Grand Hyatt New York

Grand Hyatt New York

The Grand Hyatt New York (at left); across the street is the Chrysler Building (at right)
Hotel chain Hyatt Hotels
General information
Location Manhattan, New York
Address 109 East 42nd Street
Opening 1919 original, 1980 reconstruction
Owner Hyatt Hotels Corporation
Management Hyatt Hotels
Height 295 ft (90 m)
Technical details
Floor count 26
Design and construction
Architect 1919 – Warren & Wetmore 1980 – Gruzen Samton
Other information
Number of rooms 1306
Website
http://newyork.grand.hyatt.com/

The Grand Hyatt New York is a hotel located directly east of the Grand Central Terminal in Midtown Manhattan, New York City. It was originally built and opened on January 28, 1919, as The Commodore Hotel. In 1980, Donald Trump modernized the outside of the building and renovated the inside as part of his first construction project in Manhattan.

Commodore Hotel

The Commodore Hotel was constructed by the Bowman-Biltmore Hotels group. The structure itself was developed as part of Terminal City, a complex of palatial hotels and offices connected to Grand Central Terminal and all owned by the New York State Realty and Terminal Company (NYSRTC), a division of the New York Central Railroad (NYCRR). The Commodore was named after "Commodore" Cornelius Vanderbilt, the founder of NYCRR; a statue of Vanderbilt is located outside the hotel. The Commodore was designed by Warren & Wetmore and leased by the NYSRTC to the Bowman-Biltmore Hotels Corporation, of which John McEntee Bowman was president.[1]

View eastward from Vanderbilt Avenue at night. The Grand Hyatt is east of the Grand Central Terminal but west of the Chrysler Building.

The Commodore opened on January 28, 1919. Herbert R. Stone, of NYSRTC, oversaw the decor of its 2,000 rooms. The lobby, called the "Most Beautiful Lobby in The World," was the single largest room in the hotel, with modern low ceilings and a waterfall designed by John B. Smeraldi. A group of conventioneers once told Bowman that "New York City was like a circus," so the next day Bowman, ever a showman, arranged to place a circus, complete with elephants, in the grand ballroom. Another popular spot was the Century Room, which boasted its own orchestra. The Commodore shared a parking garage with its sister hotel, the New York Biltmore Hotel, which had been Bowman-Biltmore's first hotel investment.[1] Another Terminal City property – The Roosevelt Hotel, originally a United Hotel asset – merged with Bowman-Biltmore Corporation on March 4, 1929, giving Terminal City access to all railroad passenger traffic in and out of New York City.

The Commodore was successful for decades, and in June 1967, NYCRR – which by then was running the hotel through a division called Realty Hotels – upgraded the Commodore with a 3.4 million-dollar refurbishment. On May 10, 1972, while John R. Garside was the hotel's general manager, the Commodore became the first hotel in New York City to show in-room movies through Player Cinema Systems. By the late 1970s, both the railroad line (now called Penn Central) and the hotel had become less successful. On May 11, 1977, the now-bankrupt railroad's asset manager, Victor Palmieri, told the city that the Commodore had lost $1.5 million in 1976 and might have to be shuttered. At that point, the Trump Organization, partnered with the Hyatt Corporation, bought the Commodore.[2][3]

Grand Hyatt New York

The Trump Organization rebuilt the hotel, gutting the first few floors down to their steel frame (although the same basic layout of public rooms was retained) and the entire building was transformed with a new reflective glass facade placed over top of the existing masonry exterior. The work was designed by the firm of Gruzen Samton[2] The only portion of the hotel's decor left untouched was the foyer to the grand ballroom, with its neoclassical columns and plasterwork. The hotel re-opened in 1980 as the Grand Hyatt New York, and has entrances to the Park Avenue Viaduct and to 42nd Street.

On October 7, 1996, Donald Trump sold his half-share in the hotel to the Hyatt Corporation for $142 million.[3][4]

The hotel won the 2007 and 2008 Corporate and Incentive Travel magazine "Award of Excellence." It was renovated in 1996 and again in 2011.

References

  1. 1 2 Commodore Hotel - March 1919 Architectural Review article (Google Books).
  2. 1 2 Trump, Donald (1987). The art of the Deal. Warner Books.
  3. 1 2 "The Grand Hyatt Hotel". The Trump Organization. Retrieved November 2, 2016.
  4. "Trump Sells Hyatt Share To Pritzkers". The New York Times. October 8, 1996. Retrieved November 2, 2016.

External links

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