>Ian Schrager plans to prime Chicago's Pump Room

Share Button

>Studio 54 nightclub co-founder and renowned hotelier Ian Schrager says he’s likely to keep the name and “ethos” of the Ambassador East hotel and its legendary Pump Room restaurant.

Mr. Schrager on Thursday closed his purchase of the hotel and restaurant in a deal sources say was valued at more than $25 million.

In an interview Friday afternoon, Mr. Schrager said that while his plans aren’t yet final for the hotel and Pump Room—a one-time celebrity hotspot that opened in the late 1930s—he’s now leaning toward keeping the names after considering a change.

Read More:

About the Author