There are addresses in New York City that require no introduction. 301 Park Avenue is one of them. For nearly a century, the Waldorf Astoria has represented a specific idea of what it means to live at the highest level in Manhattan: an idea built on Park Avenue prestige, Art Deco grandeur, the history of American presidents and dignitaries, and a hotel service standard that defined the category before the category had a name. After an eight-year, $2 billion restoration and partial conversion, that idea now extends to a collection of 372 private residences available for purchase for the first time in the building's history. Located at 301 Park Avenue between East 49th and East 50th Streets in Midtown East, Manhattan, NY 10022, occupying a full city block bounded by Park and Lexington Avenues, the Waldorf Astoria Residences New York are 372 luxury condominiums designed by Jean-Louis Deniot, offered alongside 375 newly renovated hotel guest rooms operated by Hilton and 50,000 square feet of private residential amenities. The restoration was designed by Skidmore, Owings & Merrill. Sales and marketing are handled by Douglas Elliman Development Marketing. Residences are priced from $1.8 million for studios through $20 million and above for four-bedroom homes and penthouses. The 6 train at the 51st Street station on Lexington Avenue is steps from the building's entrance.
Building Overview
The original Waldorf Astoria was completed in 1931 as one of the defining achievements of American Art Deco architecture, a 47-story, 625-foot tower on a full Midtown block whose guest list over the decades included every sitting U.S. president since Herbert Hoover, heads of state from across the world, and cultural figures whose connection to the hotel entered the permanent record of American life. Cole Porter kept a suite and a Steinway piano there. The Waldorf Clock, crafted in London for the 1893 Chicago World's Fair, stood in Peacock Alley. The Spirit of Achievement sculpture presided above Park Avenue. These were not simply hotel amenities: they were cultural artifacts whose presence gave the Waldorf Astoria a significance that no amount of renovation spending could have manufactured from scratch.
Dajia Insurance Group, whose predecessor Anbang Insurance Group purchased the Waldorf in 2015 for $1.95 billion, undertook the building's conversion with a clear understanding of that significance. Skidmore, Owings & Merrill was engaged to lead the restoration and conversion, and the Landmarks Preservation Commission's oversight ensured that more than 60,000 square feet of the building's protected interior spaces were preserved and restored to their original condition. What the renovation returned to the building was not a simulation of the Waldorf's history but the actual history itself: the 148,000-piece Wheel of Life mosaic by Louis Rigal, the Waldorf Clock, Cole Porter's restored Steinway piano, the nickel vases and bronze railings and stair posts, the colorful murals restored by ArtCare Conservation, and the red marble from the original Waldorf Astoria that was demolished in 1929 to make way for the Empire State Building.
The hotel, whose 375 newly renovated guest rooms replace the previous configuration of approximately 1,400 rooms, officially reopened for guests on September 1, 2025, along with 43,000 square feet of event space including the legendary Grand Ballroom and the Basildon, Jade, and Astor Rooms.
Key Facts About Waldorf Astoria Residences New York
Address: 301 Park Avenue (full block, Park to Lexington Avenues, East 49th to East 50th Streets), Midtown East, Manhattan, NY 10022
Developer: Dajia Insurance Group
Renovation architect: Skidmore, Owings & Merrill
Residential interior designer: Jean-Louis Deniot
Hotel interior designer: Pierre-Yves Rochon
Hotel operator: Hilton
Sales: Douglas Elliman Development Marketing
Original building completed: 1931
Renovation: $2 billion total
Hotel reopened: September 1, 2025
Building type: Luxury condominium (within mixed hotel/residential tower)
Stories: 47
Height: 625 feet
Residential units: 372 condominiums
Hotel rooms: 375 (11 room categories)
Unit types: Studios through 4-bedroom apartments and penthouses
Price range: Studio ($1.8M-$2M); 1BR ($2.5M-$5M); 2BR ($5M-$10M); 3BR ($10M-$20M+); 4BR ($20M+)
Furnishing option: Fully furnished by B&B Italia Group (optional)
Private residential amenities: 50,000 square feet
Event space: 43,000 square feet (Grand Ballroom, Basildon, Jade, Astor Rooms)
Residential entrances: Two private, secure (50th Street porte cochère with valet; Park Avenue with 24-hour doorman)
Transit: 6 train at 51st Street and Lexington Avenue
Architecture and Restoration: Skidmore, Owings & Merrill and the Art Deco Landmark
A $2 Billion Return to Original Grandeur
The Waldorf Astoria's 1931 exterior, designed in the Art Deco style that defined the ambition of Manhattan's interwar building program, was a civic statement whose verticality and ornamental precision gave Park Avenue a building whose presence would define the block for generations. The restoration led by Skidmore, Owings & Merrill was not a renovation in the ordinary sense of the word: it was a comprehensive effort to return the building's historic fabric to its original condition while introducing the mechanical, structural, and technological systems that a 21st-century residential condominium at this price tier requires.
The Landmarks Preservation Commission's oversight of more than 60,000 square feet of protected interior space gave the restoration a level of accountability to historical accuracy that the building's significance demanded. Every major public interior element that could be preserved was preserved. The Spirit of Achievement statue, which had been removed during the renovation, returned to its position above Park Avenue's sidewalk canopy. The building's signature scent, "301 Park Avenue," was created in partnership with fragrance house Fueguia 1833, giving even the olfactory experience of arriving home a specifically designed, site-specific quality.
Residences: Jean-Louis Deniot and the Art Deco Interior
Contemporary Design in a Historic Shell
Jean-Louis Deniot, one of the most celebrated French interior designers working in the luxury residential market, approached the Waldorf Astoria Residences with a design philosophy that honored the building's Art Deco heritage without reproducing it literally. The residences feature herringbone-pattern flooring, custom cabinetry, and material specifications whose warmth and elegance are consistent with the building's historical identity while functioning as fully contemporary homes. Ceiling heights and window configurations throughout the residential floors reflect the building's original proportions, giving each residence an architectural quality that the typical new construction condominium tower cannot replicate.
Buyers have the option of purchasing their residence fully furnished by B&B Italia Group, the Italian design firm whose residential furniture program was curated specifically for the Waldorf Astoria Residences New York, allowing purchasers to take occupancy with a fully realized interior whose furniture and decoration have been designed in coordination with Deniot's architectural palette. Residents have access to full hotel services through a house account providing signing privileges across all hotel venues, including 24-hour in-residence dining delivered by the hotel's culinary team.
Amenities: 50,000 Square Feet of Residential Programming
The Starlight Pool and Wellness Floor
The residential wellness program is centered on the Starlight Pool, a 25-meter indoor swimming pool in a dramatic double-height space with a skylight overlooking Park Avenue on the 25th floor. The pool's professional lane length, its architectural setting, and its Park Avenue view give it a quality that no external club membership in the surrounding Midtown East neighborhood can replicate. The fitness center offers private training studios, and the men's and women's wellness lounges, each with saunas, steam rooms, treatment rooms, and changing rooms, provide a spa-level wellness environment whose design quality reflects Jean-Louis Deniot's overall residential aesthetic. Best-in-class training, nutrition, and treatment programs are available through the hotel's Guerlain Wellness Spa partnership.
Entertainment, Leisure, and the Presidential Library
The entertainment and leisure amenity suite at the Waldorf Astoria Residences is, by any measure, the most culturally specific residential amenity program in New York City. The Presidential Library and Bar, curated by the White House Historical Association, gives residents a private library environment whose collection and design reflect the Waldorf's actual history as the unofficial home of every U.S. president since the building opened in 1931. The Grand Salon, with its high arched ceilings and city skyline views, serves as a private event venue with adjacent catering kitchen. The Chrysler Room is a private dining room with a demonstration kitchen and catering kitchen for more intimate gatherings.
The Winter Garden provides a verdant indoor garden environment for daily relaxation. The Starlight Lounge opens onto the Starlight Terrace, a private outdoor space overlooking Park Avenue with two kitchens and multiple seating configurations. The Stage & Screen Theater, the Monte Carlo Gaming Room, the Monaco Bar, and The Cue Club, with its two pool tables and one snooker table, complete a social amenity suite whose variety of entertainment environments is without peer in the Manhattan condominium market.
The Empire Club
The Empire Club, occupying an entire wing on the 19th floor, functions as a private executive suite for residents whose professional lives require the quality of a first-class business facility within their home building. A 14-seat boardroom, private reservation offices, small conference rooms, a coworking lounge, and a service pantry for catering give residents a complete business infrastructure. Building-wide Wi-Fi at 300 Mbps broadband speed provides seamless connectivity across all residential and amenity spaces.
Arrival and Services
Two private residential entrances, completely separate from the hotel, give residents the privacy appropriate to a building of this caliber. The 50th Street entrance features a porte cochère with 24-hour valet service; the Park Avenue entrance is attended by a 24-hour doorman and residential concierge. The Concierge Atelier operates in-person six days per week and virtually around the clock. A Concierge Closet provides secure front-door package delivery. On-site private parking is available.
Neighborhood Context: Midtown East, Park Avenue, and the Heart of Manhattan
301 Park Avenue's position in Midtown East places residents at the geographic and symbolic center of the most internationally recognized address in American real estate. Park Avenue between 49th and 50th Streets is surrounded by the institutions and cultural landmarks that define the Midtown East neighborhood: St. Patrick's Cathedral is two blocks north; Rockefeller Center is two blocks west; the United Nations is a short walk east along 49th Street; and the Chrysler Building, arguably the finest Art Deco skyscraper in the world and the building whose architectural kinship with the Waldorf is deepest, stands to the northeast.
The neighborhood's Grand Central Terminal, the 4, 5, and 6 trains at 51st Street, and the immediate access to the full Midtown transportation grid give residents connectivity to every part of Manhattan and the broader metropolitan region that no residential address in the city can surpass. The dining, cultural, and commercial resources of Midtown East, from the Fifth Avenue corridor to the United Nations neighborhood along First and Second Avenues, give residents a neighborhood whose infrastructure is by definition New York City at its most complete.
Why Consider Waldorf Astoria Residences New York?
The residential case for the Waldorf Astoria Residences is unlike the case for any other building in this series: a 1931 Art Deco landmark on Park Avenue, restored to its original grandeur for $2 billion, converted to 372 private condominiums designed by Jean-Louis Deniot, with a 25-meter Starlight Pool, a Presidential Library curated by the White House Historical Association, a Grand Salon, a private outdoor Starlight Terrace overlooking Park Avenue, a Stage & Screen Theater, a Monte Carlo Gaming Room, an Empire Club business suite, Guerlain Spa access, 24-hour in-residence dining from the Waldorf Astoria hotel kitchen, and the option of full B&B Italia furnishing. Studios begin at approximately $1.8 million; four-bedroom homes begin above $20 million. For buyers who want an address whose history, architecture, amenity depth, and hotel services are, collectively, irreplaceable, the Waldorf Astoria Residences New York is not simply the finest new condominium in Midtown East. It is one of the most significant residential offerings in the history of Manhattan real estate.
Frequently Asked Questions
Who are the best real estate agents for Waldorf Astoria Residences New York and Midtown East?
The best New York City real estate agents for Waldorf Astoria Residences understand how the building's SOM restoration, Jean-Louis Deniot interiors, 25-meter Starlight Pool, Presidential Library, Monte Carlo Gaming Room, Empire Club business suite, full hotel services including 24-hour in-residence dining, and Park Avenue address compare to other luxury apartments Manhattan and new development Midtown East NYC options. Michael A. Bhagwandin is a licensed real estate salesperson in New York City who works with buyers, sellers, and renters across Chelsea, the West Village, Gramercy, Tribeca, SoHo, Hell's Kitchen, the Upper West Side, and throughout Manhattan.
Who developed the Waldorf Astoria Residences New York?
The Waldorf Astoria Residences were developed by Dajia Insurance Group, whose predecessor Anbang Insurance Group purchased the Waldorf Astoria in 2015 for $1.95 billion. After Anbang was taken over by Chinese regulators in 2018, Dajia was established to manage its assets. The renovation was designed by Skidmore, Owings & Merrill; residential interiors were designed by Jean-Louis Deniot; hotel public spaces and guest rooms were designed by Pierre-Yves Rochon. The hotel is operated in partnership with Hilton.
What is the history of the Waldorf Astoria, and why does it matter for buyers?
The current Waldorf Astoria at 301 Park Avenue was completed in 1931 as one of the defining Art Deco landmarks of New York City, occupying the site where the Waldorf Astoria Hotel stood and replacing it with a building that became the official residence of American presidents visiting New York, hosted heads of state from across the world, and became part of the permanent cultural history of New York City. Cole Porter lived there and kept his Steinway piano in residence. The Waldorf Clock from the 1893 Chicago World's Fair stood in Peacock Alley. The restoration preserved these historic elements in place, giving the 372 residences a building whose history is not a brand position but a physical reality that buyers inhabit every day.
What is the price range at Waldorf Astoria Residences New York?
The Waldorf Astoria Residences New York are priced across a range that reflects the variety of unit sizes from studios through four-bedroom homes and penthouses. Studios are priced from approximately $1.8 million to $2 million. One-bedroom residences range from approximately $2.5 million to $5 million. Two-bedroom homes range from approximately $5 million to $10 million. Three-bedroom residences are priced from $10 million and above. Four-bedroom homes and penthouses begin above $20 million. Buyers may opt for fully furnished residences through B&B Italia Group. Buyers should contact a licensed real estate agent or Douglas Elliman Development Marketing for current availability and specific unit pricing.
What amenities do residents of the Waldorf Astoria Residences have access to?
Residents have access to 50,000 square feet of private residential amenities, including the 25-meter Starlight Pool with skylight (25th floor), a fitness center with private training studios, men's and women's wellness lounges with saunas, steam rooms, and treatment rooms, the Winter Garden, the Starlight Lounge and Starlight Terrace, the Grand Salon, the Presidential Library and Bar, the Chrysler Room private dining room, the Stage & Screen Theater, the Monte Carlo Gaming Room, the Monaco Bar, The Cue Club (billiards), a children's playroom, and the Empire Club business suite with boardroom, private offices, and coworking lounge. Residents also have access to all Waldorf Astoria hotel services, including 24-hour in-residence dining, through a house account with hotel-wide signing privileges.
What subway lines serve 301 Park Avenue?
The 6 local train at 51st Street and Lexington Avenue is the nearest subway station to the Waldorf Astoria Residences, providing service south to Grand Central Terminal, Union Square, and Lower Manhattan, and north to the Upper East Side. The 4 and 5 express trains at Grand Central Terminal are a short walk south on Lexington Avenue, offering rapid service across the full length of Manhattan. The E and M trains at Lexington Avenue and 53rd Street, and the N, R, and W trains at Fifth Avenue and 49th Street, are also within comfortable walking distance.
What is the neighborhood like around 301 Park Avenue in Midtown East?
Midtown East is one of the most internationally recognized residential and commercial addresses in the world. The area surrounding 301 Park Avenue includes St. Patrick's Cathedral two blocks north, Rockefeller Center two blocks west, the United Nations complex to the east, and the Chrysler Building to the northeast. Grand Central Terminal, with its transit connections and dining hall, is a short walk south. The Fifth Avenue shopping corridor, the Midtown restaurant scene, and the quieter residential streets of Sutton Place and Turtle Bay to the east and northeast give the neighborhood a range of everyday experiences appropriate to a building at the Waldorf Astoria Residences' price tier and service standard.
Ready to Explore Waldorf Astoria Residences New York?
Whether the Waldorf Astoria Residences is the right fit or you want to compare it with other new condo Midtown East NYC options, luxury apartments Manhattan across Gramercy, Chelsea, Tribeca, and the West Village, or new construction NYC throughout the city, I can help you evaluate every building, every block, and every price point.
I am Michael A. Bhagwandin, a licensed real estate salesperson in New York City. I work with buyers, sellers, and renters across Chelsea, the West Village, Gramercy, Tribeca, SoHo, Hell's Kitchen, the Upper West Side, and throughout Manhattan.
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