Waldorf Astoria

Hammered by mounting debt, Raoul Thomas’ hotel investments are crumbling. But he’s not giving up

He faces another foreclosure in South Beach after losing the former Trump International Hotel in DC and another trophy in Miami

Washington D.C.

Former Trump D.C. hotel’s leasing rights lost to foreclosure

CGI Merchant Group defaults on $285M loan after two years

PMG, partners score record $668M construction loan for Waldorf Astoria supertall

Bank OZK, Related Fund Management provided financing for branded condo and hotel tower

Related, Merrimac plan Waldorf Astoria condos in Pompano Beach

28-story, 92-unit building would rise near a Ritz-Carlton-branded tower

Waldorf Astoria condo conversion could be “lucky” for 2025 opening

Hilton projects 2024 completion for beleaguered development

How one of Chicago’s top agents is selling her own Gold Coast condo

Susan Miner is listing her condo at the Waldorf for $5.3 million

After Ken Griffin’s haircut, price plummets for $15M Waldorf listing

A 34th-floor $15M listing price chopped 28% after six months on the market

Waldorf Astoria condo sells for $5.3M after price cuts

The condo has been on and off the market since 2019

Luxe let-down: Saldanas get 37% below ask on Waldorf condo

Full-floor unit on the 55th floor hit market last year at $15M

Ken Griffin with 11 E Walton Street (Getty, Zillow)

Ken Griffin gets haircut on Waldorf Astoria condo

37th-floor unit sold fast at 11% under asking

11 E Walton Street apartment 5800, 4002 and 3101 (Zillow, iStock)

Three condos listed at Waldorf Astoria in Gold Coast

Asking prices are $5.5M, $4.6M and $9.6M

Cain International's Jonathan Goldstein and Alagem Capital Group's Beny Alagem with a renderings of One Beverly Hills (DBOX for Alagem Capital, Getty)

Alagem’s Beverly Hills One adds Aman

Ultra-luxe hotel to complement resi development next to Beverly Hilton

11 E Walton Street, apt 5500 in Chicago (Redfin)

Waldorf Astoria penthouse asking $15M comes back on the market

The 6,400-square-foot condo was listed last year, then removed from the market

Former Daija US CEO Andrew Miller in front of 301 Park Avenue (LinkedIn/Andrew Miller, iStock)

Top exec’s exit latest blow to Waldorf Astoria’s lagging condo conversion

Costs to balloon past $2B as project drags years behind schedule

Israeli firm sells downtown Miami garage redevelopment site for $25M

Israeli firm sells downtown Miami garage redevelopment site for $25M

SageBlan Investments affiliate bought the seven-story structure, whose site was approved in 2019 for a mixed-use redevelopment project

Planned Waldorf Astoria Miami wins design approval

Planned Waldorf Astoria Miami wins design approval

Tower is planned to have 361 condos and 205 hotel rooms

Waldorf Astoria Miami, planned as the tallest resi tower south of Manhattan, launches sales

Condos at the 100-story skyscraper start at $1M

Photo illustration of the statue at the entrance of the Waldorf Astoria

The Waldorf Astoria’s big gamble

A $3 billion project launches sales as a global pandemic slams an already weak market. What could go wrong?

Second Take: The Waldorf’s pandemic woes

Second Take: The Waldorf’s pandemic woes

The fate of NYC's hottest new ultra-luxury project is unclear

Douglas Elliman Development Marketing closed all its on-site sales offices and galleries until the end of March for health and safety concerns (Credit: iStock; Douglas Elliman)

Elliman shutters on-site sales offices nationwide, citing coronavirus concerns

One of its rivals in new dev sales, Corcoran Sunshine, made a similar move and is only conducting virtual tours