Taxis pull up in front of the renowned Waldorf Astoria hotel in New York on Tuesday, Feb. 28, 2017. The hotel, purchased by the Anbang Insurance Group, a Chinese company, is closing Wednesday for two to three years for renovation. Exact details of the renovation haven't been released, but its conversion into a hybrid of private residences and a smaller hotel follows a model set by another landmark New York City hotel, The Plaza. (AP Photo/Kathy Willens)
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