Paramount Hotel

Paramount Hotel
General information
Location	235 West 46th Street, Manhattan, New York, US
Coordinates	40°45′35″N 73°59′14″W / 40.7596°N 73.9871°W / 40.7596; -73.9871
Opening	June 12, 1928
Owner	RFR Hotel Group
Technical details
Floor count	19
Design and construction
Architect(s)	Thomas W. Lamb
Developer	Isidore Zimmer, Samuel Resnick, and Frank Locker
Other information
Number of rooms	597
Website
www.nycparamount.com
New York City Landmark
Designated	November 17, 2009[1]
Reference no.	2342[1]
Designated entity	Facade

The Paramount Hotel (formerly the Century-Paramount Hotel) is a hotel in the Theater District of Midtown Manhattan in New York City, United States. Designed by architect Thomas W. Lamb, the hotel is at 235 West 46th Street, between Eighth Avenue and Broadway. The Paramount Hotel is owned by RFR Realty and contains 597 rooms. The hotel building, designed in a Renaissance style, is a New York City designated landmark.

The hotel is 19 stories tall and is H-shaped in arrangement, with light courts to the west and east. The north and south faces of the hotel contain numerous setbacks. The facade is made of brick, stone, and terracotta; most of the decorative detail is concentrated on the south facade, along 46th Street. The hotel building contains a double-height colonnade at street level, as well as several terraces above each of the setbacks. The building has a double-height hip roof flanked by mansard roofs. The basement contains an event venue named Sony Hall, which has historically been used as a nightclub and theater. The double-height lobby's design dates to a 1990 renovation by Philippe Starck.

Isidore Zimmer, Samuel Resnick, and Frank Locker developed the Hotel Paramount starting in 1927, and it opened on June 12, 1928. The property went into foreclosure shortly after its completion, and Chase National Bank took over in the 1930s. The Paramount became popular after Billy Rose's Diamond Horseshoe nightclub (now Sony Hall) opened in the basement in 1938. When the Diamond Horseshoe closed in 1951, the hotel began to decline, and the property was sold multiple times over the next few decades. The hotel was known as the Century-Paramount during the 1970s and 1980s. Philip Pilevsky and Arthur G. Cohen acquired the hotel in 1986, and Ian Schrager operated it for the next two decades. Starck renovated the hotel from 1988 to 1990, and several renovations have taken place since then. The hotel was sold in 2004 to Sol Melia Hotels and Resorts and Hard Rock Cafe, then in 2007 to Walton Street Capital. In 2011, the hotel was sold to Aby Rosen's RFR Holding.