Who Owns The Plaza Hotel In New York City Now

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Who's the Lucky Duck Who Owns the Plaza Hotel?

So, you've got a hankering to know who the uber-rich individual is that calls the iconic Plaza Hotel their own? Well, buckle up, buttercup, because we're about to dive into the glamorous world of high-end real estate.

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A Brief History of Grandeur Before we spill the beans on the current owner, let's take a quick trip down memory lane. The Plaza Hotel, a Gilded Age masterpiece, has been a symbol of luxury and opulence since its opening in 1907. Over the years, it's played host to countless celebrities, dignitaries, and socialites.

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TitleWho Owns The Plaza Hotel In New York City Now
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The Saudi Connection As of 2018, the Plaza Hotel is primarily owned by the Public Investment Fund (PIF), a sovereign wealth fund of the Kingdom of Saudi Arabia. This means that a significant portion of the hotel is under Saudi Arabian ownership.

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A Bit of Controversy The Saudi Arabian ownership of the Plaza Hotel has raised some eyebrows and sparked discussions about foreign investment in American real estate. However, it's important to remember that the PIF is a major global investor, and their involvement in the hotel industry isn't unique.

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So, Who's Really in Charge? While the PIF is the major shareholder, the day-to-day operations of the Plaza Hotel are managed by El Ad Group, an Israeli-American real estate company. They're the ones who ensure that the hotel maintains its luxurious standards and continues to be a top destination for travelers from around the world.

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  1. How to book a room at the Plaza Hotel? You can book a room directly through the hotel's website or through a reputable travel agency.

  2. How to dine at the Palm Court in the Plaza Hotel? Make a reservation through the hotel's website or by calling the restaurant directly.

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  4. How to experience afternoon tea at the Plaza Hotel? Make a reservation through the hotel's website or by calling the Palm Court.

  5. How to attend a special event at the Plaza Hotel? Check the hotel's event calendar or contact their event planning department for details.

  6. How to get to the Plaza Hotel? The Plaza Hotel is conveniently located in Midtown Manhattan, New York City. You can get there by taxi, car service, subway, or foot.

So, there you have it! A glimpse into the glamorous world of the Plaza Hotel. Remember, while the Saudi Arabian connection might be intriguing, it's the dedicated staff and management who truly make this iconic hotel shine.

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Quick References
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nycbar.orghttps://www.nycbar.org
nyc.govhttps://www.nyc.gov
metmuseum.orghttps://www.metmuseum.org
nyc.govhttps://www.nyc.gov/buildings
nypd.govhttps://www.nypd.gov

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