The Roosevelt Hotel at 45 East 45th Street is shuttering after nearly a century in operation, Reuters reported. Times Square and Grand Central Station, it's become an iconic building in the Big Apple. COVID-19 has claimed the landmark Roosevelt Hotel in Midtown Manhattan. You can find out more in the latest FCDO USA travel advice. Its owner, Pakistan International Airlines, announced over the weekend that it was shuttering the 19-story, 1,015-key hotel at 45 East 45th Street before the end of 2020 due to a steep drop in demand because of the pandemic. 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Since 1924, the Roosevelt Hotel has been a witness to history. The strip is still so popular today that we decided to reprint the best of the strips by Maurice Dodd and Dennis Collins, Andy Capp has been a favourite part of the Daily Mirror since 1957. ... NYC’s historic Roosevelt Hotel is closing after nearly 100 years. There is a 24-hour bar and a lounge restaurant on site.It stands 5 minutes' walk away from Grand Central - 42nd Street underground station.It also features a private pool. This might mean that any buyer of the former Roosevelt will likely purchase the 742,557-square-foot building as a conversion opportunity, retaining its historic facade and gutting the interior. New York’s Roosevelt Hotel Closing Permanently Due to COVID. After more than 100 years in business, New York's historic Roosevelt Hotel is now set to close this year. Another New York City hotel has succumbed to the struggling economy. Roosevelt Hotel New York welcomes guests with a daily buffet breakfast. The hotel was home to many iconic New York moments. “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. Facebook Twitter Email The Roosevelt Hotel will soon join the growing list of New York City businesses to shutter amid the ongoing coronavirus pandemic. Plus, hotels as an investment vehicle rank near the bottom of the pile in terms of desirability. Roosevelt Hotel in New York City set to close by end of month. A statement sent by a spokesperson for the hotel to CNN read: "Due to the current, unprecedented environment and the continued uncertain impact from COVID-19, the owners of The Roosevelt Hotel have made the difficult decision to close the hotel and the associates were notified this week. The closures and dearth of business has also meant sweeping job losses in the industry. 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