In a rarity for the New York City hospitality business, the chief executive of the Plaza Hotel will cross Manhattan and take the reins at rival Waldorf Astoria.

Landmark restorations are challenging. Yet, the Plaza Hotel, also a landmark, reopened only three years after it was purchased by Israeli-based Elad Properties in 2005 and partly converted to condos.

The Waldorf Astoria hotel in New York, purchased by the Anbang Insurance Group in 2015, closed Wednesday for two to three years for renovation. This photo shows taxis lined up in front of the ...

The Plaza Hotel was one of the first of its kind to be pet friendly. After being turned away at the Waldorf Astoria, Princess Elisabeth Vilma Lwoff-Parlaghyof Russia brought her cats, dogs, guinea ...