Instant Alert: 25 photos that show why New York City's Plaza Hotel is so legendary

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   25 photos that show why New York City's Plaza Hotel is so legendary by Talia Avakian on Oct 27, 2015, 11:05 AM New York City's Plaza Hotel has been one of the world's most iconic accommodations since its opening in 1907. Situated at the corner of Fifth Avenue and Central Park South, its prime location is only one factor contributing to the hotel's rise as a premiere destination for celebrities, writers, and leaders. Some of history's wildest parties and most memorable events have taken place inside, and today it remains as opulent as ever. We've put together a collection of photos that showcase how the hotel became so legendary, as well as what guests can expect to find at the breathtaking space today. SEE ALSO: Take a tour of America's new most expensive hotel suite DON'T FORGET: Follow Business Insider's lifestyle page on Facebook! The Plaza Hotel was the dream of financier Bernhard Reinecke, hotelier Fred Sterry, and Harry S. Black. The three purchased a 15-year-old hotel of the same name on the site (the original Plaza hotel that ran from 1890 to around 1905) and replaced it with the hotel we know today. It officially opened its doors to the public on October 1, 1907 and quickly caught attention thanks to its location at Fifth Avenue and Central Park South, which was one of New York's most fashionable residential areas at the time. Construction of the 19-story hotel took two years and cost $12 million, which was an unprecedented sum in those days. See the rest of the story at Business Insider   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011