HOLLYWOOD — Showbiz will lose one of its favored venues Jan. 22 when Century City’s St. Regis Hotel closes its doors as a hotel, to be converted into condominiums.
The 297-room, 31-story hotel was managed by St. Regis Hotels & Resorts but owned by Pivotal Group, DMB Associates and AEW Partners III.
They sold the hotel at the end of October. The new owner is New York-based realty company Related Cos.
In recent years, the St. Regis has been the site of BAFTA/LA’s Golden Globes-eve tea party, the L.A. Film Critics Assn. awards presentation, Miramax’s Oscar party and numerous premiere after-parties.
President Ronald Reagan was the first guest to check into the hotel structure when it opened in 1984, when it was called the Century Plaza Tower and was part of the Century Plaza Hotel. Under new owners, the building became the St Regis in 2000.