Studio 54 Founder Ian Schrager Gets Pardon From Obama on Tax Charge
Image by Getty Images
More than three decades after he ran afoul of his federal taxes, New York City real estate developer Ian Schrager is receiving a pardon from outgoing President Barack Obama.
Schrager, the founder of Manhattan’s famous Studio 54 nightclub, served almost two years in federal prison after being judged guilty on charges of tax evasion back in 1980.
The presidential action has no practical impact on Schrager, who also had to pay $20,000 in restitution.
Schrager grew up in a Jewish family in Brooklyn before he and business partner Steve Rubell started Studio 54, which defined urban cool in the late ‘70’s and early ‘80’s. President-elect Donald Trump was a frequent visitor to the nightclub in its heyday.
He’s up to more boring stuff today, currently heading the Ian Schrager Company, which has developed a number of city hotels since its inception a decade ago and is currently building a new complex of condominiums on Leroy Street in the West Village.
Contact Daniel J. Solomon at [email protected] or on Twitter @DanielJSolomon
The Forward is free to read, but it isn’t free to produce
I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.
Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
This is a great time to support independent Jewish journalism you rely on. Make a gift today!
— Rachel Fishman Feddersen, Publisher and CEO
Support our mission to tell the Jewish story fully and fairly.
Dive In
-
Fast Forward Trump’s new pick for surgeon general blames the Nazis for pesticides on our food
-
Fast Forward Jewish feud over Trump escalates with open letter in The New York Times
-
Fast Forward First American pope, Leo XIV, studied under a leader in Jewish-Catholic relations
-
Fast Forward Ye debuts ‘Heil Hitler’ music video that includes a sample of a Hitler speech
Most Popular
- 1
Culture Cardinals are Catholic, not Jewish — so why do they all wear yarmulkes?
- 2
News School Israel trip turns ‘terrifying’ for LA students attacked by Israeli teens
- 3
Fast Forward Ye debuts ‘Heil Hitler’ music video that includes a sample of a Hitler speech
- 4
Fast Forward Student suspended for ‘F— the Jews’ video defends himself on antisemitic podcast
In Case You Missed It
-
Yiddish קאָנצערט לכּבֿוד דעם ייִדישן שרײַבער און רעדאַקטאָר באָריס סאַנדלערConcert honoring Yiddish writer and editor Boris Sandler
דער בעל־שׂימחה האָט יאָרן לאַנג געדינט ווי דער רעדאַקטאָר פֿונעם ייִדישן פֿאָרווערטס.
-
Fast Forward Trump’s new pick for surgeon general blames the Nazis for pesticides on our food
-
Fast Forward Jewish feud over Trump escalates with open letter in The New York Times
-
Fast Forward First American pope, Leo XIV, studied under a leader in Jewish-Catholic relations
-
Shop the Forward Store
100% of profits support our journalism
Republish This Story
Please read before republishing
We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines.
You must comply with the following:
- Credit the Forward
- Retain our pixel
- Preserve our canonical link in Google search
- Add a noindex tag in Google search
See our full guidelines for more information, and this guide for detail about canonical URLs.
To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.