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Roosevelt Hotel
From Wikipedia, the free encyclopedia
- For the former Roosevelt Hotel in New Orleans, see The Fairmont Hotel New Orleans; for hotels with a similar name, see Hotel Roosevelt (disambiguation)
The Roosevelt Hotel is a hotel situated on Madison Avenue and 45th Street in midtown Manhattan, named in honor of President Theodore Roosevelt. The New York City hotel opened September 22, 1924. The hotel closed in 1995 and reopened in 1997 after a $65-million extensive renovation.
It is managed by Interstate Hotels & Resorts and owned by Pakistan International Airlines.
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There are a total of 1,015 rooms in the hotel, including 52 suites, one of which (the Presidential Suite) has 3900 square feet with four bedrooms, a kitchen, formal living and dining areas, and a wrap-around terrace.
The rooms are traditionally decorated, with mahogany wood furniture and light-colored bed coverings.
The "Roosevelt Grill" serves American food and regional specialties for breakfast, lunch and dinner. The "Madison Club Lounge" has a 30-foot mahogany bar, stained glass windows and a pair of fireplaces. There is also a cafe (Ferraras Cafe).
The Roosevelt has 30,000 square feet of meeting and exhibit space, including two ballrooms and 17 additional meeting rooms ranging in size from 300 – 1100 sq. feet. It offers a business center which provides Internet access, fax services, secretarial services, copy services and shipping services.
Other services include a concierge, a 24-hour fitness center, safety deposit boxes, valet laundry, valet or self-parking, and 15 retail tenants[1], including a Bostonian Shoes.
The Roosevelt Hotel was at one time linked with Grand Central Station by way of an underground passage that connected the hotel to the train terminal.
Guy Lombardo performed “Auld Lang Syne” for the first time in the hotel’s Roosevelt Grill, and Lawrence Welk began his career at the Roosevelt Hotel.
Since the 1960s[citation needed], the hotel has been partly-owned by the Pakistan International Airlines through its investment arm PIA Investments Ltd. For some time[when? — see talk page], PIA shared the ownership in a partnership with Prince Faisal bin Khalid Bin Abdul Aziz Al Saud of Saudi Arabia. In 2005, PIA bought out its 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).[1]
After a major $65 million renovation, in July 2007 PIA announced that it was putting the hotel up for sale for US $1 billion. It was reported that the property would be marketed by New York-based real estate company Cushman & Wakefield.[2]
The Roosevelt Hotel has been seen in several major motion pictures, including The French Connection, Hanky Panky, Quiz Show, Boiler Room, Maid in Manhattan and 1408. [3]
- ^ a b Deal on PIAICL assets: PIA now sole owner of Roosevelt, Scribe hotels from the Business Recorder
- ^ "Roosevelt's up for sale at cool $1b", by Lois Weiss, New York Post, July 11, 2007
- ^ Titles with locations including Roosevelt Hotel from Internet Movie Database