Obscure religious group’s moving van is evidence the Waldorf condo conversion is still happening

Olde Good Things offers items for sale online

New York /
Feb.February 28, 2018 09:35 AM

The Waldorf Astoria hotel

Anbang Insurance Group may still own the Waldorf Astoria (for now), but the hotel’s furniture and cutlery belong to the lord.

Olde Good Things, a company controlled by the Pennsylvania-based Church of Bible Understanding, has been carting off fixtures from the hotel in trucks, Bloomberg reported. It’s unlikely evidence that the conversion of the hotel to luxury condominiums is moving along as scheduled.

Some items, such as steak knives and crystal light fixtures, are already for sale on the company’s website. Olde Good Things previously sold items from the Plaza Hotel and the old New York Times headquarters, among other properties.

The church was founded by a former vacuum cleaner repair man who claims to be the reincarnation of the prophet Elijah. It inspired a 1996 Seinfeld episode about a cleaning company operated by a religious cult.

The Waldorf Astoria is in the middle of a condo conversion, but uncertainties abound. Last week the Chinese government seized control of the property’s owner, Anbang, supposedly to prevent the troubled insurer from collapsing. Hilton Hotels, which operates the hotel, and AECOM Tishman issued statements that construction is still ongoing. [Bloomberg]Konrad Putzier


Related Articles

arrow_forward_ios
The Observation Deck at Hudson Yards (Credit: Adam Pogoff)
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
Views from 1,100 feet: A tour of Related’s “the edge,” the tallest outdoor observation deck in the Western Hemisphere
These are the tallest towers underway in NYC
These are the tallest towers underway
in NYC
These are the tallest towers underway
in NYC
A new competition asks what would houses on Mars look like (Credit: Getty Images, Pixabay)
Architecture’s final frontier: Here’s what houses on Mars might look like
Architecture’s final frontier: Here’s what houses on Mars might look like
Mustang, Texas is now owned by billionaire Mark Cuban. (J Elmer Turner Realtors, Inc.)
Mark Cuban buys a Mustang (well, a town called Mustang) in Texas
Mark Cuban buys a Mustang (well, a town called Mustang) in Texas
Rendering of Inspire Entertainment Resort (Mohegan Gaming & Entertainment)
Mohegan Gaming completes financing for first phase of South Korea project
Mohegan Gaming completes financing for first phase of South Korea project
Taconic, Nuveen pay $70M for UES office building
Taconic, Nuveen pay $70M for UES office building
Taconic, Nuveen pay $70M for UES office building
Almost half of NYC buildings received either a D or F grade (Getty)
48% of NYC buildings fail on energy efficiency
48% of NYC buildings fail on energy efficiency
Durst Organization Chairman Douglas Durst and Port Authority Chairman Kevin O’Toole (Getty, O'Toole Scrivo)
1 WTC set for $700M refinancing
1 WTC set for $700M refinancing
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...