It has served as the backdrop for movies such as "The Irishman" and it helped start a New Year's Eve tradition.
A fixture of the Manhattan skyline, the hotel boasts elegant architecture and is minutes away from Times Square and Grand Central Terminal.
But now, The Roosevelt Hotel will no longer bear witness to motion pictures or moments in history.
The hotel will permanently close its doors this year, a spokesperson told CNN in a statement.
The Roosevelt Hotel, owned by Pakistan International Airlines, cited the coronavirus pandemic and the ensuing drop in business as the principal reasons it will cease operations.
The coronavirus has devastated the hospitality industry, forcing many hotels around the country to take drastic steps to survive.
Named after President Theodore Roosevelt, the hotel has also been seen in films including "Maid in Manhattan," "Malcolm X" and "Wall Street. »