Basquiat paintings alone do not a hip hotel make.
The Gramercy Park Hotel's well-documented troubles came to light last May when Crain's reported that developer Aby Rosen and hotelier Ian Schrager were having trouble repaying a $140 million loan they'd taken out for the celebrity-magnet's initial development. In December, it was reported that Mr. Schrager Read More
In Europe, Icelander Jon Asgeir Johannesson is best known for invading London and buying up some of its poshest stores before his Baugur empire collapsed amidst claims of fraud and embezzlement to the tune of $2 billion. In New York, his crimes are far worse: invading the penthouse of the Gramercy Park Hotel and Read More
It hasn't been a banner year for Aby Rosen. His townhouse sold for $6 million less than the asking price, he juggled bad boom-time buys, and "half of Israel" cursed him with jackhammers and other threats for a hotel development in the Holy Land.
But in a sleepy chat with the Read More
“You stopped me right before I could walk in and get too liquored up!” prolific restaurateur Danny Meyer told the Daily Transom as he arrived at the Central Park Conservancy's "Taste of Summer" benefit on Wednesday night, June 3.
An estimated crowd of about 1,000 had turned out Read More
Nightlife impresario Nur Khan was bummed that rock singer Chris Cornell had pulled the plug on him.
“Am I upset that we’re not doing the gig tonight? Yeah, it would’ve been really cool,” Mr. Khan told the Daily Transom. “But we’re going to shoot for something in May.”
The charismatic 42-year-old operator of the artsy Rose Bar Read More
This Thanksgiving, paterfamilias Julian Schnabel gathered the clan to his Montauk home for the feast. That would be his three children—Vito Maria, 20, Stella Madrid, 22, Lola Montes, 25—from his first marriage to clothing designer Jacqueline Beaurang, and his twin boys, Cy and Olmo, 13, from his current wife, Olatz Lopez Garmendia. “My dad will Read More
If you're in the market for a $10 million Ian Schrager apartment, you'll be sad to know that Icelandic billionaire Jon Asgeir Johannesson has snatched up the second-to-top floor at the Gramercy Park Hotel. (Click on the floorplan above to enlarge.) According to the GPH Web site, the floor-through apartment has 2,988 square Read More
So what if Bill Clinton tied New York traffic in knots just over a month ago with the Clinton Global Initiative Conference? And who really cares that his real birthday was more than two months ago?
Ready or not, he’s back. This weekend, the former President will be dining and drinking to 60 years with Read MoreSchrager and 54 pal
Former Apprentice contestant David Gould is on a one-man crusade to stop construction at Ian Schrager's much-touted 50 Gramercy Park North at Gramercy Park Hotel. Plans are currently underway to build 23 luxurious condos, with a wealth of amenities. In 2001, Mr. Gould—a trained physician who now works in health care private equity—moved Read More
