Avenue Plaza Hotel New York

New York’s historic Plaza Hotel has hosted everyone from Russian royalty to The Beatles and F Scott Fitzgerald – and it’s now on the market.

Owners Sahara Group have put the Fifth Avenue hotel – one of the Big Apple’s landmark buildings – up for sale with broker JLL Hotels and Hospitality Group, with the Wall Street Journal suggesting its final price tag could reach more than $500m.

Plaza Hotel New York
Via Plaza Hotel

The building, which was designed by Henry Janeway Hardenbergh and Thomas Hastings, opened in 1907, and at 19-storeys high was tall enough to be called a skyscraper at the time. Its lavish French chateau-style interiors included no less than 1,650 crystal chandeliers, although its earliest guests paid just $2.50 a night for a room.

Plaza Hotel
Via Plaza Hotel

Since then the Plaza has appeared in dozens of films, and hosted everything from women’s protests and balls thrown by writer Truman Capote, to a menagerie of animals owned by Russian royalty, including alligators, a bear cub, and a lion.

Miles Davis recorded an album in the hotel, and it was frequented by F Scott Fitzgerald in the 1920s, who based scenes from The Great Gatsby on its rooms. It turned over a whole wing to The Beatles in 1964, who stayed at the hotel on their first visit to the United States.

Plaza Hotel New York
Via Plaza Hotel

In 2005 the building underwent a $450m refurbishment and reopened just in time to celebrate its 100th birthday.

Forbes speculates that interested buyers include a co-founder of The Fugees, a Shanghai investment fund, and a Qatari sovereign-wealth fund.

[Via WSJ & Forbes]

Read next: Chicago’s Hotel EMC2 has science-themed interiors by Rockwell Group

Emma is an editor and writer who contributes to Dezeen, Grafik and Creative Review

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