The bad news is that, yes, the Waldorf-Astoria, which opened during the Depression in 1931, will close next year for a three-year conversion of three-quarters of its rooms into luxury condos--just what NYC needs!--thanks to its owner, Chinese holding company Anbang Insurance Group Co., which purchased the hotel from Hilton's parent group in 2015 for a record $1.95 billion. The rest of the rooms will be upgraded to luxury suites.
Once you sit down in the cool long room of Rowland's Bar & Grill, it's easy enough to forget you're on the One Below level of Macy's flagship store at Herald Square--which, I'm told, is the most visited tourist spot in NYC after the Empire State Building (on 34th Street) and the Statue of Liberty.