Ian Schrager

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Ian Schrager (born New York City, July 19, 1946) is an American hotelier and real estate developer often associated with being the creator of the "boutique hotel" genre. He is originally gained fame as one of the founders of the Studio 54 discotheque.

1 Early Life
2 Studio 54
3 Hotels
4 Personal Life
5 External links
6 References
- 6.1 Articles
- 6.2 Videos

[edit] Early Life

Schrager's father was a garment worker. ^[1]He received a Bachelor of Arts from Syracuse University in 1968 and a Juris Doctorate from St. John's University School of Law in 1971.^{[citation needed]}

[edit] Studio 54

Schrager first became known for creating the New York nightclubs Studio 54 and Palladium with his partner, Steve Rubell. Such celebrities as Andy Warhol, Mick Jagger, his wife Bianca Jagger and Truman Capote were Studio 54 regulars.^[2] The pair were sentenced to three and a half years in jail for income tax evasion, a sentence that was later reduced to 20 months, after they reported the names of other nightclub owners who failed to pay their own taxes. ^[2]

[edit] Hotels

After their release from jail, Rubell and Schrager then turned their attention to the hotel business opening Morgans Hotel in 1984. After Rubell fell ill, Schrager alone started the Morgans Hotel Group (later known as the Ian Schrager Hotel Group) and opened The Royalton and The Hudson in New York, The Delano in Miami, and The Sanderson & St. Martins Lane in London, The Clift Hotel in San Francisco and The Mondrian in Los Angeles. ^[3]

In 2005, Schrager left the Ian Schrager Hotel Group, and collaborated with artist and filmmaker Julian Schnabel on the Gramercy Park Hotel, a $200 million dollar, 185 room hotel along and a residential project next door, 50 Gramercy Park North. ^[4] Schrager’s latest venture are a partnership with Marriott International intending to create a new brand of as many as 100 hotels located in cities throughout North and South America, Europe and Asia, ^[1] and another New York residence, 40 Bond Street, with architects Herzog and De Meuron.