Ian Legend: Hotelier Ian Schrager Talks the Lower East Side, Luxury and Nostalgia | commercialobserver.com

Before he was in the hotel business, Ian Schrager owned the legendary Studio 54 with the late Steve Rubell, a club known for having the most celebrated, the most moneyed, the most glitter-spackled and the most fearless clientele in their ingestion of illegal substances anywhere in the world. Since then, Mr. Schrager went from one form of hospitality to another; he became something of a father figure to the boutique hotel before the concept...