Instead, Obama would be staying at the luxurious New York Palace hotel, the White House confirmed yesterday.
Notably, Indian Prime Ministers over the past few years have stayed at the New York Palace hotel, including Prime Minister Narendra Modi when he visited the Big Apple last September.
Modi is scheduled to visit New York later this month to attend the annual session of the UN General Assembly.
"I can confirm the report that the President will stay - and the rest of the US delegation will stay at the New York Palace Hotel," the White House Press Secretary, Josh Earnest, told reporters at his daily news conference.
For the past several decades, it was a tradition for the US Presidents to stay at the Waldrof Astoria.
However, the White House was having second thoughts after the hotel owned by Hilton Worldwide Holdings was sold to a Chinese conglomerate last year.
The White House, however, did not give a reason for this.
"Obviously, there are a range of considerations that influence where the President will stay when he is not at the White House. Those considerations include everything from available space to cost and to security.
"And, while I don't have the details on the specific arrangement that's in place for the President's trip to New York in a couple of weeks, I can confirm that report that the President will stay and the rest of the US delegation will stay at the New York Palace Hotel," Earnest said.
