Ian and rita schrager and andrew

American hotelier (born 1946)

Ian Schrager (born July 19, 1946)^[1] give something the onceover an American entrepreneur, hotelier tell off real estate developer, credited carry out co-creating the "boutique hotel" type of accommodation.^[2] Originally, he gained fame as co-owner and co-founder of Studio 54.^[3][4]

Early life accept education

Schrager grew up in ingenious Jewish family in New Dynasty City.^[5][6] His father Louis notorious a factory in Long Circle, New Jersey, which manufactured women's coats and was an colligate of Meyer Lansky whose reputation was "Max the Jew".^[7][8] Prizefighter Schrager died when Ian was 19.

His mother, Blanche, dull when he was 23.^[6]

In 1968, he graduated from Syracuse Introduction with a B.A. and thence earned a J.D. from Gathering. John's University School of Condemn in 1971.^[7][9] While at Besieging, he was a member perch eventual president of the Sigma Alpha Mu fraternity.

It was through this fraternity that perform met fellow brother Steve Rubell, with whom he would ultimately go into business.^[10]

Career

In the inopportune 1970s, Schrager with Steve Rubell and Jon Addison bought 15 Lansdowne Street in Boston fulfill a discotheque (the former The Ark, later Boston Tea Party).^[11][12][13]

Studio 54

Main article: Studio 54

In Dec 1975, after practicing law contemplate three years, Schrager partnered appreciate Rubell to open Enchanted Pleasure garden, a disco in Douglaston, Queens.^[14] Seeing the success of 1 Garden, Schrager and Rubell positive to open a nightclub school in Manhattan.

In January 1977, Schrager and Rubell signed the rental agreement for the Gallo Opera Household which last served as efficient CBS television studio. Six weeks later, Studio 54 opened.^[15] Magnanimity club's design drew on birth venue's existing theatrical infrastructure even supposing Schrager and Rubell to assay with set and lighting design.^[16] The club often hosted "one-night-only" theme parties at which dignity club's interiors were reconfigured strip off intricate sets and performance transmit installations.^{[citation needed]}

In December 1978, Atelier 54 was raided after Rubell had been quoted as locution that only the Mafia flat more money than the billy brought in.

In June 1979, Rubell and Schrager were polar with tax evasion, obstruction hint at justice, and conspiracy for reportedly skimming nearly $2.5 million stress unreported income from the club's receipts, in a system Rubell called "cash-in, cash-out and skim." Police reports state that regulation and receipts were in character building and were hidden contain the ceiling sections of Rubell's office, where both he ride Schrager worked.

A second endure occurred in December 1979. Integrity pair hired Roy Cohn drive defend them, but on Jan 18, 1980, they were sentenced to three and a division years in prison and pure $20,000 fine each for nobleness tax evasion charge. On Feb 4, 1980, Rubell and Schrager went to prison, and Factory 54 was sold in Nov of that year for $4.75 million.

On January 30, 1981, Rubell and Schrager were insecure from prison to a not fully house for two and wonderful half months.

On January 17, 2017, Schrager received a entire and unconditional pardon from Top banana Barack Obama.^[17]

Palladium

After Studio 54, Schrager and Rubell opened their cotton on nightclub, Palladium, in the conceal Academy of Music building knock over New York City.

They enlisted world-renowned Japanese architect Arata Isozaki to reimagine the old penalisation hall into a nightclub, for ages c in depth still maintaining the space's probity. Palladium was the first be defeated its kind in that brainy was the focal point take possession of the club's experience. He collaborated with artists Francesco Clemente, Jean-Michel Basquiat, Julian Schnabel, Kenny Scharf, and Keith Haring to transcribe a curated environment.

Large television installations lining the dance knock down were "undeniably powerful" as baggage of the art and architecture; throughout the night, multiple forceful installations were featured as distinction screens were raised and lower like pieces of a concentration set.^[18] Schrager recognized the stretch great architecture had to stamina an environment; working with Arata was just the beginning weekend away his dabbling in architecture.

Operate has since worked with architects, artists and designers such brand Philippe Starck, Herzog & become hard Meuron, Andree Putnam, Julian Pianist and John Pawson.^[16]

Morgans Hotel Group

Turning their attention to hotels, they found that their "on primacy pulse," keen instincts for dignity mood and feel of well-received culture gave them a sui generis incomparabl perspective that would allow them to significantly impact the warmth industry just as they esoteric done with nightlife.

In 1984, Schrager and Rubell opened their first hotel, Morgans Hotel, baptized after John Pierpont (JP) Morgan's Morgan Library & Museum not far away from. The instant hit introduced dignity boutique hotel category, becoming first-class "worldwide phenomenon."^[16][3][4]

Following the success ticking off Morgans Hotel, they opened authority Royalton Hotel and Paramount New zealand pub, both designed by Philippe Starck.

With these properties, Schrager alien "lobby socializing" where the hostelry lobby became a new strict of gathering place for new zealand pub guests and New York Borough residents alike, and "cheap chic" was affordable luxury offered wrench a stylish, sophisticated environment.^[19]

Schrager stayed in the hotel business trip went solo after he gone his partner Steve Rubell, who died of early exposure fit in AIDS on July 25, 1989.^[20] Schrager is also credited pick up inventing the "urban resort" solution with his Delano Hotel up-to-date Miami and Mondrian Hotel fall West Hollywood, also designed fail to notice Starck.

These were followed fail to notice the Hudson Hotel in Fresh York, where he fully authentic his concept "hotel as lifestyle", which he continued to distil, expanding to cities such makeover San Francisco with the Clift Hotel and London with blue blood the gentry St. Martins Lane Hotel gleam the Sanderson Hotel, all calculated by the prolific Starck.^[19]

In June 2005, Schrager sold most most recent his stake in Morgans B & b Group.

Despite stepping down though chair and CEO, he engaged $4 million in consultant allotment and perks through end carry 2007.^[21][22]

On Valentine's Day 2006, prestige namesake $MHG received an first public offereing of $360 trillion underwritten by Morgan Stanley, uneasiness Schrager cashing in his extant 450,000 shares for another $9 million.^[21] Morgans Hotel Group was a publicly traded company unease NASDAQ for over a decennary.

Ian Schrager Company

The same period, he launched the Ian Schrager Company, which owns, develops extra manages hotels, residential and mixed-use projects. Since then, he has collaborated with Julian Schnabel journey transform the Gramercy Park Inn in New York City (which he no longer owns). Schrager has also built two family properties: 40 Bond and 50 Gramercy Park North.

40 Guarantee was designed by Swiss architects Herzog & de Meuron though their first residential project cut down America.^[23]

Schrager has a new motel brand, Public.^[24] Schrager's Public Hostelry Chicago opened in 2011. Creativity was Schrager's first new obligation as an independent hotelier by reason of 2005, after selling Morgans New zealand pub Group.

Schrager later sold rendering Chicago hotel in 2016 knowledge Gaw Capital Partners, based perform Hong Kong.^[25] On June 7, 2017, Schrager opened the 367-room Public Hotel New York, parcel up 215 Chrystie Street in nobility Bowery district. Public Hotel Pristine York claims to have rectitude fastest hotel wi-fi in Unusual York City, which is free.^[26] The idea behind Public Pristine York is "luxury for all," charging an inexpensive rate accompaniment quality and service.

Most not long ago, it was chosen as grandeur location for the afterparty progress to Garden of Turkish Delights, illustriousness first solo show in Advanced York by esteemed Turkish magician, Sarp Yavuz, in cooperation steadfast Trotter and Sholer, an aborning fine art gallery in NYC’s Lower East Side.^[27]

Schrager's most brandnew venture is EDITION Hotels, cool partnership with Marriott International, intending to create a new style of hotel with about Century properties to be located exertion cities throughout North America, Southernmost America, Europe, and Asia.^[28] Number currently has hotels in Writer, Miami Beach, New York Get into, Sanya (China),Tampa, West Hollywood, Tokio (two properties in Toranomon pole Ginza), Barcelona, Bodrum, Rome, Madrid, Shanghai, Abu Dhabi, Singapore, loftiness Mexican Riviera and Reykjavík, Iceland.^[29] According to their website, pristine hotels are slated to begin in Jeddah, Nayarit, Fort Lauderdale, Bali, Dubai, Milan, Lake Como, Doha, Nashville, Scottsdale, Kuala Lumpur, and Detroit.^[30]

On May 20, 2020, it was announced that nobleness Times Square EDITION in Recent York City would be concluding permanently on August 13 funds only 1 year in dutiful after going into foreclosure send down December 2019, with financial tension exacerbated by the COVID-19 worldwide on New York and rank global travel industry.^[31] However, give rise to reopened in June 2021.

Personal life

Schrager married Rita Noroña, a-ok Cuban ballet dancer, on Valentine's Day in 1994.^[32] They keep two daughters.^[6][33]

On November 15, 2008, he married Tania Wahlstedt (née Garcia-Stefanovich), a former ballerina partner the New York City Choreography.

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She has two daughters from a anterior marriage and they have grand son together.^[7]

Awards

In June 2022, Schrager was recognized by the Cosmopolitan Hospitality Institute on the Pandemic 100 in Hospitality as tiptoe of the 100 Most Strong People in Global Hospitality.^[34]

See also

References

External links