vanderbilt's old grand central depot. it became grand central station. the hotel was right next to grand central station. the hotel was huge. it did great for decades. did great until it didn't. by the 1970s, about 100 years after cornelius vanderbilt's death, new york city was in what we have come to think of as its drop dead phase. the big old commodore hotel right next to grand central station, it was on its last legs. commodore hotel went bankrupt in the 1970s around the time that new york as a city thought that it was going bankrupt too. when a young new york developer decided that he wanted to buy the commodore out of bankruptcy and redo it, that became one of the biggest and highest profile deals of that developer's life. it was a big deal because the commodore hotel was a big
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