The Real Deal New York

Posts Tagged ‘ian schrager’

  • From left: Jason Kalisman and the Hudson Hotel

    From left: Morgans Hotel Group CEO Jason Kalisman and the Hudson Hotel

    Morgans Hotel Group is looking to sell its Hudson Hotel on Columbus Circle for an estimated $500 million. [more]

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  • chrystie

    From left: Interior and exterior of 215 Chrystie Street on the Lower East Side (Inset: Ian Schrager, courtesy of SCRIVO)

    Condominiums at veteran hotelier Ian Schrager’s upcoming Public hotel on the Lower East Side are poised to break a sales record for the neighborhood, The Real Deal has learned. [more]

  • Ian Schrager’s NYC return

    September 09, 2014 10:30AM
    Ian Schrager

    Ian Schrager

    From the September issue: Ian Schrager, who is regularly credited with pioneering the boutique hotel concept, is on something of a New York real estate tear.

    Schrager has a string of Manhattan projects in the works after a seven-year New York City development hiatus. [more]

  • 215-chrystie

    Renderings of 215 Chrystie Street on Lower East Side (Inset: Ian Schrager, courtesy of STUDIO SCRIVO)

    Hotelier Ian Schrager’s planned Public Hotel on the Lower East Side has been hit with a stop-work order. [more]

  • schrager

    From left: 176 Perry Street, Rita Schrager and Ian Schrager

    Rita Schrager, ex-wife of hotel developer Ian Schrager, has put her 3,750-square-foot West Village condominium on the market for $16 million.

    The full-floor unit at 176 Perry Street features three bedrooms, four bathrooms, a staff quarters and a library. Douglas Elliman brokers Madeline Hult Elghanayan, Kirk Rundhaug and Dennis Mangone have the listing. [more]

  • 215 Chrystie Street

    215 Chrystie Street

    UPDATED, 1:00 p.m., June 20: A 200,000-square-foot building is slated to rise at 215 Chrystie Street, according to new renderings.


  • From left: Ian Schrager and the interior of his Public hotel in Chicago

    From left: Ian Schrager and the interior of his Public hotel in Chicago

    While bringing a pair of Marriott Edition hotels to Manhattan, hotelier Ian Schrager was working on a project of his own. [more]

  • The London Edition hotel and Ian Schrager

    WEEKENDEDITION In September, hotelier and Studio 54 co-founder Ian Schrager opened the doors to his latest hotel project: the London Edition. [more]

  • ian-schrager-hotel

    Ian Schrager and 5 Madison Avenue

    Hotelier Ian Schrager has plans for not one but two Edition hotels in the city.

    The Clock Tower Edition Hotel is under construction at 5 Madison Avenue, between East 23rd and East 24th streets in the Flatiron district, with an expected opening date of early 2015. But the dashing developer is also planning a second Edition at an undisclosed New York City location. Schrager launched the brand with Marriott International in 2008.  [more]

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  • From left: Ian Schrager,

    From left: Ian Schrager, Residences at Miami Beach Edition, One Thousand  Museum and Zaha Hadid

    From the South Florida Market Report: Miami is beginning to look like Manhattan, at least in terms of what buyers are willing to shell out for a square foot of prime real estate. [more]

  • From left: Howard Lorber, Richard Mack, Ian Schrager and Steven Witkoff

    From left: Howard Lorber, Richard Mack, Ian Schrager and Steven Witkoff

    Howard Lorber’s Vector Group and developer Steven Witkoff’s Witkoff Group have partnered with Ian Schrager to buy an equity stake in a West Village parcel where the hotelier plans to build a large residential tower with Area Property Partners, Lorber and other sources told The Real Deal. [more]

  • From left, Vanessa Grout, Douglas Elliman's Florida CEO, and the Ritz Carlton Key Biscayne

    From left, Vanessa Grout, Douglas Elliman’s Florida CEO, and the Ritz Carlton on Key Biscayne

    From the South Florida site: Douglas Elliman is bringing its top 100 top-producing agents to Miami next week for a retreat on how to draw more wealthy buyers from Greater New York and overseas to South Florida, the company told The Real Deal yesterday. [more]

  • From left: Michael Gross, Ian Schrager and the Delano Hotel

    From left: Michael Gross, Ian Schrager and the Delano Hotel in Miami

    From the South Florida site: The New York-based hotelier that owns the Mondrian Soho in Manhattan and the Delano South Beach in Miami scored a small victory in a battle for control of its board when a proxy-advisory firm recommended that its shareholders not vote for the nominees put up by its biggest shareholder, Bloomberg News reported. [more]

  • From left: the Delano South Beach in Miami and Ian Schrager

    UPDATED, 6:31 p.m., May 29: The Morgans Hotel Group, founded by developer Ian Schrager and Studio 54’s Steve Rubell, is spending tens of millions of dollars on lawyers and bankers to undo a transaction that landed it $72 million in late 2009 from Ron Burkle’s Yucaipa Companies, the New York Times reported. [more]

  • Richard Mack and Ian Schrager

    Hotelier Ian Schrager looks to be ready to join Area Property Partners in developing a site at 457 West Street zoned for a building of about 89,000 square feet, the New York Post reported.

    Area, headed by Richard Mack, dropped $34 million on the property opposite Pier 40 in 2007 and plans for it have been up in the air since the financial crisis. Brookfield Financial’s Eric Anton and Ron Solarz had been marketing the site on behalf of Area, Mack apparently is hanging on to a share and intends to partner with Schrager to develop it. [more]

  • From left: Ruby Schron and Ian Schrager

    A Lower East Side art gallery has gone to court to block a proposed 25-story hotel and condominium project developed by Ian Schrager and Ruben Schron, arguing that an environmental review is needed. Sperone Westwater Gallery, itself a relative newcomer to the area, has opposed the development on the grounds that the proposed hotel would be twice as tall as any other building in the neighborhood and hurt the property values of the gallery by blocking out existing sunlight. [more]

  • Ian Schrager, 215 Chrystie Street and Rubin Schron

    Hotelier Ian Schrager and investors including developer Steve Witkoff paid approximately $50 million for a site at 215 Chrystie Street last week. The move that will bring a controversial mixed-use development to the Lower East Side, after a deal with the tenants of an adjacent building at 10 Stanton Street, the Wall Street Journal reported. [more]

  • From left: Durst Fetner CEO Harold Fetner, Ian Schrager and 855 Sixth Avenue

    Contrary to previous reports, Ian Schrager will not bring a Public Hotel to Durst Fetner Residential’s Herald Square development site, the New York Post reported. A Durst spokesperson said the partnership “couldn’t make the financials of the deal work” for 855 Sixth Avenue, at West 30th Street, and that the developer is in talks with other hotel brands instead. A design won’t be finalized until a hotel is on board. [more]

  • Ian Schrager

    From the February issue: Ian Schrager is chairman and CEO of Ian Schrager Company, a hotel and real estate development firm established in 2005. Prior to establishing the company, Schrager was at Morgans Hotel Group, which he cofounded in 1984 with the late Steve Rubell, with whom he created the legendary nightclub, Studio 54, in 1977. Schrager’s more high-profile New York projects include the 2006 redesign of the Gramercy Park Hotel as well as residential properties such as 40 Bond and the Gramercy Park Hotel’s 50 Gramercy Park North condos. [more]

  • From left: Hotelier Ian Schrager, Aby Rosen and Michael Fuchs of RFR Holding and the Gramercy Park Hotel

    The bad blood simmering at the Gramercy Park Hotel is apparently heating up again, as Ian Schrager’s firm has filed a lawsuit against former investment partners Aby Rosen and Michael Fuchs alleging they failed to pay him back on a relatively small $1.15 million loan.

    The suit, filed in New York state Supreme Court, alleges that Rosen and Fuchs, who are partners in Manhattan-based RFR Realty and owned 50 percent of the hotel in a high-profile partnership with Schrager, borrowed the money in December 2010 and was not repaid by the due date of Dec. 20 of last year. [more]

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