<p>In a February 2026 TheStreet.com piece entitled <a href="https://www.thestreet.com/economy/waldorf-astoria-new-york-goes-up-for-sale">"The Greatest of Them All: Waldorf Astoria New York Goes Up for Sale"</a> <a href="https://www.sps.nyu.edu/about/academic-divisions-and-departments/jonathan-m-tisch-center-of-hospitality.html">Tisch Center</a> Clinical Assistant Professor RIchie Karaburun discusses the sale of iconic "trophy" properties and what they mean for the hospitality industry from a global capital perspective.</p>
<p><a href="https://www.thestreet.com/economy/waldorf-astoria-new-york-goes-up-for-sale"><b>READ FULL ARTICLE</b></a></p>
Trophy hotels today function as global investment assets as much as hospitality businesses. It is all about the bottom line at the end of the day.”
Richie Karaburun
Clinical Associate Professor
Jonathan M. Tisch Center of Hospitality
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