Announced

The Plaza Hotel

The Plaza is New York's most storied grand hotel, an 18-story chateau-style landmark by Henry Janeway Hardenbergh that rises over Grand Army Plaza at the corner of Fifth Avenue and Central Park South.

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Details

768 Fifth Avenue, Manhattan. 18 floors, 181 residences and 282 hotel keys. Targeting 2031.

The story so far

Owned by Qatar's Katara Hospitality and operated by Fairmont Hotels & Resorts, the building holds 282 hotel rooms alongside 181 private condominium residences, plus the Palm Court and its famous ballrooms and event spaces. Fairmont has announced that the hotel, the Palm Court and the event rooms will close for an extended period so the white-brick and terracotta facade, its mansard roofs, copper-trimmed gables and corner turrets can be repaired and restored to meet landmark preservation requirements. The work is an exterior restoration of an existing building rather than a tear-down, and it is the most significant intervention at The Plaza since the 2005 to 2008 overhaul that converted much of the original hotel into private residences.

Expected opening 2031 est.
Expected groundbreaking Jan 2027 est.
Announced Oct 2026 est.
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 30, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open

The outlook for The Plaza Hotel

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Companies and contacts

Every firm on The Plaza Hotel, the office nearest it, and the people who work on it.

Common questions

Frequently asked

Where is The Plaza Hotel located?

The Plaza Hotel is located in New York City.

When will The Plaza Hotel be built?

The Plaza Hotel is an announced development that has not yet started construction, targeting completion in 2031 (a TMW estimate).

Who is developing The Plaza Hotel?

Katara Hospitality is the developer behind The Plaza Hotel.

How big is The Plaza Hotel?

The Plaza Hotel rises 18 stories with 181 residences and 282 hotel keys.