
The Waldorf Renovation: Over Budget, Past Deadlines, a Man Imprisoned
Ryan Knutson and Craig Karmin discuss the history, sale, and renovation of the Waldorf Astoria Hotel in New York City. Originally opened in 1931 and later owned by the Hilton Hotel Corporation, the aging hotel was sold in 2014 to Chinese businessman Wu Xiaohui for $1.95 billion. Wu planned an ambitious renovation to re...
