The restoration of the Waldorf Astoria in Manhattan has been undergoing delays for more than eight years, a topic New York Post writer Steve Cuozzo has been following closely.

“It’s a sad situation. And you got to feel sorry for Hilton because they manage the property and they sold it — they used to own it — and they sold it in 2014 to a Chinese insurance company,” Cuozzo said during an appearance on “Mornings On 1” Friday.

The hotel, which began its renovation in 2017, was initially slated to reopen within three years, he said. However, Cuozzo pointed to missteps by the insurance company — which purchased the property for nearly $2 billion in 2015 — saying, “It’s not a real estate company.”

“They probably didn’t know what they were getting into,” he added. “It was made worse three years later, the Chinese government dissolved that company, which the Chinese government does over corruption, and I think they imprisoned the CEO. And they set up a new insurance company to own the Waldorf, who probably didn’t know what they were doing either.”

Cuozzo said there have been “visible signs of progress” as of late, but he questions whether too much time has passed for the Waldorf to be remembered as it once was.

“By the time it opens, it’s a question whether how many people are going to remember The Waldorf Astoria,” he said.

Cuozzo predicted the hotel could “maybe” reopen by spring 2025.