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What the View From the Standard Will Look Like If It Ever Opens
From the outside, the Standard still looks messy. But from the inside, looking out, it's kind of impressive.
Posted 06/04/08 in Daily Intel : Photo Op
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High-Profile Bris on Sunday — You're Invited
Donald Trump! Amy Sacco! The grave of Rabbi Menachem Mendel Schneerson! These are just a few of the wonders in store for you.
Posted 05/30/08 in Daily Intel : Intel
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‘National Geographic’ Takes Home Three Awards at ASME Ceremony
Plus, things are looking up on Wall Street, Skadden is doing better at doing good, and Andre Balazs finally sells the Hotel QT — all in our daily industry roundup.
Posted 05/02/08 in Daily Intel : Company Town
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Ian Schrager Is Kind of ‘Meh’ on the New Royalton Lobby
We're kind of falling in love with Lloyd Grove's rambling, sprawled interviews with business celebrities on Portfolio.com. This week, he sits down with Ian Schrager, who is two years into his massive partnership with Bill Marriot, the hospitality king, to build 100 chic hotels worldwide. Below, we've selected some of our favorite moments with the man who brought you the Delano, the Hudson, the Royalton, the Shore Club, the new Gramercy Park Hotel, 40 Bond Street, and that little club he used to run in the late seventies • On the destruction of his legendary Philippe Starck lobby in the Royalton Hotel by his Morgans successors, who replaced it with a dark-amber jewel box this year: Uh, you know, I think it's nice. Um, I can't second-guess what those guys had in mind. I had no emotional attachment to it, quite frankly. But I think from a business point of view, I would've done something different. But I don't know what criteria they were using and why they did it. And I think it was a very risky move But basically we liked to think that what we did was classic and timeless and would stay, even though it was incredibly provocative. I mean, I've never changed any of my other lobbies.
Posted 11/16/07 in Daily Intel : In Other News
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André Balazs: Selling Hotels Is Standard Procedure
Ever since yesterday's little Gawker item about André Balazs selling three of his signature hotel properties (it turned out that it came from a Crain's story), we've been wondering what's up. Is our favorite hotelier and celebrity dater hard up for cash? Are delays and extra costs on his High Line–spanning Standard Hotel becoming a burden? Apparently not, according to Balazs himself. The Observer got him on the phone to talk about the transfers. "Quite frankly, we're a little surprised about Crain's much ado about nothing," Balazs said. "It was financing. You know, we recently refinanced a bunch of the other properties and restructured them to take advantage of the capital markets. And these are all now stabilized properties that it's just an opportune time to refinance them, meaning that they've been open long enough, and they're steady and mature hotels." So everything's okay? "It's a routine recapitalizing and restructuring [of] the underlying debt or equity. We do it all the time. We control the management and control the properties." Hm. We liked it better when all we had to think about was whether we liked his pretty lobbies. Andre Balazs Explains Hotel Moves: 'We Do It All the Time' [NYO] Hotelier selling assets in refinancing move [Crain's NY]
Posted 11/13/07 in Daily Intel : In Other News
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Will Someone Please Call Family Services on Dina Lohan?
Dina Lohan, the "white Oprah," is in talks to do a reality show for E! in which she'll try to turn her two youngest kids into stars. And Lindsay's DUI arrest made it tough for underage girls to get into L.A. clubs after the MTV Movie Awards. Michael Moore has lost 30 pounds eating whole grains and sleeping more. Harvey Weinstein is an investor at Bungalow 8 doorman Armin Amiri's new club, Socialista. Angelina Jolie is spending time with her children at the expense of spending time with Brad Pitt. Gwyneth Paltrow and David Byrne are bad tippers. Cameron Diaz gave André Balazs a neck rub.
Posted 06/04/07 in Daily Intel : Gossipmonger
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