Plaza restoration dominates the headlines as the Plaza Hotel on Fifth Avenue closes for four years for a major facade overhaul, while the Economic Development Corporation oversees the city’s incentives and development strategy to sustain growth through the project.
The Plaza Hotel will shut its façade for a restoration beginning in January, with work expected to last four years. The project, announced by Fairmont Hotels & Resorts, will affect residents and visitors while preserving historic details of the landmark building.