By Terry Trucco
At a glance: For years it seemsed every time I visited the Paramount it had a new look. But in 2013 the hotel underwent a deep – and dramatic – transformation under its latest owner, flashy real estate developer Aby Rosen. And some $40 million later, it seems this iteration has settled in.
Billeted in a 1928 French Renaissance building, Paramount stands smack in the middle of the Broadway Theater District. making it a smart place to meet for a pre- or post-theater drink or dinner even if you’re not staying.
The lobby, a football-size expanse, has been transformed into a dimly lighted lounge with well-designed conversation areas – sofas, club chairs, even a gigantic tufted leather daybed. Here you can check your messages, read a book (coffee table volumes are everywhere) or meet up with friends. A glamorous gas-jet fireplace throws off heat and good looks. And a DJ on the mezzanine spins most nights.
The more than 600 rooms still include some of the smallest in town. But they’ve been refashioned and updated. And if all traces of the hotel’s iconic Ian Schrager/Philippe Starck décor from the late 80’s are gone, well, it was time.
Given its location, the Paramount as an idealplace to grab a pre- or post-theater drink or bite to eat. Sadly, the clubby Paramount Bar and Grill and Corso Coffee closed in March 2018. Times Square has no shortage of restaurants and bars, but for now this behemoth boutique hotel without food and drink.
Rooms: Room size is a perennial complaint at the Paramount. Too many are too tiny, and the recent renovation hasn’t changed that.
The teeniest – and cheapest – contain a twin bed and not much else. Queen-bed rooms are tight, too. But king-bed rooms are big enough for two. And the freshly renovated rooms I saw looked spiffy, smelled fresh (the stale cigarette odor is gone) and make the most of their close quarters.
Rooms emit a midcentury vibe – dark wood panels behind the beds, domed 50’s-style lamps and tulip chairs pulled up to Plexiglas desks that wisely take up almost no visual space. The former red palette has been replaced by cool blues – teals, aqua’s, royals. The white walls remain, and the rooms I saw looked clean.
Fit and finish isn’t perfect – this is an old hotel – but with newly skim-coated walls, fresh hardware (the old stuff was hideous) and resurfaced tubs in the teeny, newly tiled bathrooms, the hotel is cleaner, sleeker and more inviting than it’s been in years. Best of all, the old window air conditioners are gone, replaced by central heating and A/C.
Food and drink: Zip. The glamorous Paramount Grill and Bar and Cosco Coffee, a cheery coffee shop, closed in March 2018. The loss of the bar is particularly sad. The Richard Rodgers Theater, home to Hamilton, is across the street, and cast members used to turn up at the bar after the show.
Amenities: WiFi ($15.95 a day). Pets under 20 lbs. allowed ($125 cleaning fee). Compact fitness room.
Surroundings: In the thick of Times Square and the Theater District. The block’s other occupants include the Richard Rogers and Lunt-Fontaine theaters and the New York headquarters of the Church of Scientology. The Hamilton gift shop is located in the hotel. The TKTs booth, restaurants, movie theaters, Madame Tussaud’s and Ripley’s Odditorium are nearby. Rockefeller Center, Grand Central Station, Bryant Park and the New York Public Library are not far. And Lincoln Center is an easy reach by subway or bus, as are downtown destinations, like Chelsea, the West Village, SoHo and Tribeca. The subway station is four short blocks away. Bus stops are even closer.
Back story: The Paramount was a scary old Times Square hotel (built in 1928) when Philippe Starck and Ian Schrager turned it into a budget version of the Royalton, their first hip boutique hotel, in 1990. Even after its makeover it was never plush – when I first stayed shortly after the hotel opened, the toilet in my room was old and stained. But corners were cut cleverly to give an aura of luxury, particularly in the lobby, a large, vaguely Deconstructionist expanse that quickly became a scene (the curved silver-leaf wall by the staircase is still stunning).
In 2004, the hotel was sold to the Hard Rock Cafe and scheduled for renovation (good-bye Starck cocktail lamps, hello rock memorabilia). Instead, it morphed into a tourist hotel with a few hip flourishes. Highgate Holdings, who took over from Hard Rock and envisioned a jocky, non-skyscraper riff on the W Times Square, had taste and money, and the 2009 renovation, which included major work on the exterior, pointed to brighter days. But in spring 2011, the hotel was sold to real estate magnate/art collector Aby Rosen, the man who famously called the Picasso curtain in the Seagram Buidling a schmatte and wants to have it removed (he owns that building, too). In 2012 the hotel was renovated yet again with a smart lobby design by Meyer Davis Group. As mentioned above, big improvement.
Keep in mind: Rooms with anything less than a king-size bed are pushing it for two people. Though renovated, hallways still look a bit spooky.