Waldorf’s New Owner Vows to Work With NYC on Deco Preservation
- Anbang’s pledge follows pressure from Landmarks Conservancy
- Conservationists fret over Peacock Alley, grand ballroom
The new owner of Manhattan’s Waldorf Astoria said it will work with New York City officials to maintain the hotel interior’s distinctive Art Deco details after preservationists raised concerns that a condominium conversion may threaten them.
Anbang Insurance Group Co., a Chinese insurance company that last year bought the hotel for $1.95 billion, disputed assertions by the New York Landmarks Conservancy preservation group that it had refused to support landmark protection for the hotel’s interiors during a meeting of representatives of both organizations.