Jump to content

Savoy-Plaza Hotel

Coordinates: 40°45′50″N 73°58′22″W / 40.7638°N 73.9728°W / 40.7638; -73.9728
From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Jamesluckard (talk | contribs) at 04:50, 8 March 2021 (→Savoy-Plaza development). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Savoy-Plaza Hotel
Savoy-Plaza Hotel, the large building at center, to the right of the taller, narrow spire of the Sherry-Netherland Hotel, seen from The Pond and Hallett Nature Sanctuary in Central Park
Map
General information
LocationNew York City, New York
Address767 5th Avenue
OpeningOctober 1, 1927
Demolished1965
Height420 ft (130 m)
Technical details
Floor count33
Design and construction
Architect(s)McKim, Mead & White
Other information
Number of rooms1,000

The Savoy-Plaza Hotel was a 33-story hotel overlooking Central Park at Fifth Avenue and East 59th Street in Midtown Manhattan, New York City. It opened in 1927 and was demolished in 1965.

History

Original Savoy Hotel

The original Savoy Hotel at Fifth Avenue and 59th Street opened in June 1892, more or less in answer to the neighboring Plaza Hotel opened in 1890. The original 12-story Savoy was designed by architect Ralph S. Townsend, for landowners including New York Supreme Court Justice P. Henry Dugro.[1] The old Savoy continued to compete with the Plaza in lavish surroundings and expansions into the 1920s. Its furnishings were liquidated in 1925.

Savoy-Plaza development

Harry S. Black,[2] owner of the Plaza, bought the Savoy Hotel, consolidated the block, and demolished it to commission a newer companion to the older establishment from the architects of the Plaza.[2] The 33-story, 420-foot (130 m)[3] skyscraper hotel was designed by McKim, Mead & White, built for some $30 million,[4] and opened on October 1, 1927.

Hilton Hotels acquired the property in January 1957[5] through an exchange of stock with Savoy-Plaza, Inc. Hilton opened a Trader Vic's within the hotel on April 14, 1958, in a space formerly occupied by the Red Coach Inn.[6] On December 31, 1958, the full merger of Savoy-Plaza, Inc. and Hilton Hotels Corporation became effective,[7] and the hotel was renamed the Savoy Hilton. Hilton sold the hotel to Webb & Knapp, Inc. in May 1962, for $25 million.[4] Webb & Knapp resold the hotel to British Commercial Property Investments of Toronto later that year.[4] Hilton and the hotel's owners agreed to end the chain's management of the hotel in 1964, though the contract continued through 1967. Western International Hotels assumed management on June 2, 1964, renaming the property The Savoy Plaza, without the original hyphen.[8] Owners announced plans for the hotel's demolition on August 21, 1964 leading to a significant public outcry and protests.[4] On December 16, 1964, the owners announced that the hotel would be replaced by a 48-story office tower, designed by Edward Durell Stone to house the Eastern headquarters of General Motors.[9] The hotel remained open through the 1964 New York World's Fair, finally closing in October 1965. It was demolished in late 1965 and early 1966 and replaced with the General Motors Building, completed in 1968.[10]

See also

References

  1. ^ "The Lost 1892 Hotel Savoy -- 5th Avenue and 59th Street". Daytonian in Manhattan. Retrieved February 25, 2019.
  2. ^ a b Turkel, MHS, ISHC, Stanley (February 27, 2008). "Remember the Savoy Plaza Hotel?; Is Economic Disaster Imminent; Cuba at the Crossroads". Hospitalitynet.org. Retrieved February 22, 2017.{{cite web}}: CS1 maint: multiple names: authors list (link)
  3. ^ "New York Architecture Images- Savoy-Plaza Hotel". nyc-architecture.com. Retrieved October 30, 2013.
  4. ^ a b c d Hailey, Foster (August 21, 1964). "Savoy Plaza to Be Razed for G.M. Offices". The New York Times.
  5. ^ https://www.nytimes.com/1957/01/30/archives/hilton-to-acquire-the-savoyplaza-chain-concern-to-take-over-hotel.html
  6. ^ https://digitalcollections.lib.uh.edu/concern/texts/73666546k?locale=en
  7. ^ https://digitalcollections.lib.uh.edu/downloads/sb3979071?locale=en
  8. ^ "Hotel Here to Become The Savoy Plaza Again". The New York Times. June 3, 1964.
  9. ^ Fowler, Glenn (December 16, 1964). "48-Story Tower to Rise on Savoy Plaza Site". The New York Times.
  10. ^ "Manhattan 1960s: 1965". Wired New York. April 5, 2010. Retrieved February 22, 2017.

40°45′50″N 73°58′22″W / 40.7638°N 73.9728°W / 40.7638; -73.9728

Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=Savoy-Plaza_Hotel&oldid=1010943708"