Photoshop contests at Mechapixel | Forums
 
The golden bit is back!
Gain exclusive benefits and help support Mechapixel with Mecha+
Learn more - Subscribe
HomeContestsQueueShowcaseArcadeForumsMembersAboutContact
'Mexicanpickle' by stacyrings
Go Back   Mechapixel Forums > Main > Aarkie's Corner
Post New Thread Reply
Thread Tools
Unread 2016-06-27, 10:35   #1
aarkieboy's Avatar
aarkieboy
Moderator

Feb 5 2003
85,230 posts
Age 63
Male
Somewhere on this ball we call "Earth"
 



"China's Anbang Insurance Group Co [ANBANG.UL] plans to convert as much as three-quarters of the rooms at New York's landmark Waldorf Astoria hotel into apartments, the Wall Street Journal reported on Sunday, citing people familiar with the matter.

The insurer, which bought the hotel from Hilton Worldwide Holdings Inc (HLT.N) in 2014 for $1.95 billion, plans to close the Waldorf for up to three years starting next spring, the report said.

"We have not finalized any plans in terms of the scope, nature and details of the renovation project or the exact timing and duration of the hotel's closure. We are currently developing conceptual plans and will share additional details once those plans are finalized," a U.S.-based spokesman for Anbang said.

It plans to convert as many as 1,100 of the hotel's 1,413 rooms into condominiums, according to the Journal. When the hotel reopens, it will have 300 to 500 guest rooms.

The plan also calls for the hotel to cut hundreds of jobs, according to the report." - reuters
My SignatureDisplay Signature Reply With Quote
Go Back   Mechapixel Forums > Main > Aarkie's Corner > Chinese owners to renovate Waldorf Astoria, turn 65% of rooms into apartments
Post New Thread Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -5. The time now is 0:28.

Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.