Aby Rosen Purchases the Paramount Hotel
Aby Rosen has just added another iconic New York property to his prestigious collection. Known for developing the Seagram Building and Lever House, Rosen is now adding the Paramount Hotel to his collection in the hopes that it can regain its trendy appeal that it was known for in the 1980s.
It is speculated that Rosen’s firm paid $275 million for the 597-room hotel. The hotel originated in 1928 and was revolutionized into one of Manhattan’s most in vogue nightspots by then-owner Ian Schrager and designer Philippe Stark. The boutique-hotel was known for its offbeat design and chic décor. However, in more recent years, the Paramount seemed dated compared to newer Manhattan boutique-hotels.
The hotel went through a $40 million renovation in 2009. The “face-lift” featured a modernized lobby and a Paramount Bar with black-and-white photos and lavish red banquettes. This new acquisition for Rosen is typical to his buying history since its fits his personal style as he is known for his contemporary art collection.
Related Articles
8 Emergency Roof Repair Services in Myrtle Beach
Discover eight trusted emergency roof repair services in Myrtle Beach and learn what to do after storm damage, leaks, or roofing emergencies.
The Private Aviation Corridor Report 2026: The 25 Flight Paths of Global Wealth
Airports Are Ranked. Operators Are Ranked. Corridors Are Not. Every year, the private aviation industry publishes the same scorecard: busiest airports, largest operators, biggest fleets. Teterboro leads U.S. departures at 75,029 for 2025. Dallas Love follows at 41,379. Westchester, Palm Beach, and Scottsdale round out the top five. What that scorecard has never captured is […]
The 10 Best Bars in Miami for Summer 2026
Miami’s bar scene has grown well past its rooftop-pool reputation, and summer is when it proves it. The city has spent the last several years building something more layered: world-class cocktail programs with genuine ambition, hotel bars that command a dress code, rooftop lounges where the view matches the occasion, and a handful of hidden […]
The Best Luxury Watch Brands to Know in 2026
From Patek Philippe’s Nautilus anniversary to Richard Mille’s Colnago tourbillon, these are the best luxury watch brands.
The Best Restaurants in Los Angeles Right Now
From Somni’s Michelin-star counter to Baldi’s at the Waldorf Astoria, these are the best restaurants in Los Angeles right now.
The 15 Best Restaurants in Miami Right Now
From Gaia to Slim’s old-Hollywood steakhouse glamour, these are the 10 best restaurants in Miami worth reserving.
Latest Stories
Trending Articles
Related Articles
8 Emergency Roof Repair Services in Myrtle Beach
Discover eight trusted emergency roof repair services in Myrtle Beach and learn what to do after storm damage, leaks, or roofing emergencies.
The Private Aviation Corridor Report 2026: The 25 Flight Paths of Global Wealth
Airports Are Ranked. Operators Are Ranked. Corridors Are Not. Every year, the private aviation industry publishes the same scorecard: busiest airports, largest operators, biggest fleets. Teterboro leads U.S. departures at 75,029 for 2025. Dallas Love follows at 41,379. Westchester, Palm Beach, and Scottsdale round out the top five. What that scorecard has never captured is […]
The 10 Best Bars in Miami for Summer 2026
Miami’s bar scene has grown well past its rooftop-pool reputation, and summer is when it proves it. The city has spent the last several years building something more layered: world-class cocktail programs with genuine ambition, hotel bars that command a dress code, rooftop lounges where the view matches the occasion, and a handful of hidden […]
The Best Luxury Watch Brands to Know in 2026
From Patek Philippe’s Nautilus anniversary to Richard Mille’s Colnago tourbillon, these are the best luxury watch brands.
The Best Restaurants in Los Angeles Right Now
From Somni’s Michelin-star counter to Baldi’s at the Waldorf Astoria, these are the best restaurants in Los Angeles right now.
The 15 Best Restaurants in Miami Right Now
From Gaia to Slim’s old-Hollywood steakhouse glamour, these are the 10 best restaurants in Miami worth reserving.
Subscribe to Haute Living
Receive Our Magazine Directly at Your Doorstep
Embark on a journey of luxury and elegance with Haute Living magazine. Subscribe now and have every issue conveniently delivered to your home. Experience the pinnacle of lifestyle, culture, and sophistication through our pages.
Haute Black Membership
Your Gateway to Extraordinary Experiences
Join Haute Black and unlock access to the world's most prestigious luxury events