Anbang Insurance Group
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Veteran doorman Thales Cadet, who claims, "the world comes to me everyday," hails a cab in front of the Waldorf Astoria hotel, Tuesday, Feb. 28, 2017, in New York. Cadet has worked at the hotel for 12 years since coming from his former job at the Plaza Hotel. The hotel, purchased by the Anbang Insurance Group, a Chinese company, is closing Wednesday for two to three years for renovation. (AP Photo/Kathy Willens)

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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)