Owner and Developer
The Ritz Plaza is amixed-use 45-story rental apartment and office building. The 500,000 square feet development contains 480 residential units, a health club with swimming pool, two garages, hotel services and six floors of commercial and retail space adjoining Rockefeller Center amidst Manhattan’s thriving new West Side.
This 45 story high rise encompassing 850,000 square feet of space spans the westerly blockfront in New York’s Times Square district. It includes 770 hotel rooms, 250,000 square feet of office space, a health club, ballrooms, several restaurants, retail stores and parking. The hotel opened in 1991 and is operated and managed by the Crowne Plaza division of Holiday Inns.
Purchased at auction, the Walter Kerr Theater was the first defunct theater in Manhattan to undergo gut rehabilitation and restoration to legitimate theater use. The theater’s facade, interior plaster details, frescoes, filigree and ornate boxes were returned to their original grandeur. The stage was reconstructed and the newest technology applied to upgrade support facilities such as ticket services, lounge areas, dressing rooms, sound, mechanical and lighting systems.