"We didn’t make the product — the product made us," Ian Schrager told The Observer about becoming a famous hotelier.
What does the godfather of boutique hotels think of the latest wave of aspiring celebrity hoteliers, Robert De Niro, Giorgio Armani and Jay-Z?
"I think when people hear Jay-Z’s name, they have a Read More
Ettore Sottsass, the celebrated Italian designer, died at his home in Milan today. He was 90 years old.
Mr. Sottsass is primarily credited with founding the Memphis Group—an influential collective of Italian-based designers, who were primarily concerned with furniture and product—in 1980. Before disbanding in 1988, the work of Memphis scholars was Read More
Eccentric designer Philippe Starck apparently doesn’t think much of the Royalton Hotel’s new look.
“I think if you are lucky enough to own an icon, you shouldn’t kill the icon," Mr. Starck said of the hotel lobby’s recent redesign, during an interview with the New York Times.
Mr. Starck, of course, created Read More
Gawker mentioned yesterday that sales at Ian Schrager’s new condo at 40 Bond Street have looked rather slow. Curbed today notes that flippers of one unit have slashed its sales price. And the Wall Street Journal, also today, notes that Ricky Martin has bought in the building.
So, what’s going on, Read More
A year and a half after sales started, almost half the residences at 40 Bond Street have been sold.
Eleven units have closed at Ian Schrager and Aby Rosen’s highly anticipated condominium project, according to city records. The seller on these deals has been listed as 40 Bond Street Partners, LLC, and the Read More
New Yorkers have long had a soft spot for The Waldorf-Astoria. Glamorous and storied, the hotel has loomed as a pinnacle of luxury in a town teeming with such.
But is it possible that the hotel where Al Pacino “Hoo Ha’ed!” in Scent of a Woman and where King Jaffe Joffer (played by Read More
Last week, Ian Schrager finally opened a restaurant, Wakiya, in his fortress-like Gramercy Park Hotel. It surprised no one that reservations were a bitch; in fact, on Tuesday, opening day, a reservationist seemed mildly annoyed that we’d even bothered to try. The door policies at Mr. Schrager’s hotel more closely approximate those of Studio 54 Read More
The Clocktower at 1 Madison Avenue officially belongs to Lev Leviev.
The building went to contract for $200 million in May to Leviev's Africa Israel, which purchased it from SL Green, Aby Rosen's RFR Holding and Ian Schrager.
Now, thanks to public records, we see that the turnaround on the deal was lightning fast. Read More
Bond Street may soon be renamed “Condo Row.”
Self-storage king Adam Gordon recently told The Observer he plans to break ground on a nine-story condominium at 41-43 Bond Street later this year. Mr. Gordon’s Adam Gordon Holdings closed on the buildings located at that address earlier this week for $7.7 million, according to city Read More
