Printer Friendly
The Free Library
14,716,107 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Schrager fills top jobs.


Following rapid and substantial growth and leading the way for further expansion, Ian Schrager Company announced the appointment of Mitchell C. Hochberg as president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
.

Michael Overington, president of the development division and long-time partner of Ian Schrager, has been appointed vice chairman.

The appointments mark the significant growth of Ian Schrager Company since being launched by founder, Ian Schrager, less than a year ago. Schrager says the new positions at ISC (1) (Internet Systems Consortium, Redwood City, CA www.isc.org) An organization founded by Paul Vixie, Carl Malamud and Rick Adams in 1994 and later sponsored by UUNET and other Internet companies.  will allow him to continue to break industry standards while also allowing the company to take advantage of the opportunities being offered to it and promote further expansion.

ISC is currently working on eight projects that include the opening of the legendary Gramercy Park Hotel The Gramercy Park Hotel in New York City is a luxury hotel located at 2 Lexington Avenue, next to Gramercy Park, one of only a few private parks in the United States. Hotel history  in August and residential properties 50 Gramercy Park North, 40 Bond and the world-famous clock tower building, No. 1 Madison.

Further hotel and residential projects include an additional property in New York, one hotel in Miami, one hotel in Miami Beach, a large-scale residential community in Las Vegas and other transactions in the pipeline and in the early stages of development.

Prior to joining Ian Schrager Company, Hochberg founded and served as President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of homebuilder, Spectrum Communities. A graduate of NYU NYU New York University
NYU New York Undercover (TV show) 
 and Columbia University School of Law, he worked as a real estate attorney then pursued a career as a Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 at Paine & Webber before joining development firm VMS Realty.

As president of the development division, Overington has been responsible for the development, asset management and company administration of Ian Schrager Company. Overington first started working with Ian Schrager in 1977 at Studio 54. He continued to work with Schrager in the 1980s on the development, construction and opening of the Palladium nightclub and all of Morgans Hotel Group's projects. Overington was with Morgans Hotel Group The Morgans Hotel Group NASDAQ: MHGC (MHG) is a hospitality company that operates, owns, acquires and redevelops boutique hotels in the United States and Europe.  for 30 years before joining Ian Schrager Company in 2005.

Additional appointments at Ian Schrager Company are expected to follow.
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Ian Schrager Hotels
Publication:Real Estate Weekly
Geographic Code:1USA
Date:Jun 7, 2006
Words:320
Previous Article:$1b deal catapults Campus Apartments into pole position.
Next Article:Urstadt Biddle beefs up retail portfolio with trio of deals.
Topics:



Related Articles
Financial pressure mounts for owner of hipster hotels.(Ian Schrager)
Rescue from the brink.(Wall Street West)(Schrager Hotels granted two-year extension on $285 million in loans )(Brief Article)
Shrager buys lease for Gramercy Hotel.(Gramercy Park Hotel)(Ian Schrager)(Sol Goldman Trust)
Bryant Park gets new $150m hotel.
Hard Rock's $125m deal.(Hard Rock Hotels)(Brief Article)
Hard Rock chain purchases Paramount Hotel for $125m.(Morgans Hotel Group)(Sonnenblick-Goldman Co.)(Morgans Hotel Group)
Boutique hotel set for Studio City East.(Final Development)
Three hotels recapitalized in $475m one-time deal.(Finance: real estate)(Brief Article)
Schrager's $580m refinance complete.(Ian Schrager's Morgans Hotel Group)(Brief Article)
Hyatt Hotels Corporation.(appointments.)(Brief Article)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles