Sherry-Netherland Hotel on 5th Ave
781 Fifth Avenue
New York, NY
Walking up the Fifth Avenue, this little tower is the most visible. This parcel of land was occupied by Hotel New Netherland, which was designed by William H. Hume (??-??) for William Waldorf Astor (1848-1919). That building was demolished in 1926, replaced by this one.
Recently, Sherry-Netherland Hotel has been in the news because of … Guo Wengui, who purchased the top for $67.5m in 2015, and was trying to sell it at discount in 2020 ⇓
2020.3.10 by Mary Diduch: Chinese fugitive willing to take $12M loss at Sherry-Netherland
Chinese billionaire bought the pricey pad in 2015 for $67.5M
Chinese real estate billionaire Guo Wengui has relisted his massive pad at the Sherry-Netherland hotel. And if he gets what he