- Manhattan's famous five-star hotel, Waldorf Astoria New York, is selling condominiums for the first time.
- The first units are expected to be completed in 2022 .
- Prices of the units range from around $1.7 million to $18.5 million .
- Visit Business Insider's homepage for more stories .
The Towers of the Waldorf Astoria
Condominiums are for sale in Manhattan's famous five-star hotel, Waldorf Astoria New York .
The hotel, named for the legendary Astor family and their hometown of Walldorf, Germany, is currently closed and undergoing renovations . When it reopens, it will be selling residences for the first time since it opened in 1931 . Part of the renovation process includes converting 375 rooms into luxury condominiums, which are called The Towers of the Waldorf Astoria .
The prices of the condominiums range from around $1.7 million to $18.5 million apiece, and their residents will have exclusive access to over 50,000 square feet of amenities.
The renovation project began in 2014 and the first condos are expected to be completed in 2022 . Keep reading for a look at the first condo renderings.
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