Ian Schrager's Next NYC Project

Above, please find a gorgeous parking lot located on the corner of West 19th Street and 10th Avenue. Glorious, right? Really reminds you of colonial times. Anyway, what is now a parking lot is soon to be a new hotel project from the genius that is Ian Schrager. It's a bit of old news, but Schrager's plans to open a "combination of high-end hotels and less expensive hotels" on this site by 2009 seems doubtful. You know, credit crunch and all. But at least we all still get to use that parking lot, and then one day, people paying a lot of money and people paying a bit less will all get to stay right next to each other.

· An Interview With Ian Schrager [Portfolio]