From Luxury Listings NYC: Midtown’s storied Knickerbocker building is being returned to its original use as a palatial playground for the extremely prosperous. Back in 1906, the illustrious John Jacob Astor IV spent an incredible $3.3 million to open the Knickerbocker Hotel at Broadway and 42nd Street. The hotel quickly became a favorite retreat for society figures and the idle rich, with its famous bar — said to be the birthplace of the martini — earning the nickname the “42nd Street Country Club.” [more]
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A look at the iconic Knickerbocker Hotel
The hotel has seen a $240 million renovation
![A rendering of what the hotel’s modern interior will look like](https://static.therealdeal.com/wp-content/uploads/2014/09/hotel-interior.jpg)
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