Step into the Raleigh and instantly you're transported to another time -- 1940 to be exact, the year prolific architect L. Murray Dixon's monument to Streamline Moderne design threw open its dazzling doors. Slink through the sophisticated lobby like the movie star you are. Slip into the cozy bar, boasting martini glasses festively illustrated in the terrazzo floor, for a cocktail. Head outdoors and take a dip in the spectacular scalloped swimming pool surrounded by towering palm trees. Check into one of the 104 rooms and suites decorated in Art Deco-period style and your pleasant journey to the past might convince you it's futile to return to the present. The Raleigh's name was meant to pay tribute to Sir Walter Raleigh, intrepid British explorer, notable poet, and charming courtier to Queen Elizabeth I -- a true Renaissance man. Who better than an urbane figure like renowned hotel honcho André Balazs -- behind the swanky empire that includes Los Angeles's Chateau Marmont and New York's Mercer -- to assume ownership of the Raleigh? He did so recently, assuring continued excellence.