out where you want to spend the night — and where you don’t — and tells you what’s new, what’s trending and where to meet for drinks after work, indulge in a romantic dinner or put up the in-laws.