Plaza Hotel to Close for Four-Year Facade Renovation
The historic New York City landmark is set to undergo extensive exterior repairs beginning in early 2027.
Updated on Oct. 15, 2026 in Hospitality
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The Plaza Hotel in New York City will begin a four-year closure in January 2027 to facilitate a comprehensive facade renovation. This project aims to address exterior safety and maintain the historic integrity of the 18-story building.
Why it matters
The renovation is essential to ensure guest safety and comply with strict preservation requirements for the iconic landmark. Ensuring these structural improvements will help maintain the building, which has stood at the southeast corner of Central Park since 1907.
The 18-story Plaza Hotel building houses 181 condos and currently employs 378 union members through the Hotel and Gaming Trades Council. The planned restoration is slated to last four years starting in early 2027.
The players
The Plaza Hotel
This historic hotel and condominium complex is located at the southeast corner of Central Park in New York City.
Hotel and Gaming Trades Council
This labor organization represents the 378 employees working at the hotel.
Donald Trump
He is the current President of the United States who previously owned the Plaza Hotel between 1988 and 1995.
The details
The massive project requires extensive planning to address the landmarked exterior of the building. Hotel staff have been granted the right to return to their jobs once the renovation is complete and the hotel reopens.
Timeline
The Plaza Hotel originally opened in 1907.
Donald Trump purchased the hotel in 1988.
Donald Trump sold the hotel in 1995.
The hotel is scheduled to begin its closure in January 2027.
Market Landscape
The upcoming closure represents the most significant structural intervention for the property since its 1907 opening. This renovation ensures the asset remains competitive within the luxury market while adhering to modern preservation standards.
Guests and visitors planning to stay at the property should note the upcoming four-year closure period starting in 2027. Staff members currently employed at the hotel are guaranteed the right to return to their positions after the renovation concludes.
The takeaway
Historic properties require long-term maintenance cycles to preserve their value and ensure safety standards are met. Owners and staff must coordinate closely to manage the logistics of multi-year capital improvement projects.
What happens next
The hotel is scheduled to begin its closure in January 2027.
Further reading
For more on the local hospitality industry, see New York City Hospitality.
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