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End Near for Dowdy Gray Lady in Times Square
The Hotel Astor in Times Square will be torn down at year’s start to make way for a 40 story office building. Opened in 1904 on Astor land bought for 34000, the hotel later sold for 10.5 million. Executives say jet travel and shifts in business have reduced long stays and demand, marking a trend of hotel closures. Generals and dignitaries once stayed there, including Pershing and Hughes, while Tokyo and colonial ties shaped its era.
MENTIONED IN THIS ARTICLE
Kathie Dibell
New York
Times Square
Hotel Astor
Broadway
William B. Astor
Win O. Schel
Boston
Europe
Charles Evans Hughes
California
Woodrow Wilson
John J. Pershing
The
Astor
United States
Chiang Kai-chek
China