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The Oak Bar was established in its current location on the northwest corner of the Plaza Hotel in 1945 when the hotel was under the ownership of Conrad Hilton (or re-established â the area may have been part of the Men's Bar between 1912 and 1920).entral to the 2011 closing was a dispute between the owners of the Plaza Hotel (various investors led by the El-Ad Group) and Eli Gindi, owner of the Oak Room and lessee of the Plaza Hotel.
Continue reading the main story. Continue reading the main story. The Plaza Hotel âs Oak Room restaurant, long a symbol of grandeur that evoked Edith Whartonâs opulent turn-of-the-century New York, is scheduled to close after a vitriolic fight between its operators and the hotelâs owners.The reality is, worse things go on upstairs in the Plaza than whatever went on in the Oak Room,â Mr. Lynn said. A version of this article appears in print on May 6, 2011, on page A22 of the New York edition with the headline: Oak Room Is Set to Close After Rent Fight With Plaza Hotel.