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The Waldorf Astoria is stepping into a new era and, for the first time in its nearly century-long history, New Yorkers can actually own a piece of it. The Waldorf Astoria Residences New York transforms one of the city’s most legendary addresses into a mixed-use luxury property, pairing private homes with the reborn landmark hotel on Park Avenue.
The Art Deco icon, originally completed in 1931, closed in 2017 for a massive restoration and adaptive reuse project led by architecture firm Skidmore, Owings & Merrill. The overhaul preserved historic spaces while transforming the upper floors into luxury residences and reimagining the hotel for modern travelers.
Inside, the building now houses roughly 375 hotel rooms alongside 375 private condominium residences. The redevelopment blends preserved historic elements, like the famed public spaces and Art Deco detailing, with contemporary interiors and new infrastructure designed for 21st-century luxury living.
Residences range from studios to expansive four-bedroom homes and penthouses, many featuring unique layouts and private outdoor space. Pricing begins at $1.875 million, with larger homes climbing well into the multi-million-dollar range, reflecting the building’s position at the very top tier of Manhattan real estate.
One of the biggest selling points is access to more than 50,000 square feet of private residential amenities. These include a skylit 25-meter pool, spa and wellness areas, fitness facilities, entertainment spaces and business lounges designed for residents who split time between New York and elsewhere. Many of these interiors were designed by Jean-Louis Deniot, blending classic glamour with modern comfort.
The residences also tap directly into the hotel’s service culture. Owners will have access to concierge services, dedicated residential management teams and hospitality-level security. Beyond amenities, the project leans heavily into legacy. The Waldorf has long served as a symbol of New York luxury, and the restoration effort carefully cataloged and preserved historic artifacts and spaces, ensuring the building’s next chapter is firmly rooted in its past.
The conversion also reflects a broader trend reshaping New York’s most famous buildings into mixed-use luxury destinations, where hospitality and residential living overlap. At the Waldorf, that means residents live above one of the world’s most famous hotels while still enjoying privacy through separate entrances and dedicated residential-only spaces.
For buyers seeking both pedigree and modern luxury, Waldorf Astoria Residences New York represents something rare: a chance to live inside a piece of New York history, updated for the future but still unmistakably tied to the city’s golden age of glamour.
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