The original Waldorf Astoria hotel was the product of a family feud. Waldorf manager Lucius Boomer purchased the Waldorf Astoria name for $1 and moved the hotel uptown, where it opened at its current address in 1931. The Waldorf Astoria was once the largest and tallest hotel in the world, a must-stay for wealthy New Yorkers and foreign dignitaries. William Waldorf Astor opened the Waldorf Hotel in 1893 on the corner of 33rd Street and Fifth Avenue. The historic hotel allowed guests to return items stolen from the Waldorf Astoria over the years without any penalty.

Source: Huffington Post June 27, 2016 20:20 UTC