Plaza Hotel - wikipedia Plaza Hotel For other uses, see Plaza Hotel ( disambiguation ). Coordinates : 40 ° 45 ′ 53 '' N 73 ° 58 ′ 28 '' W ﻿ / ﻿ 40.764712 ° N 73.974574 ° W ﻿ / 40.764712 ; - 73.974574 Plaza Hotel U.S. National Register of Historic Places U.S. National Historic Landmark NYC Landmark The Plaza Hotel as seen from the corner of 5th Avenue and 58th Street in Manhattan Show map of Manhattan Show map of New York Show map of the US Show all Location 768 Fifth Avenue, Manhattan, New York City 10019 Built 1907 Architect Henry J. Hardenbergh ; Thomas Hastings, et al. Architectural style Late 19th and 20th Century Revivals NRHP reference # 78001878 Significant dates Added to NRHP November 29, 1978 Designated NHL June 24, 1986 Designated NYCL December 9, 1969 The Plaza Hotel, located in the Midtown Manhattan neighborhood of the borough of Manhattan, New York City, is a landmark 20 - story luxury hotel and condominium apartment building, opened in 1907 and owned by an Indian conglomerate, Sahara India Pariwar. Contents 1 Location 2 History 2.1 Famous uses 2.2 Facilities 3 In popular culture 4 Gallery 5 See also 6 References 7 External links Location With a height of 250 ft ( 76 m ) and a length of 400 ft ( 120 m ), the hotel occupies the west side of Grand Army Plaza, from which it derives its name, and extends along Central Park South in Manhattan. Fifth Avenue extends along the east side of Grand Army Plaza. The Plaza Hotel is recognized as a Historic Hotel of America by the National Trust for Historic Preservation. The hotel 's main entrance at 768 Fifth Avenue faces the southern portion of Grand Army Plaza, which commemorates the Union Army in the Civil War, whence its eponymous predecessor derived its name. History Construction on the first Plaza Hotel at this location began in 1883, on the site of the New York Skating Club. The builders ran out of money, and the New York Life Insurance Company foreclosed and hired the most celebrated architects of the era, McKim, Mead & White, to complete the hotel, which finally opened on October 1, 1890. It soon became apparent that the first hotel was far too small, and it was demolished in 1905. A new and larger Plaza Hotel, a French Renaissance château - style building designed by Henry Janeway Hardenbergh, was constructed in twenty - seven months at a cost of $12.5 million, opening to the public on October 1, 1907. When the hotel opened, a room at the Plaza Hotel was only $2.50 per night, the equivalent of $64.26 today. The same room costs over $1,000 per night today. The hotel proved so popular that a huge 300 - room annex was added to the hotel along 58th Street from 1920 - 1921. Conrad Hilton bought the Plaza Hotel for $7.4 million in October 1943 ( equivalent of $102 million today ) and spent $6 million ( equivalent of $83 million today ) refurbishing it. The Childs Company, a national restaurant chain, purchased The Plaza from Hilton on November 18, 1955 for $6.2 million in stock ( equivalent of $56.6 million today ). Childs had partnered in the development of the neighboring Savoy - Plaza Hotel, ( now the site of the General Motors Building ). Childs changed its name to Hotel Corporation of America ( HCA ) in 1956. HCA, in turn, changed its name to Sonesta International Hotels in 1970. Sonesta sold the Plaza to Western International Hotels in 1975 for $25 million ( equivalent of $112 million today ). Western International changed its name to Westin Hotels in 1980. Westin sold The Plaza to Donald Trump for $390 million on March 27, 1988 ( equivalent of $790 million today ). Trump commented on his purchase in a full - page open letter in The New York Times : `` I have n't purchased a building, I have purchased a masterpiece -- the Mona Lisa. For the first time in my life, I have knowingly made a deal that was not economic -- for I can never justify the price I paid, no matter how successful the Plaza becomes. '' Trump installed his wife, Ivana Trump as the hotel 's president. After $50 million in renovations, the hotel was earning a healthy operating income, but not enough to make the payments on its heavy debt load. Trump made plans to pay off the hotel 's debt by selling off many of its units as condominiums. A deal was instead reached for the Plaza 's creditors, a group of banks led by Citibank, to take a 49 percent stake in the hotel in exchange for forgiveness of $250 million in debt and an interest rate reduction. The agreement was submitted as a prepackaged bankruptcy in November 1992. In 1995, CDL Hotels International and Saudi prince Al - Waleed bin Talal purchased a controlling stake in the Plaza in a deal that valued it at $325 million ( equivalent of $511 million today ). The hotel was sold in 2004 for $675 million ( equivalent of $856 million today ) to Israeli - owned Manhattan - based developer, El Ad Properties. El Ad bought the hotel with plans of adding residential and commercial sections. Since the Plaza Hotel is a New York landmark, Tishman Construction Corporation, the construction management company hired to complete the renovations and conversions, had to comply with landmark regulations. El Ad temporarily closed the Plaza Hotel on April 30, 2005, for extensive renovations costing $450 million. Beginning May 2005, the Plaza Hotel 's contents were available to the public via a liquidation sale. The hotel reopened on March 1, 2008, offering 282 hotel rooms and 152 private condominium units ; it is managed by Fairmont Hotels and Resorts. Diamond retailer Lev Leviev put in the first bid for a Plaza apartment at $10 million. Most of the condominium units are usually empty, used as pieds - à - terre by their wealthy owners. In November 2008 the Plaza Hotel unveiled its retail collection, an underground mall featuring luxury brands such as Vertu and Demel Bakery ( closed as of March 2010 ), an Austrian - owned business. In 2010 the Plaza Food Hall opened in the underground mall, anchored by The Todd English Food Hall in collaboration with Chef Todd English. On July 31, 2012, India 's business group Sahara India Pariwar agreed to buy a 75 percent controlling stake for $570 million from El Ad Properties. The stake includes 100 of the Plaza 's 150 hotel - condominium units and a retail portion that includes The Oak Room bar. In August 2014, Sahara 's Subrata Roy announced he was seeking a buyer for his company 's majority stake in the Plaza, along with similar stakes in the Dream Hotel in New York and the Grosvenor House Hotel in London. A $4 billion price tag was placed on the Plaza stake. Speculation that Sultan Hassanal Bolkiah of Brunei would be the buyer was quashed by the sultan. In 2016, Saudi businessman Al - Waleed bin Talal, who already controls a 50 percent stake in the building 's hotel, restaurant and retail portion through his Kingdom Holdings, partnered with Qatari Investment Authority to purchase the hotel, but the deal fell through. He partnered again in 2017 with Ashkenazy Acquisition Corp in another attempt to purchase control of the structure. The Plaza Hotel was accorded landmark status by the New York City Landmarks Preservation Commission in 1969 ; it was designated a National Historic Landmark ( NHL ) in 1986. Famous uses Long the site for famous performers and guests, it has also been the meeting place for important political meetings. The nationally known singers Josephine Baker, Eartha Kitt, Liza Minnelli, Marlene Dietrich, Lena Horne, Kay Thompson, Sandler and Young, Ethel Merman, Shirley Bassey, Andy Williams, The Mills Brothers, Patti Page and Peggy Lee played the Persian Room. Miles Davis recorded a live album in the Persian Room in 1958. Unaccompanied ladies were not permitted in the Oak Room bar ; women favored the Palm Court for luncheons and tea. In September 1985, ministers of developed countries met at the Plaza Hotel to consult on finance issues and affirmed their agreement by signing the Plaza Accord. It served as an agreement among the finance ministers of the United States, Japan, West Germany, France and Britain to bring down the price of the U.S. dollar against their currencies. The Beatles stayed at the Plaza Hotel during their first visit to the United States in February 1964. On November 28, 1966, in honor of the publisher Katharine Graham, the writer Truman Capote hosted his acclaimed `` Black and White Ball '' in the Grand Ballroom. The ballroom was also the site, in 1993, of Donald Trump 's wedding to Marla Maples in front of 1,500 guests. Facilities See also : Oak Room ( Plaza Hotel ) The Plaza Hotel offers its guests and residences many services including a butler on every floor, baby - sitting and concierges, a shopping mall, the Palm Court under the restored stained glass ceiling, the Champagne Bar located in the hotel lobby with views of Grand Army Plaza, the Edwardian Room, the Terrace Room, the Rose Club, the Grand Ball Room, The Plaza Food Hall and The Todd English Food Hall Restaurant and Marketplace, as well as meeting rooms and conference rooms. The Grand Ballroom, Terrace Room and meeting spaces are currently managed by CPS Events, a joint venture between Delaware North Companies and the high end caterer Great Performances. The Oak Room, now closed, was another restaurant in the Plaza. In popular culture Literature It was the setting for Kay Thompson 's series of Eloise children 's books published in the 1950s, about a young girl who lived at the hotel. The novel Anonymous Rex has the main character, Vincent Rubio, checking into the hotel at great expense after threatening the front desk clerk. F. Scott Fitzgerald 's 1925 novel The Great Gatsby features the characters Nick Carraway and Jordan Baker having a conversation in the tea garden at the Plaza Hotel. Another scene in the novel features a confrontation between title character Jay Gatsby and Tom Buchanan in a suite at the Plaza Hotel. It was one of the main settings in the series The Princess Diaries by Meg Cabot ; it was where Mia 's grandmother ( or grand - mère ) stayed. It was a base camp used by the demigods in The Last Olympian in Rick Riordan 's Percy Jackson series ( 2009 ) ; the Pomona statue appears. Films Eloise ( 1956 ) starring Evelyn Rudie as Eloise, the child who lived `` on the top floor '', with cameo appearances by Conrad Hilton and Eloise author Kay Thompson. North by Northwest ( 1959 ) Barefoot in the Park ( 1967 ) Funny Girl ( 1968 ) Plaza Suite ( 1971 ) The Way We Were ( 1973 ) Love at First Bite ( 1979 ) Arthur ( 1981 ) They All Laughed ( 1981 ) The Cotton Club ( 1984 ) Brewster 's Millions ( 1985 ) `` Bride Wars '' ( 2009 ) `` Crocodile '' Dundee ( 1986 ) Big Business ( 1988 ) `` Crocodile '' Dundee II ( 1988 ) King of New York ( 1990 ) Scent of a Woman ( 1991 ) In Home Alone 2 : Lost in New York ( 1992 ), much of the film takes place in and around the hotel, and then - owner Donald Trump, who is now President of the United States makes a short appearance, with a line directing Macaulay Culkin towards the lobby. Flodders in America ( 1992 ) Sleepless in Seattle ( 1993 ) It Could Happen to You ( 1994 ) The Associate ( 1996 ) Almost Famous ( 2000 ) Hollywood Ending ( 2002 ), a Woody Allen film. Eloise at Christmastime ( 2003 ), a live action film adapted from the eponymous 1958 children 's book written by Kay Thompson and illustrated by Hilary Knight Eloise at the Plaza ( 2003 ), a live action film based on the Eloise series of children 's books by Kay Thompson and Hilary Knight The Plaza Hotel is seen in the intro of the film Disaster Zone : Volcano in New York ( 2006 ) A parody of the hotel appears in the Grand Theft Auto IV video game ( 2008 ) In Bride Wars ( 2009 ) with Kate Hudson, Anne Hathaway 's character was shot in the Grand Ballroom, the Terrace Room, and in corridors and the Palm Court. The film also shows the lobby and exterior. The Great Gatsby ( 2013 ), Nick Carraway, Jay Gatsby, Daisy and Tom Buchanan talk in a suite at the hotel American Hustle ( 2013 ) Television The American Dad ! episode `` Fart - Break Hotel '' featured the hotel as a main setting. In the Family Guy episode `` A Picture Is Worth a 1,000 Bucks '', the Griffin family stays in this hotel. Friends Seinfeld The Sopranos : The pilot and `` Eloise '' episodes refer to Carmela and Meadow Soprano 's tradition of lunching under Eloise 's portrait at the Plaza Hotel on Meadow 's birthday. Several episodes, including `` The Test Dream '' ( season 5, episode 11 ), feature scenes occurring in a suite at the Plaza Hotel. The Suite Life of Zack & Cody Ugly Betty character Wilhelmina Slater owns an apartment facing Central Park at the Plaza Hotel. What I Like About You Gallery Plaza Hotel Plaza Hotel during the early - 20th century The Plaza Hotel and its International Modern style neighbors, as seen from across The Pond in Central Park The Plaza Hotel turned 100 years old in 2007, celebrating with ceremonies and fireworks See also List of New York City Designated Landmarks in Manhattan from 59th to 110th Streets National Register of Historic Places listings in Manhattan above 59th to 110th Streets References Notes Jump up ^ National Park Service ( 2006 - 03 - 15 ). `` National Register Information System ''. National Register of Historic Places. National Park Service. ^ Jump up to : `` Plaza Hotel ''. National Historic Landmark summary listing. National Park Service. September 18, 2007. Jump up ^ `` The Plaza ''. Historic Hotels of America. Retrieved 2015 - 11 - 15. Jump up ^ ( 1 ) Archived March 22, 2013, at the Wayback Machine. Jump up ^ History page on the Plaza 's website Jump up ^ http://www.theplazany.com/history/timeline/ Jump up ^ http://www.theplazany.com/history/timeline/ ^ Jump up to : Morehouse, Ward. Inside the Plaza : an Intimate Portrait of the Ultimate Hotel. New York : Applause, 2001 Jump up ^ http://www.theplazany.com/history/timeline/ Jump up ^ `` Childs Approves Plaza Purchase '', The New York Times, November 18, 1955 Jump up ^ McKim, Mead, and White, architects ; demolished in 1964. Jump up ^ https://www.sonesta.com/who-we-are/company-heritage/timeline Jump up ^ https://www.sonesta.com/who-we-are/company-heritage/timeline Jump up ^ https://www.nytimes.com/1974/11/13/archives/western-hotels-co-buying-the-plaza-for-25million.html Jump up ^ https://www.nytimes.com/1988/03/27/nyregion/plaza-hotel-is-sold-to-donald-trump-for-390-million.html Jump up ^ Marion M. White ( September 26, 1988 ). `` Ivana Trump : Hard work, discipline and self - reliance ''. Tampa Bay Times -- via NewsBank. Jump up ^ Floyd Norris ( June 5, 1990 ). `` A haze of debt clouds the Plaza Hotel 's gleam ''. New York Times. Retrieved 2016 - 03 - 26. Jump up ^ Richard D. Hylton ( April 9, 1991 ). `` Trump expected to sell rooms in Plaza Hotel ''. Los Angeles Daily News -- via NewsBank. Jump up ^ `` Trump yields 49 % of Plaza Hotel in N.Y. ''. The Star - Ledger. Newark, NJ. March 19, 1992 -- via NewsBank. Jump up ^ `` Trump 's Plaza Hotel bankruptcy plan approved ''. New York Times. December 12, 1992. Retrieved 2016 - 03 - 26. Jump up ^ `` Trump Is Selling Plaza Hotel To Saudi and Asian Investors '', The New York Times, 1995 12 April Jump up ^ `` Eloise Gets a New Landlord : Plaza Sells for $675 Million '', The New York Times, 2004 14 Aug Jump up ^ Knudson, Brooke. `` Restoring a New York icon : Tishman Construction Corporation puts its constructions management skills to the test on The Plaza Hotel renovation and conversion in New York City and came out a winner '', Construction Today 2008 March : 43. Jump up ^ Danto, Ginger. `` Suite Deal for the Plaza '', Brandweek 2005 April 25 : 30. Jump up ^ Baltic, Contributing Editor Scott. `` New York 's Plaza Hotel Reopens After $400 M Renovation '', Commercial Property News 2008 March 3 : NA. Jump up ^ Elizabeth A. Harris ( February 11, 2013 ). `` Why Buy a Condo You Seldom Use ? Because You Can ''. New York Times. Retrieved January 7, 2015. Jump up ^ Plaza Food Hall Is Growing Jump up ^ `` Sahara checks into iconic New York hotel ''. Hindustan Times. Retrieved July 28, 2014. ^ Jump up to : Bagli, Charles V. ( August 22, 2014 ). `` Legal Woes of Owners Help Put the Plaza Back in Play ''. The New York Times. Retrieved August 23, 2014. Jump up ^ https://ny.curbed.com/2017/5/25/15690120/plaza-hotel-saudi-prince-sale Jump up ^ `` '' Plaza Hotel ``, undated, by Carolyn Pitts '' ( PDF ). National Register of Historic Places Inventory - Nomination. National Park Service. n.d. Jump up ^ Mike Capuzzo ( December 21, 1993 ). `` Marla finally becomes Mrs. Trump ''. Philadelphia Inquirer. Retrieved 2016 - 03 - 26. Bibliography The WPA Guide to New York City, 1939 ( reprinted 1982 ) ( ISBN 0 - 394 - 71215 - 3 ) The Plaza Hotel, from the website of a former New York Post architecture critic The Plaza Says It 'll Be History After April 30, a March 2005 New York Times article ( registration required ) The Plaza Lives !, an oral history of the Plaza Hotel that appeared in New York magazine in May 2005. Fairmont to manage New York City 's Plaza Hotel, CBC News report External links Wikimedia Commons has media related to Plaza Hotel. Official website The Plaza : 768 Fifth Avenue, detailed building information, building ratings, pros and cons The Plaza Hotel, New York Architecture images Images, descriptions, and reviews of The Plaza Venues of the Tony Awards ceremonies Waldorf - Astoria Hotel ( 1947 -- 53, 1957 -- 59, 1961 -- 62 ) Plaza Hotel ( 1954 -- 56 ) Astor Hotel ( 1960, 1965 ) Hotel Americana ( 1963 ) New York Hilton ( 1964 ) Rockefeller Center Rainbow Room ( 1966 ) Shubert Theatre ( 1967 -- 68, 1974, 1976 -- 79, 1985 ) Mark Hellinger Theatre ( 1969 -- 70, 1980 -- 81, 1987 ) Palace Theatre ( 1971 ) Broadway Theatre ( 1972 ) Imperial Theatre ( 1973, 1982 ) Winter Garden Theatre ( 1975 ) Gershwin Theatre ( 1983 -- 84, 1992 -- 94, 1999 ) Minskoff Theatre ( 1986, 1988, 1991, 1995 ) Lunt - Fontanne Theatre ( 1989 -- 90 ) Majestic Theatre ( 1996 ) Radio City Music Hall ( 1997 -- 98, 2000 -- 10, 2013 -- 15, 2017 ) Beacon Theatre ( 2011 -- 12, 2016 ) Hotels in New York City 5 - star / 5 Diamond Four Seasons Hotel New York Four Seasons Hotel New York Downtown Mandarin Oriental New York Park Hyatt New York The Peninsula New York The Pierre The Ritz - Carlton New York, Battery Park The Ritz - Carlton New York, Central Park The St. Regis New York Trump International Hotel and Tower Trump SoHo 4 - star / 4 Diamond Algonquin Hotel Andaz 5th Avenue Andaz Wall Street Archer New York Conrad New York Crosby Street Hotel Dream Hotel Downtown Eventi Gansevoort Meatpacking NYC Hotel Gramercy Park Hotel Hotel 48LEX New York Hotel Plaza Athenee Hyatt Union Square New York Ink48 InterContinental New York Times Square JW Marriott Essex House Langham Place, New York Le Parker Meridien Loews Regency Hotel Lotte New York Palace Hotel NoMo SoHo Omni Berkshire Place Refinery Hotel New York Renaissance New York Hotel Times Square Royalton Hotel Smyth - A Thompson Hotel Sofitel New York The Benjamin Hotel The Blakely New York Hotel The Bowery Hotel The Bryant Park Hotel The Carlton The Carlyle The Chatwal The Greenwich Hotel The James Hotel New York Soho The Kitano New York The London NYC The Lowell Hotel The Mark The Michelangelo The Muse Hotel The New York Edition The NoMad Hotel The Plaza The Quin The Surrey The Westin New York at Times Square Viceroy New York W New York - Downtown W New York - Times Square W New York - Union Square Waldorf Astoria New York U.S. National Register of Historic Places in New York Topics Contributing property Keeper of the Register Historic district History of the National Register of Historic Places National Park Service Property types Lists by county Albany Allegany Bronx Broome Cattaraugus Cayuga Chautauqua Chemung Chenango Clinton Columbia Cortland Delaware Dutchess Erie Essex Franklin Fulton Genesee Greene Hamilton Herkimer Jefferson Kings ( Brooklyn ) Lewis Livingston Madison Monroe Montgomery Nassau New York ( Manhattan ) Niagara Oneida Onondaga Ontario Orange Orleans Oswego Otsego Putnam Queens Rensselaer Richmond ( Staten Island ) Rockland Saratoga Schenectady Schoharie Schuyler Seneca St. Lawrence Steuben Suffolk Sullivan Tioga Tompkins Ulster Warren Washington Wayne Westchester Northern Southern Wyoming Yates Lists by city Albany Buffalo New Rochelle New York City Bronx Brooklyn Queens Staten Island Manhattan Below 14th St. 14th -- 59th St. 59th -- 110th St. Above 110th St. Minor islands Niagara Falls Peekskill Poughkeepsie Rhinebeck Rochester Syracuse Yonkers Other lists Bridges and tunnels National Historic Landmarks Category : National Register of Historic Places in New York ( state ) Portal : National Register of Historic Places New York City portal Retrieved from `` https://en.wikipedia.org/w/index.php?title=Plaza_Hotel&oldid=799536306 '' Categories : 1907 establishments in New York ( state ) Hotel buildings completed in 1907 Hotels established in 1907 National Historic Landmarks in Manhattan Hotel buildings on the National Register of Historic Places in Manhattan Fifth Avenue Condo hotels in the United States Fairmont Hotels and Resorts Midtown Manhattan Skyscraper hotels in Manhattan Hidden categories : Webarchive template wayback links Use mdy dates from October 2014 Coordinates on Wikidata All articles with unsourced statements Articles with unsourced statements from July 2016 Pages using div col with small parameter Talk Contents About Wikipedia বাংলা Català Čeština Deutsch Eesti Español Français 한국어 Italiano עברית Latviešu Nederlands 日本 語 Polski Português Русский Slovenčina Suomi Svenska Українська 中文 Edit links This page was last edited on 8 September 2017, at 09 : 14. 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Question: who owns the park plaza hotel new york
Answer: an Indian conglomerate, Sahara India Pariwar