The Ritz-Carlton Hotel was a luxury hotel in New York City, owned by the Ritz-Carlton Hotel Company. It was located at 46th Street and Madison Avenue in Midtown Manhattan until its demolition in 1951.
History
In 1898, César Ritz founded the Ritz-Carlton Hotel Company with the first location opening in Paris.[1]
The Ritz-Carlton Investing Company was established by Albert Keller, who bought and franchised the name in the United States. The New York hotel opened in 1911; it was the first Ritz-Carlton Hotel in the U.S.[2]
The opening of the New York location was followed by expansion into Philadelphia and Atlantic City. In the early 1920s, there were 15 Ritz-Carlton hotels worldwide. Following its growth, the Ritz Carlton chain in the United States experienced a rapid decline.