Hotels only · No pay-to-rank · Advice first; verified when attested
Public tape · 244 of 282 · 2014
Hilton sold the 1,413-key Waldorf Astoria New York to Anbang Insurance Group for $1.95 billion. Later conversion reduced hotel keys. PPK uses the 2014 room count. This is a trophy going-concern sale, not a rooms-only select-service comp.
$1.95B
Cited consideration · 1413 keys · $1.4M / key
The New York Times / Hilton announcement, Oct 2014
News or press — not a filing. Harbor will not invent a confidential consideration.
Deal FrameLiving packetLabeled estimateCompare this tape2014 cited corpus
Source
The New York Times / Hilton announcement, Oct 2014
https://www.nytimes.com/2014/10/07/nyregion/waldorf-astoria-sold-to-chinese-company.htmlDesks on the graph
Attached when a press release or public pattern names the firm. Not an unpublished book.
Estimate ↔ tape
Cited consideration on the left. Harbor’s labeled defaults on the right. A gap is a question, not a bid. Portfolio tapes and seller paper stay footnoted. Not an appraisal.
$1,380,042 / key · 1413 keys
$1,745,959 / key · Harbor defaults
New York · worksheet vs tape PPK
The New York Times / Hilton announcement, Oct 2014
News or press — not a filing. Harbor will not invent a confidential consideration.
The house
Worksheet, not an appraisal. Shock cap ±50 bps and ADR ±10% before you treat any number as a bid.
New York · Luxury
375 keys · New York · Waldorf Astoria
Sold in 2014 as a 1,413-key house. Later conversion reduced hotel keys; Harbor’s live room count is the post-conversion hotel, not the 2014 tape. See the 2014 transaction for the historic key count.
Same house or same market · 6
Same hotel first, then the same market and segment. Structure footnotes stay on the tape. This is not a paid comps service.
1 Hotel Central Park · 234 keys · Luxury
Consideration
$265.0M
$1.1M / key
Host 2024 10-K: $265 million for the 234-room 1 Hotel Central Park. Cash. Not a later recap.
Host Hotels & Resorts Form 10-K for the year ended Dec 31, 2024
On July 31, 2024 Host acquired the fee-simple 234-room 1 Hotel Central Park for $265 million. Filing-grade. Lifestyle luxury on Central Park South — not a limited-service Midtown PPK. Desk hotel inventory is 230 keys; this tape uses Host’s 234.
1 Hotel Central Park · 230 keys · Luxury
Consideration
Not disclosed
Pre-2024 commentary only. Host’s July 31, 2024 10-K tape is the filing-grade price — see 1-hotel-central-park-2024. This node stays blank on purpose.
The Times Square EDITION · 452 keys · Luxury
Consideration
Not disclosed
Marriott / EDITION public opening materials
Opening is public. Real-estate owner and brand are different files. No rooms-only sale price here.
The St. Regis New York · 238 keys · Luxury
Consideration
Not disclosed
Marriott public brand page / trade coverage of building ownership
St. Regis is a Marriott brand. The land and building have been separately owned. Harbor will not invent a building sale price from brand news.
The Pierre · 189 keys · Luxury
Consideration
Not disclosed
Taj / IHCL has long been associated with The Pierre. Harbor does not publish a disputed historic number as a current fact.
The Plaza Hotel · 808 keys · Luxury
Consideration
$675.0M
$835k / key
El-Ad acquired The Plaza for $675 million. Subsequent condo conversion cut hotel keys. Use 808 rooms for this tape, not today’s hotel count. Historic file — do not apply 2004 PPK to a 2026 underwriting without a time adjustment.