"French hotelier Olivier Bertrand and his sisters—the same family behind Relais Christine, Saint James Paris, and Chateau des Fleurs—have taken over the former Hotel Balzac and are overseeing the building’s complete transformation. Upon opening, it will have warm, muted decor inspired by the 1930s, as well as world-class amenities like a Japanese spa and Pierre Gagnaire’s three-Michelin-starred restaurant." - Elise Taylor