New York City's famed Plaza Hotel is once again looking for a buyer — here's why it's so legendary

The Plaza Hotel was the dream of financier Bernhard Beinecke, hotelier Fred Sterry, and Harry S. Black. The three purchased a 15-year-old hotel of the same name on the site — the original Plaza that ran from 1890 to around 1905 — and replaced it with the hotel we know today.

It officially opened its doors to the public October 1, 1907, and quickly caught attention thanks to its location at Fifth Avenue and Central Park South, one of New York's most fashionable residential areas at the time.

Construction of the 19-story hotel took two years and cost $12 million, an unprecedented sum in those days.

No cost was spared in making it a place of sheer luxury. The largest single order in history for gold-encrusted china was placed with L. Straus and Sons for The Plaza, and around 1,650 crystal chandeliers were purchased for use throughout the hotel.

Soon, the hotel became a prime destination for authors, television stars, and world leaders. In 1950, Frank Lloyd Wright moved in to The Plaza, where he would live for the next six years. Pictured here are his suite's remaining artifacts, which would later be put up for auction.

F. Scott Fitzgerald and his wife Zelda occasionally used the hotel as their home and social playground. Fitzgerald's love of the hotel was so well-known it is said that Ernest Hemingway once advised him to "give his liver to Princeton and his heart to the Plaza." Pictured here is the Fitzgerald Suite, constructed in 2013 and available at $2,295 per night.

The suite was unveiled after the release of "The Great Gatsby" film and was designed in a dramatic Art Deco style by costume-designer and co-producer Catherine Martin. It features a cozy writer's nook, wall coverings from Martin's home, and a front door that mimics the film's logo.

Another author known for her close ties to The Plaza was Kay Thompson, who lived there and wrote the famous "Eloise" book series.

To pay tribute, the hotel had Betsey Johnson design the Eloise Suite, which features chandeliers adorned with pink bulbs, a charming tea room, and a reading room where the "Eloise" books can be enjoyed.

Photos of the book's illustrations line the room's corridors in playful shades of pink.

Though it had previously made appearances in movies, the hotel's film debut was in Alfred Hitchcock’s 1959 classic "North by Northwest." According to the hotel’s history archives, this was the first time a crew, director, and cast assembled on-site at The Plaza to make a movie instead of filming it at a Hollywood soundstage off-site.

The Palm Court, which serves breakfast, tea, bar bites, and evening cocktails, served as the setting for many popular novels and films, most notably Fitzgerald's "The Great Gatsby."

The Plaza also caught the attention of some of music's most famous groups. The Beatles arrived to the hotel in 1964, during their first tour in America.

Mobs of Beatles fans crowded the hotel's corridors in the hope of getting a peek at them.

Its stunning Grand Ballroom soon set the scene for some of entertainment's most famous events and wildest parties.

It was where Truman Capote hosted his legendary Black and White Ball in 1966. All guests were required to wear masks, as he felt this would let them do what they liked. At midnight, the disguises would be removed and the party would continue on.

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It was also the site of many a celebrity wedding, including that between Donald Trump and former wife Marla Maples in 1993.

The Grand Ballroom has hosted everything from the Tony Awards after-party to pre-Grammy events, like this party in 1998.

The hotel also featured what was once known as the Persian Room, a legendary nightclub that played host to guests like Bob Hope and Liza Minnelli. Today it has been transformed into The Rose Club, which features plush velvet seating, live music, cocktails, and an epicurean menu.

The Champagne Bar overlooks Fifth Avenue and the Pulitzer Fountain and is reminiscent of the hotel's Champagne Porch, which stood in the same location and was once the most exclusive of The Plaza’s dining venues. Legendary figures who have eaten there include the Prince of Wales and Diamond Jim Brady.

Today, the hotel continues to impress with its grandeur. There are a variety of suites for guests to choose from, including the Royal Suite, which offers 4,490 square feet of space and starts at $25,000 per night. Highlights include a grand piano, formal dining room, private elevator access, and a library stocked with hand-selected books by publisher Prosper Assouline.

The hotel also added a set of Legacy Suites. One of them is the Hardenbergh Terrace Suite, which features 2,100 square feet of space, extraordinary views of Central Park, and a private terrace for guests to enjoy at a starting rate of $15,000 per night.

The Plaza is also the only hotel in the world to offer 24-karat gold-plated sinks and fixtures by Sherle Wagner.

Thanks to its rich history and unparalleled design, The Plaza was designated a New York City landmark in 1969. It's the only hotel in New York City to be designed a National Historic Landmark.