“Every president since Franklin D. Roosevelt has stayed in the presidential suite on the 35th floor of the Waldorf Astoria New York in Manhattan,” writes Yahoo News , but “That may all be about to change.”  

“President Barack Obama is on track to skip the Waldorf this fall when he heads to New York for the annual United Nations General Assembly… While the officials would not say so explicitly, they strongly indicated that the decision to reevaluate the historic relationship with the Waldorf was tied to the hotel’s sale to China’s Anbang Insurance Group, approved by U.S. regulators earlier this year.”

“While Hilton will continue to operate the property for 100 years, one U.S. official linked the American decision to relocate the president to worries about Chinese espionage and to the announcement of an upcoming “major renovation” at the hotel that could provide an opportunity to install surveillance gear.”