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The Roosevelt Hotel in New York will close after nearly 100 years due to the coronavirus pandemic

(CNN) – Since 1924, the Roosevelt Hotel has witnessed history.

The New York landmark was the election headquarters of Governor Thomas Dewey when he incorrectly announced that he had defeated Harry Truman in the 1948 presidential election. It served as the backdrop for films like “The Irishman” and helped start the tradition New Year’s Eve.

A fixture of the Manhattan skyline, the hotel boasts elegant architecture and is minutes from Times Square and Grand Central Terminal.

But now, The Roosevelt Hotel will no longer witness any footage or moments in history.

The hotel will close its doors permanently this year, a spokesperson on CNN said in a statement.

The Roosevelt Hotel, owned by Pakistan International Airlines, cited the coronavirus pandemic and the resulting downturn in business as the main reasons it will cease operations.

“Due to the current unprecedented environment and the continuing uncertain impact of COVID-1

9, the owners of the Roosevelt Hotel have made the difficult decision to close the hotel and the associates have been notified this week,” the statement read. “The iconic hotel, along with most of New York City, has experienced very low demand and as a result the hotel will cease operations before the end of the year. There are currently no plans for the building beyond closure. scheduled “.

The coronavirus has devastated the hospitality industry, forcing many hotels across the country to take drastic steps to survive. Employment rates have reached new lows and many employees in the sector have been laid off or laid off.

Additionally, a survey by the American Hotel Lodging Association found that 74% of US hotels say more layoffs will come if the industry doesn’t get additional federal assistance.

Named after President Theodore Roosevelt, the hotel has also been seen in films such as “Maid in Manhattan”, “Malcolm X” and “Wall Street”.

Also, it was at the Roosevelt Hotel Grill in 1929 that Guy Lombardo first aired “Auld Lang Syne” on New Year’s Eve.

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