Ian Schrager on his Marriott brand, W hotels and a new value venture

From the New York 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]