Ritz-Carlton Hotel, New York

The Ritz-Carlton Hotel, Madison Avenue and 46th Street, Midtown Manhattan. Photograph copyrighted by Irving Underhill in 1911. Source: Library of Congress Prints and Photographs Division.

The Ritz-Carlton Investing Company was established in the United States by Albert Keller, who bought and franchised the name. The New York hotel opened in 1911, the first one in the United States, demolished in 1951. The Ritz-Carlton Hotel Company expanded after 1982. The former Hotel St. Moritz, built in 1930 and located at 50 Central Park South was bought by the Company.