Lotte_New_York_Palace_Hotel

Lotte New York Palace Hotel is a luxury hotel in the Midtown Manhattan neighborhood of New York City, at the corner of 50th Street and Madison Avenue. It was originally developed between 1977 and 1980 by Harry Helmsley. The hotel consists of a portion of the Villard Houses, built in the 1880s by McKim, Mead & White, which are New York City designated landmarks and listed on the National Register of Historic Places. It also includes a 51-story skyscraper designed by Emery Roth & Sons and completed in 1980.
The Villard Houses, arranged in a U-shaped plan, consist of three wings surrounding a central courtyard on the east side of Madison Avenue. The houses' center wing serves as a lobby, while the south wing serves as an event space. Behind the Villard Houses to the east is the modern skyscraper addition. As of 2021, the hotel has 909 rooms and suites. The top floors of the skyscraper are known as the Towers, which consist of 176 luxury units. Among the units in the Towers are four ornate triplex suites, each with their own decorations, as well as four other specialty suites.
The Helmsley Palace Hotel opened in 1981 and was operated by Helmsley until 1992. As part of a bankruptcy proceeding, it was sold in 1993 to the Sultan of Brunei, who completely renovated the hotel and Villard Houses. The government of Brunei took over the hotel from the royal family in the late 2000s. Northwood Investors, an American real estate investment firm, bought the hotel from the government of Brunei in 2011 and renovated it. The hotel was sold again in 2015 to Korean luxury hotel operator Lotte Hotels & Resorts, which renamed it the Lotte New York Palace Hotel.