 The futuristic sculptures on the building's facade are by Rene Chambellan.In 1988, The Majestic was designated a New York City Landmark by the New York City Landmarks Preservation Commission.The building was originally planned to be a 45-story hotel, but the plans were changed midway through construction due to the Great Depression and the passing of the Multiple Dwelling Act, which restricted a building's height immediately above the street, but allowed tall towers if the property was sufficiently large.