Architecture & Real Estate | August 22, 2017 2:33 pm

New York City’s Plaza Hotel Being Put on the Market

The Indian owner has hired a broker to sell landmark building.

NYC's Famed Plaza Hotel Hitting Market
The Plaza Hotel in New York City. (Peter Kramer/Getty Images)

One of Midtown Manhattan’s most legendary haunts is hitting the market.

According to the Wall Street Journal, the Plaza Hotel—which opened its doors in 1907 and was once owned by President Trump—will be put on the market soon. Its owners, an Indian conglomerate, have hired a broker to find the landmark hotel a buyer.

The Journal estimates the Plaza to be valued at $500 million.

This would not be the first time the Plaza changed hands; over its 110-year history, it has been owned by some hospitality and real estate moguls, including Conrad Hilton, Westin Hotels (under a previous name), and Trump, who purchased it for $390 million in 1988.

It also has a place in pop culture, featuring into F. Scott Fitzgerald’s The Great Gatsby; making cameos in films like North by Northwest, Scent of a Woman, and Almost Famous; hosting performances by Liza Minnelli, Marlene Dietrich, and Shirley Bassey (who sang a trio of James Bond themes); and was even where Trump married former wife Marla Maples in 1993.