The Waldorf-Astoria: hyphenated hotel and a family scandal

Most family scandals don’t result in hotel construction. However, the famed Waldorf-Astoria owes its existence to the Astor family quarrel. The Astor fortune was divided between two branches of the Astor family headed by the two grandsons of the dynasty founder – John Jacob Astor III and William Backhouse Astor, Jr. Each of them had…