• 0
  • Home
  • About Us
  • What We Do

Shopping Cart

GPAM
  • Home
  • About Us
  • What We Do

The Plaza’s many lives: How moguls, labor fights and a changing city shaped an icon

Like many projects today, the construction of the Plaza Hotel was complicated by a fight over the use of nonunion labor. What sets that conflict apart, however, is it resulted in a murder.

Before the iconic hotel topped out, ironworkers — angered by the developer’s use of nonunion laborers — attacked ex-police officers who were stationed on the site to keep the peace. One of the officers was thrown through a hole in the project’s unfinished floors and ultimately died from the injuries.

Though this particular incident in July 1906 was the culmination of a labor fight in extreme, the 100-plus year history of the Plaza offers a snapshot of different aspects of building and living in New York City, including union tensions, rent control, outsized egos and risky real estate plays.

“From its opening in 1907 through today, really it’s a mirror that’s reflected the city and the history of wealth and money in New York and even the country,” said author Julie Satow, whose book on the history of the hotel, “The Plaza,” debuts June 4.

Satow, a New York Times contributor, was interviewed by “The Liar’s Ball” author Vicky Ward about the new book at an event hosted by The Real Deal‘s publisher Amir Korangy on Wednesday. (Satow’s book is dedicated to her husband, Stuart Elliott, who is TRD’s editor-in-chief.)

The book details how the hotel has changed hands over the years and how it has weathered prohibition, war and absentee owners. As Ward noted, the book provides a detailed account of the hotel’s past, but it ultimately revolves around the people who have lived and stayed there, and who have developed a personal connection to the city landmark.

There’s a chapter about Donald Trump, who appointed his now ex-wife, Ivana, as the hotel’s president after buying the Plaza for more than $400 million in 1988. At the time, their marriage was “imploding,” Satow said, as would his union with the hotel a few years later. Another chapter details how Subrata Roy — the “Indian Great Gatsby” or, as Ward referred to him, the “Indian Trump” — spent the majority of his time as the Plaza’s owner in a jail cell in Delhi and how that impacted the hotel’s staff.

When the first guests arrived at the Plaza, a majority were checking in for good. Satow noted on Wednesday that the hotel helped shape how New Yorkers came to think about luxury living — long before Billionaires’ Row.

“The Plaza actually ushered in the concept of wealthy people living in apartments,” she said. “It suddenly became OK for New Yorkers to live in apartments, to live with other people and not at their own private mansions.”

Powered by WPeMatico

  • 01 June 2019
  • The Real Deal
  • Uncategorized
  •  Like
Mega homebuilder Lennar moving ahead with Anaheim townhome, condo project →← Hamptons resi brokers remain resolute, despite a slumping luxury market
  • Recent Posts

    • Hoteliers sound the alarm on looming distress  May 24, 2025
    • Growth markets see retail boom even with tariff uncertainty May 24, 2025
    • Westchester resi project gets city OK after union drops objection May 23, 2025
    • WATCH: ‘Father of CMBS’ Ethan Penner to run for governor of California May 23, 2025
    • Fashion Island office fetches $756 psf May 23, 2025
  • Recent Comments

    • Archives

      • May 2025
      • April 2025
      • March 2025
      • February 2025
      • January 2025
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      • July 2024
      • June 2024
      • May 2024
      • April 2024
      • March 2024
      • February 2024
      • January 2024
      • December 2023
      • February 2023
      • January 2023
      • December 2022
      • November 2022
      • October 2022
      • September 2022
      • August 2022
      • July 2022
      • June 2022
      • May 2022
      • April 2022
      • March 2022
      • February 2022
      • January 2022
      • December 2021
      • November 2021
      • October 2021
      • September 2021
      • August 2021
      • July 2021
      • June 2021
      • May 2021
      • April 2021
      • March 2021
      • February 2021
      • January 2021
      • December 2020
      • November 2020
      • October 2020
      • September 2020
      • August 2020
      • July 2020
      • June 2020
      • May 2020
      • April 2020
      • March 2020
      • February 2020
      • January 2020
      • December 2019
      • November 2019
      • October 2019
      • September 2019
      • August 2019
      • July 2019
      • June 2019
      • May 2019
      • April 2019
      • March 2019
      • February 2019
      • January 2019
      • December 2018
      • November 2018
      • October 2018
      • September 2018
      • August 2018
      • July 2018
      • June 2018
      • May 2018
      • April 2018
      • March 2018
      • February 2018
      • January 2018
      • December 2017
    • Global Property and Asset Mangement, Inc.
      137 North Larchmont
      Los Angeles, California 90010
      +1 213-427-1127

    © 2025 GPAM