If you are visiting New York City, many tourists stop and check out the legendary Waldorf Astoria which is located on 49th street and Park Avenue. It is one of the oldest 5- star hotels, specifically 86 years old, located in the heart of New York City.

February 28, 2017 the fantastic hotel has closed down for major refurbishments. Many tourists love to browse through the gorgeous lobby as it is known as one of the most luxurious hotels located in New York City. It is now closing for renovation.

Closing for renovation...

Built in 1931, it was known as the largest and tallest hotel at the time in Midtown, Manhattan.

The Waldorf Astoria has over 1,400 rooms and has hosted some of the most famous people throughout the years. Guests such as Marilyn Monroe, Grace Kelly, Dalai Lama, and Barack Obama-- just to name a few--have stayed and dined at this luxurious and renowned hotel.

The Waldorf Astoria has closed due to renovations as the hotel needs some upgrades. The grande hotel has shown age and many guests feel that the rooms need a serious renovation. There have been complaints about cleanliness, peeling paint and the rooms and bathrooms being too small.

The owner of the hotel, Anbang Insurance Group, told the press that it is closing for major renovations.

No official plans have been released yet...

Although no official plans have been released, it has been suggested that the hotel will now convert more of its hotel rooms into renovated, gorgeous apartments.

Many guests are also upset by the news that a majority of the hotel will be changed. It has been the same for many, many years and some guests fear that all the history and Art Deco will be constructed over.

It could take up to two-years from its closing date for the renovations to be complete. It is one of the most legendary hotels and is not only known for its lavish events hosted in the ballroom and all the major celebrities who have walked the halls, but also for the food.

The Waldorf Astoria's kitchen was the birthplace of red velvet cupcakes and the Waldorf salad-- which now appears in just about every menu.