When the Going Gets Tough, Hoteliers Go Residential
Meet the latest real-estate victim of the post–Sept. 11 downturn: the proposed Ian Schrager hotel at 32-40 Bond Street in Noho. The $60 million project, funded by Bond Street Hotel L.L.C.-a partnership between Mr. Schrager’s company, Ian Schrager Hotels, and hotel power players Richard Born and Ira Drucker-has been scrapped in favor of a 14-story, Read More
