- Legendary hotelier Ian Schrager just opened a new luxury hotel in one of the most hated parts of New York City: Times Square.
- Schrager says he’s almost always opened his hotels in “terrible” neighborhoods, and it’s always worked out.
- He said he thinks Times Square will start seeing more great hotels and restaurants and “sophisticated retail.”
- “I see Times Square continuing to evolve,” Schrager told Business Insider. “It has always been, even in its heyday, a mixture of highbrow and lowbrow. That’s what gives it an advantage.”
Some might see opening up a new luxury read more >>>
Source : BusinessInsider.Com