Ian Schrager Company

Ian Schrager builds, develops and markets innovative lifestyle residences and hotels, introducing new concepts and reinventing industry standards. The boutique hotel was invented in 1984 by visionary Ian Schrager and his longtime partner and friend Steve Rubell. His formative 25+ year career revolutionized and impacted both nightlife (Studio 54 and Palladium) and hospitality (Morgans, Royalton, Paramount, Hudson, Mondrian, Delano, Shore Club, Clift, St. Martin's Lane, Sanderson and Gramercy Park Hotel). He was the largest private hotelier in New York until he sold his company. Schrager's recent projects include the transformation of the fabled Gramercy Park Hotel in New York, residential projects 50 Gramercy Park North in collaboration with world-renowned architect John Pawson, and 40 Bond in collaboration with Pritzker Prize winning architectural firm Herzog & de Meuron. He is now, for the fourth time in his career, starting all over again by launching a new hotel company, SCHRAGER HOTELS. This new company will include two new hotel brands, one luxury lifestyle brand and one that will be reasonably priced. Both new brands will be rolled out in 24 international gateway cities around the world with the first opening in Chicago in 2011.