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New York City's famed Plaza Hotel is once again looking for a buyer

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New York City's Plaza Hotel has been one of the world's most iconic accommodations since its opening in 1907. At the corner of Fifth Avenue and Central Park South, its location is only one factor contributing to the hotel's rise as a premiere destination for celebrities, writers, and leaders.

Some of history's wildest parties and most memorable events have taken place inside, and today it remains as opulent as ever.

According to the Wall Street Journal, the hotel's owners have recently taken steps to sell the iconic property, hiring a broker to market it to foreign buyers. The Plaza has had numerous owners over the years, including Conrad Hilton and Donald Trump. Indian conglomerate Sahara Group has been the majority owner since 2012.

The hotel could be worth as much as $560 million, the WSJ reported.

We've put together a collection of photos that showcase how the hotel became so legendary, as well as what guests can expect to find at the breathtaking space today.

It was the site of many a celebrity wedding, including that between Donald Trump and former wife Marla Maples in 1993.

The Plaza is also the only hotel in the world to offer 24-karat gold-plated sinks

The Palm Court, which serves breakfast, tea, bar bites, and evening cocktails, served as the setting for many popular novels and films, most notably Fitzgerald's "The Great Gatsby."

No cost was spared in making it a place of sheer luxury. The largest single order in history for gold-encrusted china was placed with L. Straus and Sons for The Plaza, and around 1,650 crystal chandeliers were purchased for use throughout the hotel.

Source: The Wall Street Journal

Junior Trader Stefan Panteleev

 


 Varchev Traders

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