cpnews Posted December 6 Report Share Posted December 6 Yesterday, a <a href="http://nymag.com/daily/food/2007/12/breaking_who_will_take_over_good_world.html">little story</a> made the rounds that Ian Schrager had purchased a building on Canal Street with plans to construct a W Hotel. Now, that's just umpossible, with the reason being Schrager has recently entered into a <a href="http://downbythehipster.blogspot.com/2007/08/schrager-takes-boutiques-big-time.html">very long term deal</a> with Marriott to jointly develop properties. Guess who owns W? Not Marriott! Scratch that idea. However, we do believe that this hotel could be a Schrager and Co. target. Why? Well, his old partner Morgans Hotel Group is bringing Ian's baby <a href="http://downbythehipster.blogspot.com/2007/04/psstdbth-has-secret.html">the Mondrian</a> just to the West. Wouldn't it make Ian happy to grab a slice of the Chinatown pie and stick it to his old foes? DBTH says yes. But Morgan's definitely wins the locational battle, unless Ian's potential customers book rooms based on a need to catch the Chinatown bus. We're sticking with this one.More... Quote Link to comment Share on other sites More sharing options...
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