Ian Schrager to open two Public hotels in Manhattan

TRD New York /
Jan.January 24, 2014 01:04 PM

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

Schrager is opening two Public hotels in the city with his own Ian Schrager Company. One is a 25-floor boutique at 215 Chrystie Street on the Lower East Side, which he bought from landlord Rubin Schron for $50 million with the savvy Steve Witkoff; and one at an undisclosed location on the far West Side, according to the New York Post.

In the meantime, the Edition hotels are under construction. The Clock Tower Edition Hotel, at 5 Madison Avenue between East 23rd and East 24th street in the Flatiron district, is slated to open in early 2015. The other hotel, the Edition Times Square, will open in 2017.

Schrager started the Public ” affordable luxury” brand with his first and only hotel located in Chicago, which features a restaurant run by Jean-Georges Vongerichten, according to the Post. He will open one in Herald Square this year, as The Real Deal previously reported. [NYP] — Angela Hunt


Related Articles

arrow_forward_ios
Union Square W Hotel at  201 Park Avenue South (Credit: Wikpedia)

Marriott buys Union Square W Hotel

Steve Witkoff and the property at 2805 Lake Avenue

Developer Steve Witkoff revealed as buyer of Sunset Islands home

Indian hotel startup to launch in NYC, LA with $300M US investment

Witkoff sells two commercial condos at
420 Fifth for $52M

Lyric founders Andrew Kitchell and Joe Fraiman and a Lyric-managed unit in Houston

Startups and hospitality giants are embracing “apartment hotels”

Marriott to enter home-sharing business

Schrager, Witkoff snag $173M refinancing
of Public hotel

Miami-based firm enters California market with $85.7M Marriott hotel acquistion

arrow_forward_ios