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I am obsessed with this coffee table.

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Fairmont Peace HotelThere’s  no better place to stay in the city than this icon of the Bund. Opened  by playboy hotelier Sir Victor Sassoon in 1929 as the Cathay Hotel, it  was renamed the Peace Hotel by the Communists and saw much of its louche  allure trickle away. A three-year renovation by design firm Hirsch  Bedner Associates has led to a striking rebirth. Rooms have been  modernized and enlarged, while Sassoon’s former penthouse apartment has  become a wood-paneled four-room suite with breathtaking views across the  water. The reception area’s giant dome, featuring Lalique glass and  gilt-and-ebony dogs (a tribute to Sassoon’s prized whippets), has been  meticulously touched up as well. Rates from $265/night; fairmont.com/peacehotel

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Waldorf Astoria ShanghaiThis new five-star at  the southern end of the Bund is actually two hotels in one. The first,  in a waterfront building that was once a colonial-era gentlemen’s club,  is a boutique lodging equipped with a birdcage elevator. The second,  connected by a long marble corridor, is a sleek new 252-room tower with  impressive views from the upper floors. Both make for a sumptuous stay,  though it’s a shame the revived Long Bar provides only a wood replica of  its legendary (and now lost) 110-foot slab of mahogany. Look down in  the lobby, however, for a dose of authenticity: The slightly cracked  marble floor has been the same for decades. Rates from $450/night (tower), $915/night (club)

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Abstract ’70s silk-screens hang above the sofa by Peter Carlson from Billy Baldwin Studio, where Wallis, a pug, naps; the den’s walls are painted in Tanner’s Brown by Farrow & Ball.

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Antique French chairs from Michael Trapp flank a wood- and-zinc table from R.T. Facts.