If you think about it, the concept for Ian Schrager’s (of Studio 54 and Hudson Hotel fame) Gold Coast hotel is pretty revolutionary: Offer topnotch service and accommodations without the pretense or hefty price tag. Rates for the elegant, generously sized rooms are reasonable and include breakfast; instead of traditional room service, there’s the picnic-style Public Express (emphasis on express); and for business travelers the lobby doubles as a decked-out communal workspace and full-functioning coffee bar. Whether for dinner (Jean-Georges Vongerichten is in charge of the menu) or a drink, the storied Pump Room is a favorite—while there, take a peek at Frank Sinatra’s favorite booth, which has been kept intact despite several redesigns. The Back Room is a cozy spot for intimate live performances, events, and Saturday morning cartoon screenings for the littles.

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