The hotel closed in 2017 for the renovation, but the work was suspended indefinitely when the COVID-19 pandemic hit. In 2016, Matt Baron, president of Simon Baron, said he was committed to the preservation of architecturally or historically significant components of the building, such as the hotel's grand lobby, but his company planned to completely redevelop the interior and fix the "hodgepodge" work that had been done in more recent years. In 2014, the hotel was sold to New York City hotelier Richard Born for $30 million, after which another New York-based firm, Simon Baron Development, acquired a 99-year ground lease on the property. ![]() In 2011, part of the Cecil Hotel was rebranded as "Stay on Main", with separate reception areas during the day, but with shared facilities and its official website remained. ![]() In 2008, a portion of the hotel was refurbished after new owners took over from there. As many as 10,000 homeless people lived within a four-mile (6 km) radius. Although the hotel flourished as a fashionable destination throughout the 1940s, the decades beyond saw the hotel decline, as the nearby area known as Skid Row became increasingly populated with transients. The three hoteliers invested about $2.5 million in the enterprise, with the knowledge that several similar hotels had been established elsewhere downtown, but within five years of its opening, the United States sank into the Great Depression. Paden, the hotel cost $1.5 million to complete and boasted an opulent marble lobby with stained-glass windows, potted palms, and alabaster statuary. Designed by Loy Lester Smith in the Beaux Arts style, and constructed by W. Schops- as a destination for business travelers and tourists. The Cecil was built in 1924 by three hoteliers-William Banks Hanner, Charles L. On December 13, 2021, the Cecil Hotel was reinaugurated as an affordable housing complex. Renovations started in 2017 were halted by the COVID-19 pandemic, resulting in the hotel's temporary closure. ![]() The hotel has a checkered history, with many suicides and deaths occurring there. ![]() In 2011, the hotel was renamed the Stay On Main. The Cecil Hotel is an affordable housing complex in Downtown Los Angeles.
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