Ian Schrager

Ian Schrager
Born (1946-07-19) July 19, 1946 (age 65)
New York City, New York
Occupation CEO
Spouse Tania Wahlstedt
Children Sophia, Ava & Louis
Website
The Ian Schrager Company


Ian Schrager (born July 19, 1946) is an American hotelier, entrepreneur and real estate developer. Often associated with co-creating of the Boutique Hotel genre.[citation needed] Originally, he gained fame as co-owner and co-founder of Studio 54.

Early years

Ian Schrager 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]. In December 1975, after practicing law for three years, Schrager and his close friend Steve Rubell opened Enchanted Garden, a disco in Douglaston, Queens.[1]Within 6 months, they were looking to open a night club in Manhattan. They signed the lease for Studio 54 in January 1977 and 6 weeks later it opened.

Career

Studio 54 Era

Schrager felt something in the air–he recognized a significant void in the nightlife industry and with Rubell, developed the revolutionary idea for the groundbreaking nightclub discotheque Studio 54. It was a response to the social revolution and captured the breaking down of social and cultural barriers. They transformed the old Gallo Opera House on West 54th Street in New York City into a new age, spectacular nightclub. The club's ambiance was constantly changing: using the space's original theatrical infrastructure, they were able to dramatically change the environment and size of the space multiple times a night-- something that had never been done before. The club was exciting and always doing something different and unexpected. They often hosted special "one night only" performance art pieces and theme parties for which the club completely metamorphosed; every night it was transformed into something new, original and different. Studio 54 took the nightclub scene by storm and was an instant success. To this day, it is considered the most significant and famous nightclub of all time.[citation needed]

Palladium

After Studio 54, Schrager and Rubell opened their next nightclub, Palladium, in the old Academy of Music building in New York City. It was the first of its kind in that Schrager made art a focal point of the club's experience. He collaborated with cutting-edge artists Francesco Clemente, Jean-Michel Basquiat, Julian Schnabel, Kenny Scharf, and Keith Haring to create a dramatic, curated environment. Large video installations lining the dance floor were "undeniably powerful" as part of the art and architecture; throughout the night multiple dynamic installations were featured as the screens were raised and lowered like pieces of a stage set.[2] Schrager and Rubell enlisted world-renowned Japanese architect Arata Isozaki—his first project in America—to reimagine the old music hall into a nightclub while still maintaining the space's integrity. Schrager recognized the power great architecture had to influence an environment; working with Arata was just the beginning of his dabbing in architecture. He has since worked with iconic architects, artists and designers such as Philippe Starck, Herzog & de Meuron, Andree Putnam, Julian Schnabel and John Pawson to name a few.[citation needed]

Morgans Hotel Group

In the 1980s, Schrager and his business partner Rubell turned their attention to hotels and found that their "on the pulse", keen instincts for the mood and feel of popular culture gave them a unique perspective that would allow them to significantly impact the hospitality industry just as they had done with nightlife. Their first hotel, Morgans, opened in 1984 and was an instant hit, introducing the boutique lifestyle hotel to the world.[citation needed] Following the success of Morgans, they opened the well received and highly successful Royalton Hotel and Paramount Hotel. With these properties, Schrager introduced the pioneering concept of "lobby socializing" whereby the hotel lobby became a new kind of gathering place for hotel guests and New York City residents alike.[citation needed] Schrager's grasp of and commitment to the modern lifestyle, led him to see the need for and introduce the idea of "cheap chic" where affordable luxury was offered in a stylish and sophisticated environment. This was a groundbreaking concept that fundamentally changed the hospitality industry.

Schrager is also credited with inventing the "Urban Resort" with his Delano Hotel in Miami and Mondrian Hotel in West Hollywood.[citation needed] These were followed by the Hudson Hotel in New York, where he fully realized his concept "hotel as lifestyle" which he continued to refine, expanding to cities such as San Francisco with the Clift Hotel and London with St. Martins Lane Hotel and the Sanderson Hotel.

Ian Schrager Company

In 2005, Schrager sold Morgans Hotel Group, a company he founded, to create Ian Schrager Company which owns, develops and manages hotels, residential and mixed use projects. Since then, he has collaborated with Julian Schnabel to transform the fabled Gramercy Park Hotel in New York City (which he no longer owns). Schrager has also created two groundbreaking residential properties: 40 Bond and 50 Gramercy Park North. 40 Bond was designed by Swiss architects Herzog & de Meuron as their first residential project in America. With 50 Gramercy Park North, Schrager introduced the idea of "effortless living". The project, designed by John Pawson, offered all the benefits of owning a home, the services of a 5-Star hotel, plus the concept of "executive lifestyle management" that provides a completely staffed household without the hassles and inconveniences of ownership.

Schrager is currently working on two new hotel brands. The first brand, PUBLIC, is a new genre of hotel offering great value, great service and great style that will set a new industry standard. Ian Schrager has taken the best from the luxury set, the best from the boutique/lifestyle set and the best from select service and created a new breed of hotel where everything has been rethought and every original idea updated. This brand will be defined by the unique experience it creates rather than by a business classification or price.

The first hotel, PUBLIC Chicago, debuted in October 2011 to critical acclaim. The second brand, yet to be announced, will be a new kind of luxury brand for modern people.

Schrager’s latest venture is a partnership with Marriott International, intending to create a new brand of hotel with about 100 properties to be located in cities throughout North America and South America, Europe and Asia[3]. EDITION currently has one hotel, The Istanbul EDITION, located in Istanbul Turkey. New hotels are slated to open in London, Miami Beach, New York City, Bangkok, Abu Dhabi, and India.

Personal life

Schrager has two daughters, Sophia and Ava, from a previous marriage.

On November 15, 2008, he married Tania Wahlstedt, a former ballerina with the New York City Ballet, who also has two daughters, Amanda and Lili.[4]. Together, Schrager and Wahlstedt have a son, Louis.

References

Further reading

External links

Videos