Times Square 1906 – The New Hotel Astor, Olympia Theatre & Surroundings
The view is titled, “New Astor Hotel and 20 story Times Building.” We are looking south from 46th Street towards the New York Times Tower. The flatiron-style building opened in 1905. The building was mutilated in 1965 when purchased by Allied Chemical. Today it is unrecognizable after it was altered again in the twenty first century to become a giant garish billboard.
On the right is the 500 room Hotel Astor comprising 14 city lots from 44th to 45th Street where Broadway and Seventh Avenue intersect. The 10-story Hotel Astor cost owner William Waldorf Astor over $7 million to build and furnish. The land was purchased decades earlier as farmland by his great-grandfather John Jacob Astor for $100 an acre. The Grand Ballroom was a baroque masterpiece.
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