Ian Schrager is gearing up for the official relaunch of his Public hotel and the return of New York City’s economic engine.
Gearing up for the official relaunch of his Public hotel and the return of New York City’s economic engine, Ian Schrager believes egalitarianism can help cure not all ills, but some crucial ones.
Fifteen percent of New York City’s hotels are not expected to reopen but “nobody really knows,” Schrager said. “We never have gone through anything like this. We went through big scares. In the ’90s, we went through a bad recession and a bad hit with that Resolution Trust [Corp.] that they formed [as a temporary federal agency to resolve the savings and loans crisis of the ’80s]. New York went through near bankruptcy in the ’70s and the Great Depression in the ’20s,” he said.
WWD: During the past 16 months, a lot of people said that quarantine felt like prison. As someone who has been in prison [for corporate tax evasion], how do you respond to that? I.S.: We are looking at a few people. Of course, I wanted [“Hamilton” creator] Lin-Manuel Miranda to be the director. It would be about Studio 54 or those times — [that was] a great, great time in New York and using Studio 54 as a backdrop.WWD: What do you think of all the attention around the “Halston” series and Studio 54?
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