The Real Deal New York

From the archives: Rosen and Schrager, post-split

The longtime duo quickly jump into other projects and pairings after ending their real estate power partnership

October 03, 2015 01:00PM
By Adam Piore

From left: Aby Rosen and Ian Schrager

From left: Aby Rosen and Ian Schrager

Now that their split is official, financier Aby Rosen and hotel impresario Ian Schrager are wasting little time moving on.

Rosen acknowledged publicly for the first time last month that he had reached a deal to buy his ex-partner out of the Gramercy Park Hotel, the troubled boutique project the pair sank $200 million into renovating during the frothy pre-crash days. Then he issued a news release touting the new additions he has planned on his own for the 185-room high-end hotel, including a redesigned culinary operation headed by famed restaurateur and Shake Shack founder Danny Meyer. Read the full story from the January 2011 issue here.