The Ritz-Carlton Investing Company was established by Albert Keller, who bought and franchised the name in the United States.

[3] In the opening year, the Ritz-Carlton Company announced its intention to expand the hotel, adding 100 rooms, a 300-seat banquet hall, ballroom, and private dining rooms, all on the 46th Street side.

[6] In 1982, Blakely licensed the Ritz-Carlton name to hotelier John Bennett Coleman for two hotels Coleman was renovating, The Fairfax in Washington, D.C., and the Navarro at 112 (now 110) Central Park South in New York City.

[9] The two hotels eventually joined the modern chain that would be founded a few years later.

[10] It was extensively renovated and re-opened in 2002 as a luxury hotel and condominium complex called the Ritz-Carlton New York, Central Park.