Since 2015, the tower section has been a 273-room luxury hotel called the New York Edition Hotel, with per-night hotel room rates starting at $600. Most of the historic detail in the interior was removed in the individual hotel rooms, but there are some remaining vestiges, such as the original scalloped ceilings. On the second floor is an upscale restaurant called The Clocktower, a Michelin-starred eatery headed by British chef Jason Atherton. The restaurant has a dining area, a separate bar, and a room with a billiards table, and is only accessible through the building's lobby.