 The building was converted to operate exclusively as a hotel in 1937, featuring one of the most glamorous bars in the city, the Zebra Room, with interiors by noted designer Wayne McAllister.Conrad Hilton bought the Town House in 1942, paying owner Arnold Kirkeby $150,000 cash and assuming $830,000 of debt.Elizabeth Taylor celebrated her first marriage, to Hilton heir Conrad Hilton, Jr., at the hotel in 1950.