Roosevelt Hotel
Hotel in Manhattan
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| March 2025 | Most employees of the Roosevelt Hotel are laid off following the shelter closure announcement. |
| February 2025 | Mayor Adams announces the closure of the migrant shelter at the Roosevelt Hotel, scheduled for June, after processing over 173,000 migrants. |
| April 2024 | The migrant intake center at the Roosevelt Hotel has served 130,000 people. |
| February 2024 | Jones Lang LaSalle is selected as the real estate brokerage for the Roosevelt Hotel site by Pakistani officials. |
| September 2023 | Pakistani officials review four proposals for the redevelopment of the Roosevelt Hotel. |
| May 15 2023 | New York City opens a welcome center at the Roosevelt Hotel for migrant housing, initially activating 175 rooms of a planned 850-room shelter, becoming the city's ninth Humanitarian Emergency Response and Relief Center. |
| January 2023 | Pakistani officials indicated they would not sell the hotel, instead planning to form a joint venture to operate it, with the hotel's future still uncertain due to ongoing legal issues. |
| August 2022 | The Qatar Investment Authority expressed interest in purchasing a 25 percent stake in the hotel, which was denied by Pakistan's aviation minister. |
| November 2021 | PIA began paying severance to approximately 500 furloughed workers after previous delays in payment. |
| 2020 | The Roosevelt Hotel closed its operations, ending its long history as a notable Manhattan hotel. |
| 2020 | The Roosevelt Hotel closed due to financial losses associated with the COVID-19 pandemic. |
| December 18 2020 | The Roosevelt Hotel officially closed, with the Pakistani Air Ministry refusing to disclose future plans for the property. |
| October 2020 | PIA announced the permanent closure of the Roosevelt Hotel due to continued financial losses from the pandemic. |
| September 2020 | Pakistan's Economic Coordination Council provided $142 million to the Roosevelt Hotel Corporation to settle outstanding debts and pay employee severance. |
| July 2020 | Pakistan's Aviation Division officials indicated the hotel might close permanently in December, as it was losing $37 million annually. The Cabinet Committee on Privatization decided to run the hotel through a joint venture. |
| March 2020 | With the onset of the COVID-19 pandemic, most of the Roosevelt Hotel's employees were furloughed and occupancy rates dropped significantly. |
| 2018 | PIA refinanced the Roosevelt, obtaining a $105 million mortgage loan from JPMorgan Chase. |
| 2017 | PIA proposed selling the Roosevelt as part of a plan to raise $3.5 billion. Venture capitalist Shahal M. Khan expressed interest in buying the hotel for at least $500 million. |
| 2011 | The Roosevelt underwent an $8.2 million renovation, which included refurnishing all 1,015 units and the Madison Club Lounge. |
This contents of the box above is based on material from the Wikipedia article Roosevelt Hotel (Manhattan), which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.