I toured the $10,000-a-night penthouse suite of a new luxury hotel in the heart of Times Square in NYC, and I felt like I was miles from the most-hated part of the city

times square edition

  • Legendary hotelier Ian Schrager just opened a brand-new luxury
    hotel in the heart of Times Square in New York City.
  • The Times
    Square EDITION
    is a 452-room luxury hotel that includes a
    restaurant run by a Michelin-starred chef, an outdoor terrace, and
    a nightclub.
  • A standard guest room
    starts at about $360 per night
    and the penthouse suite starts
    at $10,000 per night.
  • I took a tour of the hotel and its $10,000-a-night penthouse
    suite, and I felt like I was miles from the most-hated part of
    NYC.
  • Visit Business
    Insider’s homepage for more stories
    .

Legendary hotelier Ian Schrager just opened a five-star hotel in
an unlikely New York City locale: the heart of Times
Square
.

While Times Square is a bustling tourism and shopping hub,
locals tend to avoid the area at all costs.

Schrager, who also cofounded
iconic nightclub Studio 54
, defended his choice to put the
hotel there. He told Business Insider he’s opened almost all of his
hotels in “terrible neighborhoods” — and it worked out just
fine.

“I did it in Miami with the Delano. Terrible neighborhood when I
opened that up,” he said of Miami Beach. “I did it in West
Hollywood with the Mondrian. That was a terrible neighborhood when
I opened up.”

Read more:
The cofounder of Studio 54 and inventor of boutique hotels explains
why he opened his new luxury hotel in one of the most hated parts
of New York City

I got a tour of the 452-room hotel and it’s $10,000-a-night
penthouse suite. Here’s what it looks like inside. 

SEE ALSO: The
middle class in America is disappearing. Hotels have to choose
between 2 distinct paths to survive, says the man who invented
boutique hotels.

DON’T MISS: An
abandoned JFK airport terminal reopens today as a luxury hotel with
a 100-degree infinity pool that’s like a large hot tub overlooking
the runway

The Times Square Edition is a brand-new luxury hotel in the heart
of Times Square in New York City. The 452-room hotel is a
collaboration between Marriott International and legendary hotelier
Ian Schrager, who also cofounded iconic nightclub Studio 54.

Schrager’s Times Square EDITION is just the latest addition to
the EDITION hotel
family
, which includes the New York EDITION on Madison Avenue,
the London EDITION, the Miami Beach EDITION, the Bodrum EDITION,
the Barcelona EDITION, and more.

Source: Times Square
EDITION

On a recent spring morning, I went to the Times Square EDITION for
a tour of the hotel, its amenities and restaurants, and its
penthouse suite that starts at $10,000 a night.

Source: Times Square
EDITION

The entrance is on 47th Street in Times Square, one of the busiest
neighborhoods in New York City that locals tend to steer clear of,
partially because of the crowds of tourists.

For Schrager, Times Square is on the precipice of
transformation.

“I have a hope that this hotel will attract a lot of other great
hotels, a lot of other great restaurants, and a lot of other more
sophisticated retail,” Schrager said, “and be [the] thriving,
bustling, naughty and bawdy place that Times Square was
historically.”

Source: Times Square
EDITION

The hotel’s minimalist black-and-white entrance is staffed by two
doormen and flanked by (fake, I believe) potted plants.

Source: Times Square
EDITION

Unlike at other hotels, I didn’t find myself in the lobby
immediately upon entering. Instead, I was greeted by a large shiny
green orb and the elevator banks to the right.

Source: Times Square
EDITION

The lobby is on the 10th floor, where a sleek black check-in desk
sits in front of a floor-to-ceiling plant wall.

Source: Times Square
EDITION

At the other end of the lobby is the hotel’s sculptural stairway.

Source: Times Square
EDITION

Before heading up to the hotel’s penthouse suite, I peeked into the
lobby bar, which includes a brightly-lit white room …

… and an all-black room with a fireplace.

The penthouse suite, which starts at $10,000 per night, is on the
hotel’s 40th floor. It’s the only room on that floor.

Source: Times Square
EDITION

The spacious suite includes a living area, a dining area …

Source: Times Square
EDITION

… and even a kitchen, complete with an oven, range, and sink.

Source: Times Square
EDITION

The terrace includes two stylish outdoor sofas and a sound system.

Source: Times Square
EDITION

From the terrace, you can look down upon the hustle and bustle of
Times Square. When I’m down in the middle of it, I’m usually
overwhelmed by the noise and the crowds. But from the 40th-floor
terrace, I found I could actually enjoy the liveliness and the
sounds of the city.

Source: Times Square
EDITION

Like the rest of the suite, the bedroom is decorated in neutral
tones. A fluffy throw blanket was tossed artfully on the bed.

Source: Times Square
EDITION

I walked past a walk-in closet to the sleek bathroom.

Source: Times Square
EDITION

The bathroom includes a walk-in shower and a deep soaking tub
overlooking the city.

Source: Times Square
EDITION

Schrager, who’s credited with inventing the boutique hotel, is
known for his dramatic yet minimal style in his hotels, and the
rooms at the Times Square EDITION seem to be no exception.

Source: Times Square
EDITION
,
Business Insider

The Times Square EDITION has six different dining options. There’s
the casual Terrace Restaurant, which serves a variety of homemade
pastas, steaks and chops, and vegetable dishes.

Source: Times Square
EDITION

The dimly lit eatery is full of live plants, giving a jungle-like
effect.

Source: Times Square
EDITION

When I was there at about 10 a.m., the restaurant was full of
people drinking coffee, eating breakfast, and reading the
newspaper. Some were likely guests, but the restaurant is open to
the public. Through a short hallway off of the restaurant is
another bar.

Source: Times Square
EDITION

This gorgeous bar next to the Terrace Restaurant had the feel of a
luxe speakeasy.

Source: Times Square
EDITION

Red velvet stools were lined up at the black marble bar.

Source: Times Square
EDITION

On the other side of the Terrace Restaurant is the outdoor garden,
which has a tented ceiling adorned with greenery instead of a roof.
Like in the restaurant, both living and artificial plants were
scattered everywhere. This part of the hotel especially made it
hard to believe I was in the middle of Times Square.

Source: Times Square
EDITION

The outdoor garden leads to a wraparound terrace. On the morning of
my visit, it had just been raining, but I could imagine how vibrant
this space could be in nicer weather.

Source: Times Square
EDITION

Walking around the terrace, I came upon yet another bar and lounge
area adjacent to the Terrace Restaurant. All of these spaces are
open to the public, not just hotel guests.

Source: Times Square
EDITION

All the outdoor spaces were surrounded by greenery, which made them
feel like something of an oasis in the middle of the city.

Source: Times Square
EDITION

The hotel also has a fine-dining restaurant, 701West, with food by
Michelin-starred chef John Fraser. “The dishes on the three-course
prix fixe menu are conceived with the extensive, Old World wine
list in mind,” the website reads.

Source: Times Square
EDITION

The wood-paneled dining room features electric blue velvet
banquettes.

Source: Times Square
EDITION

As Schrager became famous as the cofounder of Studio 54, I was
looking forward to seeing the hotel’s cabaret, the Paradise Club,
created in partnership with the wild Brooklyn nightclub House of
Yes. Unfortunately, it closed for a shoot during my tour, but the
photos I was provided make it out to be quite the nightlife
hotspot.

Source: Times Square
EDITION

I’ll admit that, going into my tour of the hotel, I was skeptical
of the Times Square EDITION’s location in Times Square, one of the
most-hated parts of the city.

But to my surprise, the inside of the hotel felt like a
sanctuary tucked away in the busiest part of NYC. And even though
stepping out onto the terrace made me remember I was in Times
Square, it wasn’t actually a bad thing. I could see myself taking
an out-of-town visitor up there for a drink and a view of one of
the most iconic parts of NYC. 

Source: Times Square
EDITION

Source: FS – All-Travel destinations-News
I toured the ,000-a-night penthouse suite of a new luxury hotel in the heart of Times Square in NYC, and I felt like I was miles from the most-hated part of the city