Six years ago last week the new $40,000,000 Waldorf-Astoria, a pile of smooth towers rising 47 stories from Manhattan's Park Avenue, opened its urbane revolving doors just in time to let in the cold whiffs of Depression. Three years later the hotel owed $3,385,000 in back rent to the New York Realty & Terminal Co. and tall, plump President Lucius Boomer had to handle a strike of restaurant workers (TIME, Feb. 5, 1934). Last week two celebrations at the Waldorf gave evidence that after three more years its staff and management were at...
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