Savoy-Plaza Hotel, the large building at center, to the right of the taller, narrow spire of the Sherry-Netherland Hotel.
|Location||New York City, New York|
|Address||767 5th Avenue|
|Opening||October 1, 1927|
|Design and construction|
|Architect||McKim, Mead & White|
|Number of rooms||1,000|
Harry S. Black, the owner of the nearby Plaza Hotel, bought the Savoy Hotel, built in 1890, and demolished it along with the adjacent buildings on the block to build a newer companion to the older establishment. The 33-story, 128 meter skyscraper hotel was designed by McKim, Mead & White, built at a cost of $30 million, and opened on October 1, 1927.
In 1958, Hilton Hotels purchased the property and opened a Trader Vic's within it on April 14, 1958. Hilton later renamed the hotel the Savoy Hilton. Hilton sold the hotel to Webb & Knapp, Inc. in May 1962, for $25 million. Webb & Knapp resold the hotel to British Commercial Property Investments of Toronto later that year. Hilton and the hotel's owners agreed to end the chain's management of the hotel in 1964, though the contract continued through 1967. Western International Hotels assumed management on June 2, 1964, renaming the property The Savoy Plaza, without the original hyphen. Owners announced plans for the hotel's demolition on August 21, 1964 leading to a significant public outcry and protests. On December 16, 1964, the owners announced that the hotel would be replaced by a 48-story office tower, designed by Edward Durell Stone to house the Eastern headquarters of General Motors. The hotel remained open through the duration of the 1964/1965 New York World's Fair, finally closing in October 1965. It was demolished in late 1965 and early 1966 and replaced with the General Motors Building, completed in 1968.
- Turkel, MHS, ISHC, Stanley (February 27, 2008). "Remember the Savoy Plaza Hotel?; Is Economic Disaster Imminent; Cuba at the Crossroads". Hospitalitynet.org. Retrieved February 22, 2017.
- "New York Architecture Images- Savoy-Plaza Hotel". nyc-architecture.com. Retrieved 2013-10-30.
- Hailey, Foster (August 21, 1964). "Savoy Plaza to Be Razed for G.M. Offices". The New York Times.
- "Hotel Here to Become The Savoy Plaza Again". The New York Times. June 3, 1964.
- Fowler, Glenn (December 16, 1964). "48-Story Tower to Rise on Savoy Plaza Site". The New York Times.
- "Manhattan 1960s: 1965". Wired New York. April 5, 2010. Retrieved February 22, 2017.