Public Hotel Hosts Studio 54 Bash

" Most people think of the Studio 54 nightclub days as a glamorous time, but it wasn't always something co-founder Ian Schrager looked back on fondly.

The groundbreaking New York City nightclub operated from 1977-81, and attracted the likes of Mick Jagger, Diana Ross and Andy Warhol on a regular basis.

"It was a very indulgent age. It almost destroyed me," Schrager says. "There was a lot of controversy about it and I remembered more of the bad part than the good part, but over the years I started forgetting about the bad part and only remembering the good part ... my ambitions and aspirations kind of moved on from that."

Those ambitions include projects like Chicago's Public Hotel. Schrager opened the Gold Coast hot spot a year ago, including a revamp of the iconic Pump Room "

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