The Roosevelt Hotel is at Madison Avenue and 45th Street in midtown Manhattan, named in honor of President Theodore Roosevelt. The New York City hotel opened on September 22, 1924. The hotel closed in 1995 and reopened in 1997 after a $65-million extensive renovation.
Designed by George B. Post & Son and leased from The New York State Realty and Terminal Company the hotel was the first to incorporate store fronts instead of lounges in its sidewalk facades due to the prohibition era. The Roosevelt Hotel was at one time linked with Grand Central Terminal by way of an underground passage that connected the hotel to the train terminal. The Roosevelt housed the first guest pet faculty and child care service in The Teddy Bear Room and had the first in house doctor.
Guy Lombardo performed “Auld Lang Syne” for the first time in the hotel’s Roosevelt Grill, which was open from 1927 to 1958, and Lawrence Welk began his career at the Roosevelt Hotel in the summers while Lombardo took his music to Long Island. Music was piped live into each room via radio. Hugo Gernsback (of Hugo Award fame) started WRNY from a room on the 18th floor of The Roosevelt broadcasting live via a 125 foot tower on the roof. Conrad Hilton purchased the Roosevelt in 1943 calling her "a fine hotel with grand spaces" and even though he eventually owned many other hotels in New York (The Plaza & The Waldorf - Astoria), he choose the Roosevelt's Presidential Suite as his home. In 1947, the Roosevelt became the first hotel to have a television set in every room.
From 1943 to 1955 the Roosevelt Hotel served as the New York City office and residence of Governor Thomas E. Dewey. Dewey's primary residence was his farm in upstate New York, but he used Suite 1527 in the Roosevelt to conduct most of his official business in the city. In the famous 1948 presidential election, Dewey, his family, and staff listened to the election returns in Suite 1527 of the Roosevelt; in the election Dewey lost to incumbent President Harry Truman in one of the greatest political upsets in American history.
Beginning in 1979, the hotel was leased by the Pakistan International Airlines through its investment arm PIA Investments Ltd., with an option to purchase the building after 20 years. Prince Faisal bin Khalid Bin Abdul Aziz Al Saud of Saudi Arabia was one of the investors in the 1979 deal.[3] In 1999, PIA exercised their option and bought the hotel for $36.5 million, after a legal battle with owner Paul Milstein, who claimed it was worth much more.In 2005, PIA bought out its Saudi partner in a deal that included the prince's share in Hotel Scribe in Paris in exchange for $40 million and PIA's share of the Riyadh Minhal Hotel (a Holiday Inn located on property owned by the prince). PIA has since controlled 99 percent interest in the hotel, while the Saudis have only 1 percent.
After a major $65 million renovation, in July 2007 PIA announced that it was putting the hotel up for sale.The increasing profitability of the hotel, at the same time as the airline itself started to incur massive losses, resulted in the sale being abandoned. On January 1, 2011 The Roosevelt Hotel's General Manager stated the hotel is once again undergoing extensive renovations but will remain open during the process.
Monday, June 25, 2012
Paris Hilton Picture at The Roosevelt Hotel (So Hot)
Source:http://www.zimbio.com
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